Paras Defence shares soar 10% on receiving license to manufacture machine guns: Know More Here

Paras Defence shares soar 10% on receiving license to manufacture machine guns: Know More Here

Paras Defence and Space Technologies’ shares rose 10% in early morning trading on Tuesday, January 7, after the business announced that it had been awarded a license under the Arms Act of 1959. The business stated in an exchange filing that this license allows Paras Defence to manufacture MK-46 and MK-48 Belt-fed Light Machine Guns…