Paras Defence Share Price Target : Are you thinking of investing in Paras Defence shares? Want to know its future price target? In this guide, we will discuss Paras Defence share price target for the year 2024, 2025, 2026, 2030. Along with this, we will do a complete fundamental analysis to help you make the right decision.
Paras Defence are an Indian private sector company engaged in designing, developing, manufacturing and testing of a wide range of defence and space engineering products and solutions. We are one of the leading ‘Indigenously Designed Developed and Manufactured’ (“IDDM”) category private sector company in India which caters to four major segments of Indian defence sector i.e. defence and space optics, defence electronics, electro-magnetic pulse (“EMP”) protection solution and heavy engineering.
We are also the sole Indian supplier of critical imaging components such as large size optics and diffractive gratings for space applications in India (Source F&S Report).Our goal is to become one of the leading global companies for optics for defence and space sector.
Our defence electronics operations include providing a wide array of high performance computing and electronic systems for defence applications, including sub systems for border defence, missiles, tanks and naval applications. Webelieve that our domain expertise in electronics for defence applications has allowed us to contribute to some of the most prestigious defence programmes of the country.
Our EMP protection solutions include designing, developing, manufacturing and commissioning various solutions for EMP Protection. We are one of the few companies with specialized technology capabilities such as manufacturing EMP protection and our Company is expected to be an integral stakeholder in a majority of future sourcing of defence and space optics and EMP protection solutions.
Paras Defence heavy engineering for defence operations involves providing heavy engineering products and solutions, such as components for rockets and missiles along with providing mechanical manufacturing support to other verticals of our business. This also affords us an opportunity to serve as manufacturing partner for global requirements of such overseas technology companies.
| Fundamentals | Paras Defence |
|---|---|
| Market Cap | ₹4,313 Cr |
| 52 Week High | 1,592.70 |
| 52 Week Low | 610.00 |
| NSE Symbol | PARAS |
| ROE | 7.21% |
| P/E Ratio | 105.41 |
| EPS | 10.49 |
| P/B Ratio | 10.71 |
| Dividend Yield | 0.00% |
| Industry P/E | 48.35 |
| Book Value | 103.28 |
| Debt to Equity | 0.15 |
| Stock Face Value | 10 |
Paras Defence Shareholding Pattern
| Promoters | 58.94% |
|---|---|
| Retail & Others | 38.01% |
| DII | 0.01% |
| FII | 2.97% |
| Mutual Funds | 0.06% |
The Paras Defence Financial Reports
| Sector | Year (2023) |
|---|---|
| Revenue | 63.73 Cr. |
| Expense | 53.37 Cr. |
| Profit Before Tax | 10.36 Cr. |
| Net Profit | 7.60 Cr. |
Paras Defence Share Price Target 2024
The share price of Paras Defence may Ups & Down. According to our analysis levels, the minimum price of Paras Defence share in 2024 can be ₹1,200 and the maximum price can be ₹1,300.
| Month Wise (Year 2024) | Target Price |
|---|---|
| October | ₹1200 |
| November | ₹1250 |
| December | ₹1300 |
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Paras Defence Share Price Target 2025
The share price of Paras Defence may Ups & Down. According to our analysis levels, the minimum price of Paras Defence share in 2025 can be ₹1,360 and the maximum price can be ₹1,640.
| Month Wise (Year 2025) | Target Price |
|---|---|
| January | ₹1360 |
| February | ₹1374 |
| March | ₹1394 |
| April | ₹1440 |
| May | ₹1465 |
| June | ₹1478 |
| July | ₹1490 |
| August | ₹1515 |
| September | ₹1570 |
| October | ₹1585 |
| November | ₹1620 |
| December | ₹1640 |
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Paras Defence Share Price Target 2026
The share price of Paras Defence may Ups & Down. According to our analysis levels, the minimum price of Paras Defence share in 2026 can be ₹1,650 and the maximum price can be ₹1,900.
| Month Wise (Year 2026) | Target Price |
|---|---|
| January | ₹1650 |
| December | ₹1900 |
Also Read: INDIGO Share Price Target 2024, 2025, 2030, 2040 to 2050
Paras Defence Share Price Target 2030
The share price of Paras Defence may Ups & Down. According to our analysis levels, the minimum price of Paras Defence share in 2030 can be ₹2,700 and the maximum price can be ₹3,100.
| Month Wise (Year 2030) | Target Price |
|---|---|
| January | ₹2700 |
| December | ₹3100 |
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Paras Defence Share Price Target 2040
The share price of Paras Defence may Ups & Down. According to our analysis levels, the minimum price of Paras Defence share in 2040 can be ₹4,500 and the maximum price can be ₹5,000.
| Month Wise (Year 2040) | Target Price |
|---|---|
| January | ₹4500 |
| December | ₹5000 |
Also Read: Taneja Aerospace Share Price Target 2024, 2025, 2026 to 2030
Paras Defence Share Price Target 2050
The share price of Paras Defence may Ups & Down. According to our analysis levels, the minimum price of Paras Defence share in 2050 can be ₹8,600 and the maximum price can be ₹9,150.
| Month Wise (Year 2050) | Target Price |
|---|---|
| January | ₹8600 |
| December | ₹9150 |
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Paras Defence Financial Information
Competitive strengths
- Wide range of products and solutions for both defence and space applications.
- One of the few players in high precision optics manufacturing for space and defence application in India.
- Strong R&D capabilities with a focus on innovation.
- Well positioned to benefit from the Government’s “Atmanirbhar Bharat” and “Make in India” initiatives.
- Strong relationships with a diverse customer base.
- Experienced management team.
How To Buy Paras Defence Share?
To buy Paras Defence shares, you can easily buy shares of Paras Defence by using the trading platform of many stock brokers.
The names of most trading platforms for buying Paras Defence shares are given below.
- Groww App
- Phonepe. Share Market App
- Angel One App
- Dhan App
- Upstox App
- Zerodha App
Disclaimer :- The above article is for informational purposes only, and should not be construed as any investment advice. Money Mint idea suggests its readers/viewers to consult their financial advisors before making any money-related decisions.
