NIFTY 22196.00 BANK 47620.00

Paras Defence and Space Technologies Limited
Share Price Target & Analysis

NSE:PARAS

727.02

VWAP

730.00

Open

725.75

Close

734.95

High

720.00

Low

848.00

52 Week High

721.15 ⇩
-4.60 (-0.63%)

PARAS

(Miscellaneous)
64.5% Momentum

Sideways to Positive

491.15

52 Week Low

8.4

EPS

54.12

PE

7.58

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: PARAS Share Price Financial Analysis & Valuation

Paras Defence and Space Technologies Limited (PARAS) is broadly categorized in Miscellaneous segment industry which deals in Defence vertical. It is one of Small Cap company with Market Capitalization of Rs 2622.4 (in Cr). Total number of free float shares are 0 (in Lacs). Paras Defence and Space Technologies Limited is listed on NSE with Exchange ID - INE045601015 and trading code is NSE:PARAS with short name Paras Defence.

In the past 1 year, Paras Defence and Space Technologies Limited has declared an equity dividend of Rs 0 per share. At the current share price of PARAS at Rs 721.15, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:PARAS, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine PARAS underlying value and future prospects. All of this data is available in PARAS financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:PARAS, it is clearly understood that PARAS is Economical performer in terms of earnings and profit margins with an EPS of 8.4. NSE:PARAS book value per share as of today is 95.20. The current price to book ratio for PARAS as of May 15, 2024 is 7.58.

Valuation of the Stock: The current valuation of PARAS stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of PARAS whether to BUY this stock at current valuation. The delivery percentage of PARAS is 38.33% is very crucial parameter which shows that 38.33% investors are anticipating that the price of PARAS share should go up with VWAP at 727.02.

Now, the main question is whether to BUY or SELL, NSE:PARAS at current valuation.
As per latest Analysis No. #1352:-

⇑ STRONG BUY PARAS if All Greens

⇗ BUY PARAS (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD PARAS (With Stop Loss) if only 1 Green

⇘ SELL PARAS if NO Green Indicator

NSE: PARAS Share Price Today (May 15, 2024)

(Paras Defence and Space Technologies Limited Daily Analysis on the basis of PARAS Intraday Graph & Trend)

Paras Defence and Space Technologies Limited share price moved Down by -0.63% from its previous close of Rs 725.75. PARAS stock last traded price is 721.15. PARAS share price trend is Down with a total of 83771 stocks traded till now. It has touched an intraday high of Rs 734.95 and an intraday low of Rs 720.00. The PARAS trading at 721.15, Down by Rs. -4.60, or -0.63 percent which suggests that most of the Traders are anticipating that the price of PARAS share should go Down.

NSE: PARAS Share Price Tomorrow Prediction

(Paras Defence and Space Technologies Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of PARAS)

Paras Defence and Space Technologies Limited share price moved Down by -0.63%. PARAS share price short term trend is Down. It suggests that PARAS Share Price for Tomorrow remains the same with VWAP at 727.02 will be treated as stop loss for intraday traders. Paras Defence and Space Technologies Limited Long term investors can follow the PARAS long term trend as mentiond in future forecast table.

NSE Code

NSE: PARAS

PARAS Share Price Today

 721.15

PARAS Share Price Target Prediction for 2024 ^

 643.8 - 852.2

PARAS Share Price Target Prediction for 2025*^

 852.2 - 907.9

PARAS Share Price Target Prediction for 2026*^

 907.9 - 971.5

PARAS Share Price Target Prediction for 2027*^

 1020

PARAS Share Price Target Prediction for 2028*^

 1049

PARAS Share Price Target Prediction for 2030*^

 1144
PARAS Current Book Value 2023
94.7

*Paras Defence and Space Technologies Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^PARAS share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

PARAS Technical Analysis

Candlestick Pattern: @727.65

PARAS Moving Averages

BUY (12) NEUTRAL (0) SELL (2)
MA Simple Action S1 Expo Action E2
MA_5 743.79 SELL 733.67 SELL
MA_12 713.2 BUY 717.55 BUY
MA_20 701.62 BUY 708.82 BUY
MA_32 683.4 BUY 704.04 BUY
MA_50 699.01 BUY 705.83 BUY
MA_100 724.5 BUY 710.1 BUY
MA_200 716.28 BUY 696.58 BUY

PARAS Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 701.62 Uptrend
MACD 6.42 BUY
ADX 19.15 NO or Weak Trend
DMI (+/-) 26.63 / 20.83 Uptrend

