Paras Defense Share Price Target Let’s discuss what it would be like if one didn’t make huge profits as stocks still give multiple returns over the IPO price. If the stock gets support from this price level, then we can see a strong rebound in Para Defense stock price which may bring down Para Defense stock price to Rs 810 but we advise new investors to invest will not give. From now on in this title.
The technical analysis prediction for Paras stock is that it is in a short term downtrend and I would avoid buying or going long term on these stocks. Paras (543367) buys and sells technical analysis and forecast in short term with target stock prices till date. The target price of Paras shares (543367) for today and tomorrow is 693.63 down and 744.88 up.
Paras Defense Share Price Target 2022, 2023, 2025, 2030
Paras made his best performance on the stock exchange with a gain of 171% in the share price. Those involved in the IPO almost tripled their money within minutes of listing at Rs 40,375 from the IPO offer price of Rs 14,875.
Investors love Paras Defense more than any other company in the industry as it has a diverse portfolio of products. It serves in defense and space optics – for example, space cameras, infrared instruments, diffraction gratings that help improve image resolution – defense electronics, electromagnetic pulse (EMP) solutions, and heavy engineering.
It is the only Indian company with space optics and optomechanical design capabilities and a leading supplier of optics for various Indian defense and space programmes. The company also provides customized turnkey projects in the defense sector.
The company has partnered with some of the world’s leading technology companies to develop advanced defense and space technology for the Indian market. The company offers five main product categories: defense and space optics, defense electronics, heavy engineering, electromagnetic pulse protection solutions and specialized technologies.
The company’s field of activity is defense electronics, defense and optics, heavy engineering, solutions for protection against electromagnetic pulses and niche technologies. So now we are talking about Paras Defense Technologies, an Indian private sector company that designs, manufactures, designs and researches a wide range of defense and engineering goods and solutions.
Private sector companies in India that serve the four largest sectors of the Indian security industry, namely optical security and positioning, electronic security, electromagnetic pulse protection solutions and robust engineering.
The flagship company Reliance Industries Limited is the Fortune Global 500 and is the largest private sector company in India.
The company is doing an initial public offering (IPO) with a par value of Rs 10 per share. The company issued a public issue of Rs 171 crore, which includes a fresh issue of Rs 140.60. The IPO was listed at Rs 175 per share and was listed by BSE Limited and National Stock Exchange of India Limited (NSE) on October 1, 2021.
The company was listed on the stock market in September 2021 at a price of Rs 469, according to the chart of technical analysis, the candlestick company’s stock is rocketing fast since its inception. Paras Defense is listed on BSE at Rs 475 per share, compared to the IPO issue price of Rs 175. As per the packet data available, the stock, which is quoted at Rs 475 each, is up 171.4% over the Rs 175 IPO price. ,
The bond then crossed Rs 498.75, up 185% from the listing price. After hitting a 52-week high, the share price was very high, so we saw earnings per share of around Rs 490 per share. The stock remained stuck in the upper 5% circle, reaching Rs 498.75 as compared to opening price of Rs 475 on BSE.
Within the framework of the issue, an offer was made to hold 2,17,26,31,875 shares as against 71,40,793 shares. The price range for the issue was fixed at Rs 165 to Rs 175 per share. The issue size is 71.40 thousand shares, while offers have already been received for an amount of 28.96 crores.
Post listing, the share price of Paras Defense increased from Rs 475 per share to Rs 626.85 per share, which is almost 32% higher than the listing price. However, for those who acquired the shares of Paras Defense in the share distribution process, they got around 260% return on their investment, as the maximum issue price was Rs 175 per share. In 2025, we can estimate the first target price for Paras Defense stock to be around Rs 1,206 and the second target price for Paras Defense stock to be around Rs 1,334.
Over the last 3 years, Paras has continued to maintain a steady return on equity of 22.29%. The company has maintained a high ROCE of 20.60% in the last 3 years. Experts recommend that investors stay in the company, or even buy into the secondary market at current levels, as the company has a niche in the defense and aerospace sectors.
Further, pursuant to the resolution passed by the Extraordinary General Meeting of Shareholders held on 2nd December, 2015 and the new Establishment Bill on 29th January, 2016, the name of the company was changed to Paras Defense & Space Technologies Limited. Developing, producing, testing and debugging products, systems and solutions for defense and space applications.
The company was registered as “Paras Flow Form Engineering Limited” on 16 June 2009. The company received the certificate of inauguration on July 24, 2009. Since then, the name of the company has been changed to “Paras Flowform Engineering Limited”. In accordance with the resolution passed by the Extraordinary General Meeting of Shareholders held on 22 September 2009, RK issued a new Charter on 25 September 2009.
Paras Defense & Space Technologies Ltd created history on listing day as the stock more than doubled from its issue price of Rs 175 and closed 185% higher on BSE on Friday.
IPO Start Date Paras Defense 2021 21-09-2021 IPO Last Date Paras Defense 2021 23-09-2021 Appointment Date IPO Paras Defense 2021 28-09-2021 IPO Maturity Date 2021 29-09-2021 Paras Defense IPO 2021 Equity Debt Dated 30-09-2021 Paras Defense IPO 2021 Listing Date 1-10-20 2021 Paras Defense IPO 2021 Rs.
The report suggests that the Indian government’s capital expenditure on defense optics, defense electronics, electromagnetic pulse protection (EMP) solutions and heavy engineering is expected to exceed $3.2 trillion and $14.5 billion in FY21. (CAGR 16.3%) in the financial year 31.
So far 40 companies have placed IPOs to raise Rs 64,217 crore by 2021. However, market experts and analysts have advised them to wait and watch. Market watchers say that lucky traders who got share allotments made good money.
He said that those who missed the bus should assume that there was never any problem. Saurabh Joshi, an analyst at Marwari Shares and Finance, said the listing was in line with expectations and investors may post some gains and leave the rest for long-term investments.
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