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

Paras Defence and Space Technologies is one of the companies which makes products for defence and space. Its headquarters is in Mumbai. it has a very modern factory with more than 600 workers.

They focus on developing new technology and research, which makes them stand out in the Indian defence industry.

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

Paras Defence & Space Technologies makes a variety of products for defence and space. It developed electronic gadgets, protection against electromagnetic pulses (EMP), and heavy engineering. They develop hardware for advanced rockets, missiles, land vehicles, electronic warfare, and electromagnetic shielding. They also work on drones, radio and anti-drone systems, aircraft imaging systems, microwave technologies and quantum communication.

Paras Defence Share Price Target 2024

This is one of the known and huge brands in its field. It manages its defence and space industry. They do everything from designing to testing their products on their own. They have a wide range of products, which is making them stronger in the market. They had modern technology with more than 600 workers. They aim to make high-quality products in a given time at a valuable price. In 2024, the price target would be 1592 rs.

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

Year	Minimum Price	Maximum Price
2024	717	1592

Month	Minimum Price	Maximum Price
January	717	818
February	701	838
March	610	738
April	619	774
May	681	973
June	750	1527
July	1247	1592
August	1010	1420
September	920	1250
October	965	1389
November	900	1390
December	979	1400

Paras Defence Share Price Target 2025

They specialize in Defense and Space and have a lot of experience in these fields. They handle everything from design to production in India. They can manage small to large projects and have the resources and funds to take on big ones. This company is known for its high-quality products, it works for both private as well as government. It gets orders form the country as well as outside the country. So we can expect 2370 rs as a price target in 2025.

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

Year	Minimum Price	Maximum Price
2025	1060	2370

Month	Minimum Price	Maximum Price
January	1060	2115
February	1074	2137
March	1090	2153
April	1140	2198
May	1167	2215
June	1176	2235
July	1189	2253
August	1212	2279
September	1278	2300
October	1289	2354
November	1349	2353
December	1360	2370

Paras Defence Share Price Target 2030

The company had high-tech manufacturing equipment like CNC Machining, Nano-Machining, and Optical Coatings. With over 400 employees and experience in making parts. Now it expanding its business in India and around the world. The company now sells its products in over 75 countries and gets about 13% of its income from exports. They are working hard to grow in more countries and are always coming up with new plans to make this happen. In 2030 3130 rs would be the Price target.

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

Year	Minimum Price	Maximum Price
2030	2900	3130

Month	Minimum Price	Maximum Price
January	2900	2953
February	2933	2971
March	2960	2988
April	2978	3000
May	2990	3060
June	2950	3031
July	2967	3043
August	2980	3070
September	3002	3089
October	3032	3097
November	3055	3116
December	3094	3130

Share Price Target 2040

Paras Defence focuses on making high-quality products and staying up-to-date with technology. They spend a lot of money each year on research and development (R&D) to create new and better products. The Indian government invest a lot in the defence sector and this company will also benefit from this. They likely get more contracts and make more money. Their expertise in technology and space puts them in a good position to succeed in this expanding market in future. 5027 rs would be the price target in 2040.

The price is expected to be between 4821 rs to 5027 rs in 2040.

Year	Minimum Price	Maximum Price
2040	4821	5027

Month	Minimum Price	Maximum Price
January	4821	4888
February	4847	4900
March	4865	4920
April	4880	4912
May	4870	4923
June	4887	4934
July	4902	4920
August	4870	4908
September	4930	4950
October	4955	4968
November	4965	4980
December	4976	5027

Share Price Target 2050

As it is an Indian company, it gets big orders from the Indian government because India what to become self-dependent in all fields. As the government keeps investing more in defence and space each year, private companies are getting more new projects. Talking about its financial condition then the company launched its IPO in 2021 and till now the company has given very good returns to the investor of the stock market. For the future, the company is expected to grow more and we to our analysis the price target would be 9123 rs in 2050.

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.

Year	Minimum Price	Maximum Price
2050	8760	9123

Month	Minimum Price	Maximum Price
January	8760	8810
February	8787	8800
March	8798	8859
April	8812	8870
May	8832	8898
June	8854	8906
July	8878	8935
August	8895	8960
September	8917	8988
October	8934	8999
November	8954	9040
December	8996	9123

Should I Buy Paras Defence Stock?

Year	Minimum Price	Maximum Price
2024	717	1592
2025	1060	2370
2030	2900	3130
2040	4821	5027
2050	8760	9123

The company is well known in the country and also partners with top global tech firms, which improves its technology and product range. The financial condition of this company is very stable there is very little debt and it gives very high returns to its investors. So you can add it to your watchlist for the long-term investment at your own risk.

Earning Results (July 2024)

Market Cap	₹  4,511 Cr.
ROE	7  %
ROCE	9.80 %
Dividend Yield	0.00 %
Debt to Equity	0.15 %
Face Value	₹ 10
PE Ratio	150
CEPS (TTM)	11.89
EPS (TTM)	8.77
Revenue	65.12
Net Profit	10.32
EPS	2.65
Cash EPS	3.44

Is Paras Defence stock good to buy? (bull case & bear case)

Bull Case:

• It has good connections with important organizations like the Indian Armed Forces, DRDO, and ISRO, ensuring steady business.
• With the Indian government investing more in defence and space, there’s likely to be more demand for Paras Defence’s products.
• Working with top global tech companies boosts their technology and products, giving them an edge over competitors.
• The company is growing its presence in over 75 countries, which helps increase its revenue from exports.
• Consistent revenue and profits show that the company is financially healthy and ready for future growth.
• The company has very little debt.

Bear Case

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

Conclusion

In the past, the company has performed very well in the market and has given high returns to investors. It made a very strong global presence. The company is financially stable. They have a very well-qualified team to manage the company. So for the long term, investment in would be your stock to buy.

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