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flag Paras Defence stock rose 10% on March 4, 2026, after signing a deal with South Korea’s Green Optics for joint defence and space optics development.

flag Paras Defence shares jumped nearly 10% on March 4, 2026, after announcing a Memorandum of Understanding with South Korea’s Green Optics Co., Ltd., a move aimed at joint development and manufacturing of advanced optics for defence and space applications. flag The stock reached a high of ₹749.85, closing at ₹735.60, driven by rising global defence sentiment amid escalating U.S.-Iran tensions. flag The Nifty India Defence index rose, while South Korean defence stocks also surged, reflecting increased investor confidence in defence spending amid geopolitical uncertainty.

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