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Paras Defence Share Price Target 2024, 2025, 2030, 2040, 2050

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Paras Defence Share Price Target – The company based in Mumbai is engaged in designing and manufacturing of defense and space products through Paras Defence and Space Technologies. It has a modern setup building that has over 600 people as its workforce.

It makes them quite unique in Indian defence industry as these companies primarily focus on innovation and research.

What is Paras Defence and Space Technologies Ltd NSE: PARAS?


The case of Paras Defence & Space Technologies is one such organisation that seem to be in an unending endeavour of the challenging the limits in the realms of defence and space. From small electronic devices to advanced engineering applications, they design and produce it all. They have created equipment for aspects such as EMP shielding which is not a normal item people consider in today’s society yet it plays a very important role in the military. Their hardware ends up in some of the most sophisticated rockets, missiles, and wheeled vehicles, but they really love electronics warfare and electromagnetic protection. On top of that, they’re into drones, anti-drone systems, and aircraft imaging it’s not only heavy machinery but also emerging technologies such as microwave systems and quantum communication.(Paras Defence Share Price Target )

Paras Defence Share Price Target 2024

Paras Defence & Space Technologies is one of those large players in the defense and space segment that can indeed inspire. Another advantage with them is that they do all the works by themselves, from designing to testing of their products. They provide product lines amounting to hundreds of different kinds, and because of this diversity, they are able to encroach on a larger marketplace. It has more than 600 employees, they have access to the state of the art equipment, and their main objectives are to manufacture high quality goods, on time, and not too expensive. For the next calendar year, they are anticipated to achieve a Paras Defence Share price target for the year 2024 of approximately ₹1,592.

The price will be between 717 rs to 1592 rs as per our analysis.

YearMinimum PriceMaximum Price
20247171592
MonthMinimum PriceMaximum Price
January717818
February701838
March610738
April619774
May681973
June7501527
July12471592
August10101420
September9201250
October9651389
November9001390
December9791400

Paras Defence Share Price Target 2025

Paras Defence & Space Technologies is a defense and space manufacturing company with a lot of experience in the field of defense and space technology. They source locally doing all the designing, modeling, developing and manufacturing within India itself. No matter whether the project is a small one or an enormous one, they have the manpower and the capital to complete the entire lot. Due to the nature of their work of supplying high quality products they have been contracted by both private organizations and the government with orders coming from within the country and from other countries as well. When it comes to the prospects for the future it is impossible to be shocked that the Paras Defence Share target price for the year 2025 is ₹2,370.

In the year 2025, we conclude that the price would be between 1060 rs to 2370 rs.

YearMinimum PriceMaximum Price
202510602370
MonthMinimum PriceMaximum Price
January10602115
February10742137
March10902153
April11402198
May11672215
June11762235
July11892253
August12122279
September12782300
October12892354
November13492353
December13602370

Paras Defence Share Price Target 2030

Optical coating tools, CNC cutting and nano cutting technologies and other advance manufacturing technologies are available and over the years the company has developed impressive skills with over 400 employees in the firm. Now they are venturing both domestically as well as globally in the country of India. It is already exporting its products to over 75 countries for export business contributing to about 13% of the company’s revenue and has been really mastering all the ways on how it can expand its export business.Based on their strategic goals and future expansion plans, Paras Defence Share price target 2030 is expected to be ₹3,130.

Paras Defence company performed very well in the stock market and in 2030 the price would be between 2900 rs to 3130 rs.

YearMinimum PriceMaximum Price
203029003130
MonthMinimum PriceMaximum Price
January29002953
February29332971
March29602988
April29783000
May29903060
June29503031
July29673043
August29803070
September30023089
October30323097
November30553116
December30943130

Share Price Target 2040

In Paras Defence, quality is important and so is innovation; the company strives for the best quality product and best technology. They spend good amounts of money on research every year as they strive to seek new grounds and enhance what they provide. And since the Indian government is increasing its expenditures in the defense segment, Paras Defence is in a good place to achieve that. The implication of more contracts possibly results to increased earning for the company. They are readying themselves for the future as these particular markets tend to grow after sometime in advanced societies. On average, they Paras Defence forecast stock price would total something between ₹4,821 and ₹5,027 by the year 2040.

