Paras Defence and Space Technologies
Paras Defence And Space Technologies Performance
Day Range
- Low 701.00
- High 716.95
52 Week Range
- Low 445.55
- High 848.00
- Open Price710.70
- Previous Close707.40
- Volume160548
Start SIP in Paras Defence and Space Technologies
Start SIPParas Defence And Space Technologies Investment Rating
-
Master Rating:
-
Paras Defence And Space Technologies has an operating revenue of Rs. 235.61 Cr. on a trailing 12-month basis. An annual revenue growth of 24% is outstanding, Pre-tax margin of 21% is great, ROE of 9% is fair but needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 13% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 16% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 56 which is a POOR score indicating inconsistency in earnings, a RS Rating of 44 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 52 indicates it belongs to a fair industry group of Aerospace/Defense and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 60 | 45 | 58 | 60 | 55 | 41 | 60 |
Operating Expenses Qtr Cr | 44 | 34 | 44 | 45 | 40 | 30 | 43 |
Operating Profit Qtr Cr | 16 | 11 | 14 | 15 | 15 | 12 | 18 |
Depreciation Qtr Cr | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Interest Qtr Cr | 1 | 0 | 2 | 4 | 1 | 0 | 2 |
Tax Qtr Cr | 3 | 2 | 1 | 4 | 4 | 3 | 4 |
Net Profit Qtr Cr | 10 | 6 | 9 | 11 | 9 | 8 | 10 |
Paras Defence And Space Technologies Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 4
- Bearish Moving Average
- ___
- 12
- 20 Day
- ₹707.82
- 50 Day
- ₹709.27
- 100 Day
- ₹693.01
- 200 Day
- ₹662.44
- 20 Day
- ₹710.87
- 50 Day
- ₹712.19
- 100 Day
- ₹710.18
- 200 Day
- ₹621.71
Paras Defence And Space Technologies Resistance and Support
Resistance | |
---|---|
First Resistance | 714.10 |
Second Resistance | 723.50 |
Third Resistance | 730.05 |
RSI | 46.67 |
MFI | 60.83 |
MACD Single Line | -1.85 |
MACD | -1.62 |
Support | |
---|---|
First Resistance | 698.15 |
Second Resistance | 691.60 |
Third Resistance | 682.20 |
Paras Defence And Space Technologies Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 198,119 | 9,071,869 | 45.79 |
Week | 285,291 | 12,661,197 | 44.38 |
1 Month | 235,896 | 9,357,991 | 39.67 |
6 Month | 616,132 | 17,787,725 | 28.87 |
Paras Defence And Space Technologies Result Highlights
Paras Defence and Space Technologies Synopsis
NSE-Aerospace/Defense
Paras Defence is involved in the business activities of Manufacture of optical instruments and equipment. Company’s Total Operating Revenue is Rs. 214.28 Cr. and Equity Capital is Rs. 39.00 Cr. for the Year ended 31/03/2023. Paras Defence and Space Technologies Ltd. is a Public Limited Listed company incorporated on 16/06/2009 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L29253MH2009PLC193352 and registration number is 193352.Market Cap | 2,752 |
Sales | 223 |
Shares in Float | 1.60 |
No of funds | 11 |
Yield |
Book Value | 7.41 |
U/D Vol ratio | 1 |
LTDebt / Equity | |
Alpha | -0.01 |
Beta | 1.48 |
Paras Defence and Space Technologies
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 58.94% | 58.94% | 58.94% | 58.94% |
Mutual Funds | 2.72% | 2.21% | 2.09% | 1.89% |
Foreign Portfolio Investors | 0.56% | 0.11% | 0.53% | 0.77% |
Individual Investors | 30.04% | 29.6% | 28.98% | 28.5% |
Others | 7.74% | 9.14% | 9.46% | 9.9% |
Paras Defence and Space Technologies Management
Name | Designation |
---|---|
Mr. Sharad Virji Shah | Chairman & Non-Exe.Director |
Mr. Munjal Sharad Shah | Managing Director |
Ms. Shilpa Amit Mahajan | Whole Time Director |
Mr. Manmohan Handa | Ind. Non-Executive Director |
Dr. Hina Amol Gokhale | Ind. Non-Executive Director |
Mr. Suresh Katyal | Ind. Non-Executive Director |
Paras Defence And Space Technologies Forecast
Price Estimates
Paras Defence And Space Technologies Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-11-06 | Quarterly Results | |
2023-08-07 | Quarterly Results | |
2023-05-16 | Audited Results | |
2023-02-09 | Quarterly Results | |
2022-11-12 | Quarterly Results |
Paras Defence and Space Technologies FAQs
What is Share Price of Paras Defence and Space Technologies ?
Paras Defence and Space Technologies share price is ₹704 As on 08 December, 2023 | 23:37
What is the Market Cap of Paras Defence and Space Technologies ?
The Market Cap of Paras Defence and Space Technologies is ₹2748.3 Cr As on 08 December, 2023 | 23:37
What is the P/E ratio of Paras Defence and Space Technologies ?
The P/E ratio of Paras Defence and Space Technologies is 76.4 As on 08 December, 2023 | 23:37
What is the PB ratio of Paras Defence and Space Technologies ?
The PB ratio of Paras Defence and Space Technologies is 7.4 As on 08 December, 2023 | 23:37