Paras Defence and Space Technologies Limited is an Indian company that manufactures defense and aerospace products. The company was founded in 1996 and is headquartered in Faridabad, Haryana. Paras Defence is a supplier to the Indian Armed Forces and has also exported its products to other countries.
The share price of Paras Defence has been on an upward trend in recent years. The company’s stock price has more than doubled in the past five years. This is due to a number of factors, including the government’s focus on self-reliance in the defense sector, the growing demand for defense products in India and abroad, and the company’s strong financial performance.
Paras Defence Share Price Target for 2023
The share price target for Paras Defence for 2023 is between ₹550 and ₹600. This is based on the company’s strong fundamentals and the positive outlook for the defense sector. The company is expected to benefit from the government’s focus on self-reliance in the defense sector, as well as the growing demand for defense products in India and abroad.
| Month | Share Price Target |
|---|---|
| January | ₹550 |
| February | ₹580 |
| March | ₹610 |
| April | ₹640 |
| May | ₹670 |
| June | ₹700 |
| July | ₹730 |
| August | ₹760 |
| September | ₹790 |
| October | ₹820 |
| November | ₹850 |
| December | ₹880 |
Paras Defence Share Price Target for 2024
The share price target for Paras Defence for 2024 is between ₹680 and ₹750. This is based on the company’s expected strong financial performance in the next two years. The company is expected to continue to grow its revenue and profit margins, driven by the increasing demand for its defense products.
| Month | Share Price Target |
|---|---|
| January | ₹680 |
| February | ₹710 |
| March | ₹740 |
| April | ₹770 |
| May | ₹800 |
| June | ₹830 |
| July | ₹860 |
| August | ₹890 |
| September | ₹920 |
| October | ₹950 |
| November | ₹980 |
| December | ₹1010 |
Paras Defence Share Price Target for 2025
The share price target for Paras Defence for 2025 is between ₹820 and ₹950. This is based on the company’s expected strong growth in the next three years. The company is expected to continue to benefit from the government’s focus on self-reliance in the defense sector, as well as the growing demand for defense products in India and abroad.
| Month | Share Price Target |
|---|---|
| January | ₹680 |
| February | ₹710 |
| March | ₹740 |
| April | ₹770 |
| May | ₹800 |
| June | ₹830 |
| July | ₹860 |
| August | ₹890 |
| September | ₹920 |
| October | ₹950 |
| November | ₹980 |
| December | ₹1010 |
Paras Defence Share Price Target for 2026
The share price target for Paras Defence for 2026 is between ₹1030 and ₹1150. This is based on the company’s expected strong growth in the next four years. The company is expected to continue to grow its revenue and profit margins, driven by the increasing demand for its defense products.
| Month | Share Price Target |
|---|---|
| January | ₹1030 |
| February | ₹1060 |
| March | ₹1090 |
| April | ₹1120 |
| May | ₹1150 |
| June | ₹1180 |
| July | ₹1210 |
| August | ₹1240 |
| September | ₹1270 |
| October | ₹1300 |
| November | ₹1330 |
| December | ₹1360 |
Paras Defence Share Price Target for 2028
| Month | Share Price Target |
|---|---|
| January | ₹1500 |
| February | ₹1530 |
| March | ₹1560 |
| April | ₹1590 |
| May | ₹1620 |
| June | ₹1650 |
| July | ₹1680 |
| August | ₹1710 |
| September | ₹1740 |
| October | ₹1770 |
| November | ₹1800 |
| December | ₹1830 |
Paras Defence Share Price Target for 2030
The share price target for Paras Defence for 2030 is between ₹1500 and ₹2000. This is based on the company’s expected strong growth in the next seven years. The company is expected to continue to benefit from the government’s focus on self-reliance in the defense sector, as well as the growing demand for defense products in India and abroad.
It is important to note that these are just share price targets and the actual share price may vary. However, the factors mentioned above are likely to have a positive impact on the share price of Paras Defence in the coming years.
Is Paras Defence a good investment for the long term?
Yes, Paras Defence is a good investment for the long term. The company has a strong track record of growth and is well-positioned to benefit from the growing demand for defense products in India and abroad. The c