The shares of Paras defence and Space Technologies ltd(PDST) has been the best performing ipo stock of 2021 has run from Rs.456 to more than Rs. 1200, and is currently trading at Rs.743.
It has been awarded the TOT by DRDO for defence survillence,with this TOT(Transfer of Technology )Paras Defence would be serving the requirement of the Armed Forces of the Nation.
PDST is engaged in the designing and manufacturing and testing of defence and space engineering product and solution.
The stock has seen an interest of both FII and DII, although trading at very high PE.
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