Paras Defence and Space Technologies Ltd share price logo

Paras Defence and Space Technologies Ltd (PARAS)

₹777.80.66%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Paras Defence and Space Technologies Ltd share Performance

  • ₹760.75
    ₹791
    ₹777.8
    downward going graph

    2.19%

    Low

    Day's Volatility:3.89%

    High

    1.70%

    downward going graph
  • ₹491.15
    ₹848
    ₹777.8
    downward going graph

    36.85%

    Low

    52 Weeks Volatility:45.88%

    High

    9.03%

    downward going graph
1 Month Return+ 5.63 %
3 Month Return+ 4.19 %
1 Year Return+ 56.61 %
Previous Close₹782.95
Open₹785.80
Volume4.16L
Upper Circuit-
Lower Circuit-
Market Cap₹3,053.51Cr

Company Information

Paras Defence and Space Technologies Ltd is a leading Indian aerospace and defence company, incorporated in 2010. The company operates in multiple lines of business, including defence and aerospace, homeland security, and research and development.

Paras Defence and Space Technologies Ltd is known for its innovative products and services. It has developed a range of products, including unmanned aerial vehicles, missiles, radar systems, and satellite systems. Its popular brands include the Skyeye UAV, the Skystrike missile system, and the Skyeye radar.

The company is also involved in research and development activities, focusing on the development of advanced technologies for defence and aerospace applications. Its research and development activities have resulted in the development of a range of products, including the Skyeye UAV, Skystrike missile system, and Skyeye radar.

Share Price: ₹777.80 per share as on 22 May, 2024 04:01 PM
Market Capitalisation: ₹3,053.51Cr as of today
Revenue: ₹64.18Cr as on December 2023 (Q4 23)
Net Profit: ₹5.86Cr as on December 2023 (Q4 23)
Listing date: 01 Oct, 2021
Chairperson Name: Sharad Virji Shah
OrganisationParas Defence and Space Technologies Ltd
HeadquartersBengaluru
IndustryAerospace & Defence
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Key events for Paras Defence and Space Technologies Ltd

  • Bullish Outlook for Paras Defence and Space Technologies - 21 May, 2024

    Technical analysis suggests a bullish outlook for Paras Defence and Space Technologies with an inverted head and shoulder pattern formation on the chart. Traders can go long now at around ₹774 with a target of ₹830.

  • Paras Defence and Space Technologies Receives Rs. 20 Crore Contract from IFFCO - 06 May, 2024

    Paras Defence and Space Technologies has received a contract worth approximately Rs. 20 crore from IFFCO for spraying agri-products using drones in the fields of individual farmers across a maximum of 5 lakh acres of agricultural land area, to be executed by September 30, 2024. The company's Q3 FY23-24 revenue grew by 4.4% YoY, while net profit declined by 27.7% YoY.

Fundamentals of Paras Defence and Space Technologies Ltd

Insights on Paras Defence and Space Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 37.83% to 38.18% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, PARAS stock has moved up by 8.6%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 49.26 Cr → 64.95 Cr (in ₹), with an average increase of 12.5% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 2.73% to 2.75% in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 58.94% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Mazagon Dock Shipbuilders Ltd has given 293.7% return, outperforming this stock by 241.6%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 9.42 Cr → 6.66 Cr (in ₹), with an average decrease of 29.3% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.49% to 0.13% in Mar 2024 quarter

Paras Defence and Space Technologies Ltd Valuation

Paras Defence and Space Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (49.25x)

March 28, 2023

Industry (70.12x)

May 21, 2024

Today (92.88x)

May 21, 2024

Highest (145.96x)

October 22, 2021

LowHigh

Mutual Fund Holdings

Funds Holdings
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.08%
Nippon India Power & Infra Fund - Direct Plan - GrowthNippon India Power & Infra Fund - Direct Plan - Growth0.72%
Motilal Oswal Nifty Microcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Microcap 250 Index Fund Direct Growth0.17%
Groww Nifty Total Market Index Fund Direct GrowthGroww Nifty Total Market Index Fund Direct Growth0.01%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
58.94%
0.00
Foreign Institutions
0.13%
0.00
Mutual Funds
2.75%
0.00
Retail Investors
38.18%
0.00
Others
0%
0.00

Technicals of Paras Defence and Space Technologies Ltd share

News & Events of Paras Defence and Space Technologies Ltd

Frequently Asked Questions

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Paras Defence and Space Technologies Ltd (PARAS) share price today is ₹777.8

Paras Defence and Space Technologies Ltd is listed on NSE

Paras Defence and Space Technologies Ltd is listed on BSE

  • Today’s highest price of Paras Defence and Space Technologies Ltd is ₹791.
  • Today’s lowest price of Paras Defence and Space Technologies Ltd is ₹760.75.

PE Ratio of Paras Defence and Space Technologies Ltd is 92.88

PE ratio = Paras Defence and Space Technologies Ltd Market price per share / Paras Defence and Space Technologies Ltd Earnings per share

Today’s traded volume of Paras Defence and Space Technologies Ltd(PARAS) is 4.16L.

Today’s market capitalisation of Paras Defence and Space Technologies Ltd(PARAS) is ₹3053.51Cr.

Paras Defence and Space Technologies Ltd(PARASPrice
52 Week High
₹848
52 Week Low
₹491.15

Paras Defence and Space Technologies Ltd(PARAS) share price is ₹777.8. It is down -8.28% from its 52 Week High price of ₹848

Paras Defence and Space Technologies Ltd(PARAS) share price is ₹777.8. It is up 58.36% from its 52 Week Low price of ₹491.15

Paras Defence and Space Technologies Ltd(PARASReturns
1 Day Returns
-5.15%
1 Month Returns
5.63%
3 Month Returns
4.19%
1 Year Returns
56.61%