Stock Market Update – Paras Defence Share Price Target Tomorrow 2024 To 2030

Paras Defence and Space Technologies Ltd is an Indian company specializing in defense and space engineering solutions. It provides a wide range of products and services, including defense electronics, optics, and heavy engineering for defense and space sectors. The company is involved in critical projects that support India’s national security and space exploration initiatives. Paras Defence Share Price on NSE as of 11 October 2024 is 1,087.20 INR. Here will provide you more details on Paras Defence Share Price Target 2024, 2025, 2026 to 2030.

Paras Defence and Space Technologies Ltd: market Overview

• Open Price: 1,095.00
• High Price: 1,114.00
• Low Price: 1,075.00
• Previous Close: 1,084.10
• Volume: 34,681
• Value (Lacs): 378.65
• VWAP: 1,092.58
• UC Limit: 1,138.30
• LC Limit: 1,029.90
• P/E ratio: 103.31
• Div yield: N/A
• 52-wk high: 1,592.70
• 52-wk low: 610.00
• Mkt cap: 4.37KCr
• Face Value: 10

Paras Defence and Space Technologies Ltd Competitors

Here are five competitors of Paras Defence and Space Technologies Ltd with their approximate market capitalizations:

1. Bharat Electronics Ltd (BEL)
   Market Capital: ₹110,000 Crores
2. Hindustan Aeronautics Ltd (HAL)
   Market Capital: ₹140,000 Crores
3. Mazagon Dock Shipbuilders Ltd
   Market Capital: ₹29,000 Crores
4. Bharat Dynamics Ltd (BDL)
   Market Capital: ₹26,000 Crores

5. Data Patterns (India) Ltd
   Market Capital: ₹8,000 Crores

Paras Defence Share Price Chart

Paras Defence Share Price Target Tomorrow 2024 To 2030

Paras Defence Share Price Target 2024

Paras Defence share price target 2024 Expected target could be ₹1,630. Here are three risks and challenges that could impact Paras Defence and Space Technologies Ltd share price target in 2024:

1. Dependence on Government Contracts:
   • A significant portion of Paras Defence’s revenue comes from government contracts, particularly in defense and space projects. Any delays or reductions in government spending, or changes in defense policies, could affect the company’s order book and, consequently, its financial performance and share price.
2. Technological Competition:
   • The defense and space sectors are rapidly evolving with new technologies. Paras Defence faces the challenge of keeping pace with global innovations. Failure to continuously upgrade its technology or compete with international players could hinder its growth, impacting investor confidence and share value.

3. Supply Chain Disruptions:

   • Given its reliance on highly specialized materials and components, any disruptions in the global supply chain—such as shortages, geopolitical tensions, or increased costs—could delay project timelines, increase operational costs, and negatively affect the company’s profitability, influencing its share price.

Paras Defence Share Price Target 2025

Paras Defence share price target 2025 Expected target could be ₹2,680. Here are three risks and challenges that could affect Paras Defence and Space Technologies Ltd’s share price target in 2025:

1. Market Competition and Global Players:
   • Paras Defence operates in a highly competitive market with both domestic and international defense companies. Increased competition from global players with advanced technologies or better pricing strategies could put pressure on the company’s market share, affecting revenue growth and its share price.
2. Regulatory and Policy Changes:
   • Defense and space sectors are heavily regulated by government policies. Any unfavorable regulatory changes, delays in approvals, or restrictions on exports could impact the company’s operations and contracts. This could limit growth prospects and negatively influence its share price.

3. Technological Obsolescence:

   • In an industry where innovation is key, Paras Defence must continually invest in research and development to stay ahead. The risk of technological obsolescence or failure to innovate could diminish the company’s competitive edge and reduce investor confidence, thereby affecting its stock performance in 2025.

Paras Defence Share Price Target 2030

Paras Defence share price target 2030 Expected target could be ₹6,259.  Here are three potential risks and challenges that could impact Paras Defence and Space Technologies Ltd’s share price target in 2030:

1. Evolving Global Defense Landscape:
   • By 2030, the global defense and space industries are likely to undergo significant technological advancements. If Paras Defence fails to keep pace with innovations such as AI-driven defense systems or space exploration technologies, it risks losing its competitive edge, which could lead to decreased market share and a lower share price.
2. Geopolitical Instability:
   • As a defense contractor, Paras Defence is highly exposed to geopolitical events. Heightened geopolitical tensions or trade restrictions could disrupt supply chains, delay projects, or reduce demand for defense products. These uncertainties can impact the company’s growth, creating volatility in its share price.

3. Sustainability and Environmental Regulations:

   • With increasing global focus on sustainability, defense companies may face stricter environmental regulations. Paras Defence may need to invest in greener technologies and adapt to new standards. Failure to do so could lead to higher compliance costs or restrictions on operations, impacting profitability and stock performance by 2030.

Paras Defence and Space Technologies Ltd Shareholding Pattern

• Promoters: 58.94%
• Retail and Others: 38.01%
• Foreign Institutions: 2.97%
• Domestic Institutions: 0.07%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: https://www.parasdefence.com/

Paras Defence and Space Technologies Ltd Financials

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