India, June 2 -- Shares of a leading defence and space engineering company extended gains after announcing a new domestic order win from a state-run aerospace major. The disclosure filed under exchange listing guidelines triggered active volume accumulation, pushing the stock into immediate focus during Tuesday's trading session.

With a market capitalisation of Rs. 6,750.80 crore, the shares of Paras Defence and Space Technologies Limited were trading at Rs. 837.35 per share, up 2.81 percent from its previous closing price of Rs. 814.50 apiece. It is trading at a P/E of 73.31.

The company has successfully secured a fresh purchase order from state-run defense enterprise Bharat Electronics Limited for the supply of localized electro-optic...