Bengaluru, July 2 -- This small-cap Defence stock, engaged in designing, developing, manufacturing, and testing defence and space engineering products for various military and space applications, is in focus after the company's promoters and directors recently sold their stake worth Rs. 40.15 crore.

With a market capitalization of Rs. 6,749.19 crore, the shares of Paras Defence and Space Technologies Limited were currently trading at Rs. 1,688 per equity share, rising nearly 3.72 percent from its previous day's close price of Rs. 1,627.40.

Paras Defence and Space Technologies Limited's promoter and director sold a total of 2.50 lakh shares, amounting to a transaction value of Rs. 40.15 crore. The transaction was recorded on July 1. Ani...