PARAS Momentum Oscillators

BUY (2) NEUTRAL (9) SELL (1)
Momentum Oscillators Value Action
RSI 56.83 Neutral
STOCHASTIC_K (Fast) 48.72 Neutral
STOCHASTIC_D (Slow) 66.92 Neutral
CCI 56.61 Neutral
PSAR 685.06 BUY
TRUE RANGE 20.9 Neutral
ATR 26.93 Neutral
WILLIAMS R -44.54 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 53.46 Neutral
MOMENTUM 84.45 BUY

PARAS Last 1 Year Trend

Duration Value
1 Year 40.74%
3 Months -4.46%
1 Month 13.13%
1 Week 5.5%

PARAS Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 57%
NEUTRAL / HOLD 33%
SELL 10%

Most popular Questions & Answers about PARAS


Paras Defence and Space Technologies Limited stock last traded price is 721.15. PARAS share price moved Down by -0.63% from its previous close of Rs 725.75.

Paras Defence and Space Technologies Limited share price trend is Down with a total of 83771 stocks traded till now. It has touched an intraday high of Rs 856.48 and an intraday low of Rs 720.00. The PARAS trading at 721.15, Down by Rs. -4.60, or -0.63 percent which suggests that most of the Traders are anticipating that the price of PARAS share should go Down and the Stop Loss will be around 727.02.

The market cap of Paras Defence and Space Technologies Limited is ₹2622.4 (in Cr) as of May 14, 2024.

The current price to earning ratio for Paras Defence and Space Technologies Limited as of May 14, 2024 is 54.12.

The current price to book ratio for Paras Defence and Space Technologies Limited as of May 14, 2024 is 7.58.

The highest price of Paras Defence and Space Technologies Limited stock is ₹848.00 in the last 52-week.

The lowest price of Paras Defence and Space Technologies Limited stock is ₹491.15 in the last 52-week.

Paras Defence and Space Technologies Limited share trading at ₹721.15, Down by Rs. -4.60, or -0.63 percent which suggests that most of the traders are anticipating that the price of PARAS share should go Down.

In 2023, Stock price target for Paras Defence and Space Technologies Limited (PARAS) are ₹643.8 on downside and ₹852.2 on upside. Paras Defence and Space Technologies Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Paras Defence and Space Technologies Limited (PARAS) are ₹852.2 on downside and ₹907.9 on upside. Paras Defence and Space Technologies Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Paras Defence and Space Technologies Limited (PARAS) are ₹907.9 on downside and ₹971.5 on upside. Paras Defence and Space Technologies Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Paras Defence and Space Technologies Limited (PARAS) will be around ₹1049 Paras Defence and Space Technologies Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of PARAS.

As per the fundamental analysis of Paras Defence and Space Technologies Limited (PARAS), it is of Economical quality in terms of earnings and profit margins with an EPS of 8.4. Paras Defence and Space Technologies Limited book value per share as of today is 95.20. The current price to book ratio for PARAS as of May 15, 2024 is 7.58.


NSE:PARAS News & Other Useful Information about PARAS Share Price


Peer Comparison of NSE: PARAS

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Defence

Company Price EPS BV
BDL 1947.00 26.01 175.22
PARAS 721.15 8.4 95.2
ASTRAMICRO 709.10 7.9 68.95
ZENTEC 959.55 15.37 38.03
KRISHNADEF 416.00 0 28.4
Updated at: 15 May 2024 13:58

Feel free to contact us, in case of any queries.

