New Delhi, Sept. 12 -- Shares of Paras Defence and Space Technologies rose as much as 3.6 percent to its day's high of Rs.678 on Friday, September 12 after the company received an order from Opto Electronics Factory, a unit of Defence Ministry worth Rs.26.6 crore.

"We are pleased to inform you that Paras Defence and Space Technologies Limited ("PARAS"), has received incremental orders from Opto Electronics Factory ("OLF"), a Unit of India Optel Ltd., Govt. of India Enterprise, Ministry of Defence, Dehradun, valued at approximately Rs. 26.6 Crores (incl. taxes) for supply of Electronic Control Systems used in Thermal Imaging Fire Control System (TIFCS) for Battle-Tank application delivered by OLF to Indian Armed Forces," it said in an exc...