Paras Defence share price spikes. (Photo: Freepik) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The shares of Paras Defence and Space Technologies Ltd. rose over 3% on Monday extending its gains for the seventh day. The shares have risen over 14% in the last seven trading sessions.

The company's profit rises 48.6% to Rs 20.6 crore in the second quarter of this financial year. This is in comparison to profit of Rs 13.9 crore in the previous quarter of this fiscal, according to its stock exchange notification on Thursday.

Revenue advanced by 21.4% year-on-year for the three months ended September, reaching Rs 106 crore. Operating income, or earnings before interest, taxes, depreciation, and amortization rose 30.5% year-on-year to Rs 29.7 crore. The Ebitda margin expande

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