SITEMAP 3445
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3065.95 28.40 (0.93%) | ADANIGREEN 1799.40 10.60 (0.59%) | ADANIPORTS 1341.15 9.90 (0.74%) | ADANITRANS 1022.05 31.00 (3.13%) | AMBUJACEM 614.90 4.70 (0.77%) | APOLLOHOSP 5856.85 -5.95 (-0.1%) | ASIANPAINT 2836.85 -29.30 (-1.02%) | ATGL 918.40 9.45 (1.04%) | AUROPHARMA 1158.70 -9.90 (-0.85%) | AXISBANK 1125.35 2.50 (0.22%) | BAJAJ-AUTO 9061.00 -4.25 (-0.05%) | BAJAJFINSV 1582.25 5.80 (0.37%) | BAJFINANCE 6668.70 -7.00 (-0.1%) | BALKRISIND 2504.85 17.20 (0.69%) | BANDHANBNK 191.05 2.50 (1.33%) | BANKBARODA 263.55 2.70 (1.04%) | BEL 232.15 1.20 (0.52%) | BERGEPAINT 485.80 -8.75 (-1.77%) | BHARTIARTL 1295.40 11.10 (0.86%) | BIOCON 318.40 7.50 (2.41%) | BOSCHLTD 31409.95 -472.05 (-1.48%) | BPCL 608.60 2.65 (0.44%) | BRITANNIA 5116.00 -24.80 (-0.48%) | CADILAHC 992.50 10.35 (1.05%) | CIPLA 1402.40 45.05 (3.32%) | COALINDIA 465.80 17.10 (3.81%) | COLPAL 2805.85 -14.10 (-0.5%) | DABUR 549.80 -4.75 (-0.86%) | DIVISLAB 3894.15 -2.05 (-0.05%) | DLF 831.00 -8.05 (-0.96%) | DMART 4625.20 28.15 (0.61%) | DRREDDY 5935.00 66.20 (1.13%) | EICHERMOT 4705.05 -25.50 (-0.54%) | GAIL 199.40 -0.65 (-0.32%) | GLAND 1780.00 14.50 (0.82%) | GODREJCP 1310.75 3.85 (0.29%) | GRASIM 2400.75 28.70 (1.21%) | GUJGASLTD 548.10 -3.30 (-0.6%) | HAVELLS 1740.00 10.90 (0.63%) | HCLTECH 1334.40 13.35 (1.01%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3692.85 14.95 (0.41%) | HDFCBANK 1440.70 -20.25 (-1.39%) | HDFCLIFE 557.70 -3.85 (-0.69%) | HEROMOTOCO 5090.85 47.40 (0.94%) | HINDALCO 653.05 6.40 (0.99%) | HINDUNILVR 2343.60 -6.00 (-0.26%) | HINDZINC 575.45 15.55 (2.78%) | ICICIBANK 1120.40 -0.15 (-0.01%) | ICICIGI 1664.15 -19.65 (-1.17%) | ICICIPRULI 584.90 -12.30 (-2.06%) | INDIGO 4164.10 16.75 (0.4%) | INDUSINDBK 1419.70 -1.30 (-0.09%) | INDUSTOWER 347.05 7.55 (2.22%) | INFY 1424.30 -0.40 (-0.03%) | IOB 62.50 0.65 (1.05%) | IOC 161.40 2.05 (1.29%) | ITC 429.00 -0.70 (-0.16%) | JSWSTEEL 877.80 -3.70 (-0.42%) | KOTAKBANK 1649.70 3.40 (0.21%) | LT 3385.85 6.40 (0.19%) | LTI 4634.85 41.30 (0.9%) | LUPIN 1644.00 6.85 (0.42%) | M&M 2302.05 32.15 (1.42%) | MARICO 600.70 0.45 (0.07%) | MARUTI 12835.10 20.90 (0.16%) | MCDOWELL-N 1169.75 -5.85 (-0.5%) | MOTHERSUMI 127.55 2.50 (2%) | MUTHOOTFIN 1682.20 4.90 (0.29%) | NAUKRI 5942.90 -74.40 (-1.24%) | NESTLEIND 2465.00 -22.35 (-0.9%) | NMDC 267.50 2.45 (0.92%) | NTPC 360.05 4.25 (1.19%) | ONGC 273.90 1.00 (0.37%) | PEL 836.10 5.85 (0.7%) | PIDILITIND 2997.90 14.15 (0.47%) | PIIND 3631.20 -36.40 (-0.99%) | PNB 127.50 1.75 (1.39%) | POWERGRID 312.25 3.00 (0.97%) | RELIANCE 2846.55 6.40 (0.23%) | SAIL 166.25 1.60 (0.97%) | SBICARD 720.00 1.60 (0.22%) | SBILIFE 1435.55 2.70 (0.19%) | SBIN 824.20 6.00 (0.73%) | SHREECEM 26080.00 55.10 (0.21%) | SIEMENS 7095.95 435.50 (6.54%) | SRF 2300.15 13.40 (0.59%) | SUNPHARMA 1543.90 -1.35 (-0.09%) | TATACONSUM 1081.85 -3.60 (-0.33%) | TATAMOTORS 972.05 7.40 (0.77%) | TATAMTRDVR 641.05 -5.30 (-0.82%) | TATASTEEL 167.20 2.25 (1.36%) | TCS 3889.00 -12.20 (-0.31%) | TECHM 1280.85 5.35 (0.42%) | TITAN 3272.50 -16.40 (-0.5%) | TORNTPHARM 2629.95 -0.70 (-0.03%) | ULTRACEMCO 9612.10 -48.55 (-0.5%) | UPL 516.25 6.20 (1.22%) | VEDL 442.10 9.55 (2.21%) | WIPRO 457.85 1.50 (0.33%) |