Paras Defence and Space Technologies Ltd (PARAS)
₹757.85▲0.09%
Paras Defence and Space Technologies Ltd share Performance
- ₹749₹773.8₹757.85
1.17%
Low
Day's Volatility:3.27%
High
2.10%
- ₹491.15₹848₹757.85
35.19%
Low
52 Weeks Volatility:47.09%
High
11.90%
| Returns % | |
| 1 Month Return | 17.72 % |
| 3 Month Return | -3.18 % |
| 1 Year Return | 46.45 % |
| Market Stats | |
| Previous Close | ₹757.15 |
| Open | ₹759.25 |
| Volume | 4.24L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,952.89Cr |
Company Information
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: ₹757.85 per share as on 25 Apr, 2024 04:01 PM
Market Capitalisation: ₹2,952.89Cr 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
| Organisation | Paras Defence and Space Technologies Ltd |
| Headquarters | Bengaluru |
| Industry | Aerospace & Defence |
| E-voting on shares | Click here to vote |
Key events for Paras Defence and Space Technologies Ltd
Paras Defence and Space Technologies Expects Optics Business to Drive Growth - 10 Apr, 2024
Paras Defence and Space Technologies expects its optics and optronic systems business, which currently contributes around 50% to revenues, to be a key growth driver in the near future. The company maintains an order book at 2.5-3 times the revenue, and the opportunity size could be as high as 10 times. Revenue growth is expected to continue in the range of 30-40%, with sustainable margins at current levels.
Paras Defence Stock Rises on Buy Recommendation - 03 Apr, 2024
The stock of Paras Defence and Space Technologies rose by 7.74% to reach a day high of Rs 723, with support at Rs 610. A domestic brokerage has recommended buying the stock for upside targets of Rs 760-820 levels.
Paras Defence and Space Technologies Ltd's Key Financial Indicators Look Decent Despite Share Price Drop - 14 Mar, 2024
Despite a 17% drop in share price over the past three months, Paras Defence and Space Technologies' key financial indicators look decent. The company's ROE will be closely watched as it could potentially lead to long-term stock growth.
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.
POSITIVE IMPACTPrice Rise
In the last 7 days, PARAS stock has moved up by 9.2%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 49.26 Cr → 64.95 Cr (in ₹), with an average increase of 12.5% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 37.83% to 38.18% in Mar 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 2.73% to 2.75% in Mar 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 58.94% of holdings in Mar 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Mazagon Dock Shipbuilders Ltd has given 212.0% return, outperforming this stock by 165.6%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 9.42 Cr → 6.66 Cr (in ₹), with an average decrease of 29.3% per quarter
- NEGATIVE IMPACT
FII Holding Down
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
Lowest (49.25x)
March 28, 2023
Industry (60.25x)
April 24, 2024
Today (89.82x)
April 24, 2024
Highest (145.96x)
October 22, 2021
Mutual Fund Holdings
| Funds | Holdings |
 Nippon India Small Cap Fund - Direct Plan - Growth Plan | 0.07% |
| Nippon India Power & Infra Fund - Direct Plan - Growth | 0.68% |
 Motilal Oswal Nifty Microcap 250 Index Fund Direct Growth | 0.16% |
 Groww Nifty Total Market Index Fund Direct Growth | 0.01% |
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M 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 ₹757.85
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 ₹773.8.
- Today’s lowest price of Paras Defence and Space Technologies Ltd is ₹749.
PE Ratio of Paras Defence and Space Technologies Ltd is 89.82
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 4.24L.
Today’s market capitalisation of Paras Defence and Space Technologies Ltd(PARAS) is ₹2952.89Cr.
| Paras Defence and Space Technologies Ltd(PARAS | Price |
|---|---|
52 Week High | ₹848 |
52 Week Low | ₹491.15 |
Paras Defence and Space Technologies Ltd(PARAS) share price is ₹757.85. It is down -10.63% from its 52 Week High price of ₹848
Paras Defence and Space Technologies Ltd(PARAS) share price is ₹757.85. It is up 54.30% from its 52 Week Low price of ₹491.15
| Paras Defence and Space Technologies Ltd(PARAS | Returns |
|---|---|
1 Day Returns | 0.7% |
1 Month Returns | 17.72% |
3 Month Returns | -3.18% |
1 Year Returns | 46.45% |