YearMinimum PriceMaximum Price
204048215027
MonthMinimum PriceMaximum Price
January48214888
February48474900
March48654920
April48804912
May48704923
June48874934
July49024920
August48704908
September49304950
October49554968
November49654980
December49765027

Share Price Target 2050

As a domestic company, Paras Defence enjoys greater procurement orders from the Indian administration, mainly following the nation and government’s emphasis on import substitution in different fields. With the government upping its stakes in defence and space further, players like Paras are getting more and more projects lined up for them. Based on the asset side of the balance sheet the company is actually okay especially after the IPO in 2021 which was good for investors to get their fair share of the revenues. In the future, the company is anticipated to expand even further, and by conducting the calculations, the predicted price for 2050 is ₹9,123.

As time passes the demand for this company’s products will increase and in 2050 we can expect the price would be between 8760 rs to 9123 rs.

Also Read – JBM Auto Share Price Target

YearMinimum PriceMaximum Price
205087609123
MonthMinimum PriceMaximum Price
January87608810
February87878800
March87988859
April88128870
May88328898
June88548906
July88788935
August88958960
September89178988
October89348999
November89549040
December89969123

Should I Buy Paras Defence Stock?

YearMinimum PriceMaximum Price
20247171592
202510602370
203029003130
204048215027
205087609123

The firm has its roots in India and currently has linkages with most of the leading IT firms of the world; this, in turn, results in improvements in technology and products. In terms of geographical location, business diversification, financial profitability, and debt levels are still low, and the return on investors has remained high for some time now. Looking for stock market investments that can give you long-term returns, then this company is worth to watch out for, but remember to input your own risk parameters.

Also Read – Vedanta Share Price Target

paras defence main

Earning Results (July 2024)

Market Cap₹  4,511 Cr.
ROE7  %
ROCE9.80 %
Dividend Yield0.00 %
Debt to Equity0.15 %
Face Value₹ 10
PE Ratio150
CEPS (TTM)11.89
EPS (TTM) 8.77
Revenue65.12
Net Profit10.32
EPS2.65
Cash EPS3.44

Is Paras Defence stock good to buy? Bull case & Bear case

Bull Case:

  • Thereby, Paras Defence has good, long term relations with vital organizations, including the Indian Armed Forces, DRDO, and ISRO, which guarantee the regular stream of deals.
  • Given that the government is increasing expenditures on defence and space projects, Paras Defence’s offers should be in high demand.
  • These relationships with the leading global tech firms also improve their technology and products making them stand out.
  • Thus, they have exports in more than 75 countries and export revenues are still on the increase. Siemens have steady and healthy revenues and profits and also it has negligible debts which point to good liquidity for the company in the future.
KPIT Share Price Target : Paras Defence Share Price Target 2024, 2025, 2030, 2040, 2050

Bear Case –

  • Most of company income comes from indian government contracts. If the government cuts spending or changes policies, it will affect their revenue.
  • The defence and space markets are very competitive.
  • in this type or tech Era, Technology updates quickly. If Paras Defence doesn’t keep up with Updated developments, it could fall behind.

Conclusion

Hopefully, www.sharetargethub.com will help you gain some basic ideas about the Paras Defence Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, Paras Defence Share Price Target may reach a very high position. 

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Disclaimer – We are not SEBI-registered advisors. A financial market is always risky to anyone. This website is only for training and educational purposes. So before investing, we are requested to discuss certified expertise. We will not be responsible for anyone’s profit or loss.

Animesh Maity

Indian Stock Market Share Price target news.

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