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Paras Defence and Space Technologies Limited
Share Price Target & Analysis

NSE:PARAS

986.68

VWAP

956.95

Open

954.05

Close

1001.75

High

954.25

Low

1592.7

52 Week High

976.90 ⇧
22.85 (2.4%)

PARAS

(Miscellaneous)
37.3% Momentum

Turnaround Potential

610

52 Week Low

12.66

EPS

43.37

PE

9.41

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 976.90, 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 12.66. NSE:PARAS book value per share as of today is 103.8. The current price to book ratio for PARAS as of Nov 23, 2024 is 9.41.

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 50.39% is very crucial parameter which shows that 50.39% investors are anticipating that the price of PARAS share should go up with VWAP at 986.68.

Now, the main question is whether to BUY or SELL, NSE:PARAS at current valuation.
As per latest Analysis No. #1700:-

⇑ 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 (Nov 23, 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 Up by 2.4% from its previous close of Rs 954.05. PARAS stock last traded price is 976.90. PARAS share price trend is Up with a total of 226015 stocks traded till now. It has touched an intraday high of Rs 1001.75 and an intraday low of Rs 954.25. The PARAS trading at 976.90, Up by Rs. 22.85, or 2.4 percent which suggests that most of the Traders are anticipating that the price of PARAS share should go Up.

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 Up by 2.4%. PARAS share price short term trend is Up. It suggests that PARAS Share Price for Tomorrow remains the same with VWAP at 986.68 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

 976.90

PARAS Share Price Target Prediction for 2024 ^

 639.5 - 1171.5

PARAS Share Price Target Prediction for 2025*^

 1171.5 - 1705.1

PARAS Share Price Target Prediction for 2026*^

 1705.1 - 1824.5

PARAS Share Price Target Prediction for 2027*^

 1916

PARAS Share Price Target Prediction for 2028*^

 1971

PARAS Share Price Target Prediction for 2030*^

 2148
PARAS Current Book Value 2023
103.3

*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: @980.6

PARAS Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 986.74 SELL 985.35 SELL
MA_12 1015.36 SELL 1005.49 SELL
MA_20 1004.65 SELL 1016.42 SELL
MA_32 1035.6 SELL 1041.23 SELL
MA_50 1069.24 SELL 1066 SELL
MA_100 1165.17 SELL 1084.17 SELL
MA_200 990.11 SELL 1011.44 SELL

PARAS Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 1004.65 Downtrend
MACD -1.34 SELL
ADX 35.44 Strong Trend
DMI (+/-) 12.35 / 32.96 Downtrend

PARAS Momentum Oscillators

BUY (0) NEUTRAL (9) SELL (3)
Momentum Oscillators Value Action
RSI 43.53 Neutral
STOCHASTIC_K (Fast) 22.96 Neutral
STOCHASTIC_D (Slow) 6.88 Oversold
CCI -89.07 Neutral
PSAR 1087.86 SELL
TRUE RANGE 55.55 Neutral
ATR 49.06 Neutral
WILLIAMS R -56.6 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 69.45 Neutral
STOCHASTIC RSI D 23.15 Neutral
MOMENTUM -99.85 SELL

PARAS Last 1 Year Trend

Duration Value
1 Year 34.24%
3 Months -16.43%
1 Month -9.24%
1 Week -7.17%

PARAS Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 30%
SELL 67%

Most popular Questions & Answers about PARAS


Paras Defence and Space Technologies Limited stock last traded price is 976.90. PARAS share price moved Up by 2.4% from its previous close of Rs 954.05.

Paras Defence and Space Technologies Limited share price trend is Up with a total of 226015 stocks traded till now. It has touched an intraday high of Rs 1608.627 and an intraday low of Rs 954.25. The PARAS trading at 976.90, Up by Rs. 22.85, or 2.4 percent which suggests that most of the Traders are anticipating that the price of PARAS share should go Up and the Stop Loss will be around 986.68.

The market cap of Paras Defence and Space Technologies Limited is ₹2622.4 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Paras Defence and Space Technologies Limited as of Nov 22, 2024 is 43.37.

The current price to book ratio for Paras Defence and Space Technologies Limited as of Nov 22, 2024 is 9.41.

The highest price of Paras Defence and Space Technologies Limited stock is ₹1592.7 in the last 52-week.

The lowest price of Paras Defence and Space Technologies Limited stock is ₹610 in the last 52-week.

Paras Defence and Space Technologies Limited share trading at ₹976.90, Up by Rs. 22.85, or 2.4 percent which suggests that most of the traders are anticipating that the price of PARAS share should go Up.

In 2023, Stock price target for Paras Defence and Space Technologies Limited (PARAS) are ₹639.5 on downside and ₹1171.5 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 ₹1171.5 on downside and ₹1705.1 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 ₹1705.1 on downside and ₹1824.5 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 ₹1971 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.

The price of Paras Defence and Space Technologies Limited (PARAS) shares moved by 2.4%. The short-term trend for PARAS share price is Up. It implies that the share price of PARAS will stay the same tomorrow and that intraday traders should treat VWAP at 986.68 as a stop loss. Investors with a long-term outlook can track PARAS long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of PARAS stock is 151.8. Compared to the current market price of 976.90 INR, the PARAS stock is Overvalued by 84.5%.

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 12.66. Paras Defence and Space Technologies Limited book value per share as of today is 103.8. The current price to book ratio for PARAS as of Nov 23, 2024 is 9.41.


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 935.40 15.1 92.03
PARAS 976.90 12.66 103.8
ASTRAMICRO 748.75 12.86 101.97
ZENTEC 1763.40 24.29 53.92
KRISHNADEF 652.60 0 71.98
Updated at: 22 Nov 2024 15:58

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