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Stocks to Watch, May 6: Paras Defence, HPCL, BoB, IHCL, Ather Energy

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Stocks to Watch, May 6: Paras Defence, HPCL, BoB, IHCL, Ather Energy - Business Standard

Quick Summary:

Stocks to Watch Today, May 6: GIFT Nifty indicates a flat start for the Indian equity markets.

Paras Defence and Space Technologies: The company has entered into an MOU (Memorandum of Understanding) on May 05, 2025 with HevenDrones (HD), Israel, with an intent to create new opportunities and expand both parties' business in the Indian and global defence sector."To support the MoU objectives, the parties intend to form a Joint Venture Company (JV) in India for development and production of logistics and cargo drones for defence and civil markets, all in accordance with the Government of India's Make in India initiative," Paras Defence said in an exchange filing.

The company's revenue from operations also rose 20 per cent Y-o-Y to ₹42,599 crore during Q4FY25.


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Published On: 2025-05-06 @ 08:06:33 (10 hours ago)

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