Paras Defence share price target Let’s discuss what it would be like if someone didn’t make big profits because stocks still offer multiple returns on the IPO price. If the stock gains support from this price level, we may see a strong rebound in paras Defense stock price, which could bring the price of paras Defense stock down to 810rs, but we will not recommend new investors to invest. in this heading from now on.
The technical analysis prediction for Paras stock is that it is in a short-term downtrend and I will avoid buying or long on these stocks. Paras (543367) buys and sells technical analysis and forecasts with target stock prices to date in the short term. The target price for Paras shares (543367) for today and tomorrow is 693.63 down and 744.88 up.
Paras Defence share price target 2022, 2023, 2025, 2030
Paras made its best debut on the stock exchange with a 171% gain in share value. Those involved in the IPO nearly tripled their money within minutes of being listed at Rs 40,375 from an IPO offer price of Rs 14,875.
Investors love Paras Defense more than any other company in the industry because it has a diverse portfolio of products. It serves as defense and space optics – for example, space cameras, infrared devices, 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 programs. 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 technologies for the Indian market. The company offers five main product categories: defense and space optics, defense electronics, heavy engineering, electromagnetic pulse protection solutions and niche 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 accessories and solutions.
Private sector companies in India that serve the four largest sectors of the Indian security industry, namely optical protection and positioning, electronic protection, electromagnetic pulse protection solutions and strong engineering.
The flagship company Reliance Industries Limited is a Fortune Global 500 and is the largest private sector company in India.
The company is conducting an initial public offering (IPO) with a par value of Rs 10 per share. The company issued a public issue of Rs 171 crores, including a new issue of Rs 140.60. The IPO was listed at Rs 175 per share and was listed by BSE Ltd and National Stock Exchange of India Ltd (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 share of the candle company is bullish, like a rocket from the initial period. Paras Defense, listed on the BSE at Rs 475 per share, compared to an IPO issue price of Rs 175. The stock, which is quoted at Rs 475 each, is 171.4% higher than the Rs 175 IPO price, according to available packet data.
The bond then surpassed Rs 498.75, 185% above the listing price. After hitting a 52 week high, the share price was very overvalued, so we saw earnings per share of almost Rs 490 per share. The share remained stuck in the upper 5% circle, reaching Rs 498.75 compared to the opening price of Rs 475 on the BSE.
Within the framework of the issue, an offer was made to place 2,17,26,31,875 shares against 71,40,793 shares. The price range for the issue was set from Rs 165 to 175 per share. The size of the issue is 71.40 thousand shares, while offers have already been received in the amount of 28.96 kr.
Following the listing, Paras Defense’s share price rose from Rs 475 per share to Rs 626.85 per share, about 32% above the listing price. However, for those who acquired Paras Defense shares in the share distribution process, they received about 260% return on their investment, since the maximum issue price was 175 rupees per share. In 2025, the first target price we can forecast for Paras Defense stock will be around Rs 1,206 and the second target price for Paras Defense stock will be around Rs 1,334.
In the past 3 years, Paras has continued to maintain a stable return on equity of 22.29%. The company has maintained a high ROCE of 20.60% in the past 3 years. Experts recommend that investors stay in the company, or even buy in the secondary market at the current level, because the company has a place in the defense and aerospace fields.
In addition, in accordance with the resolution passed by the shareholders’ extraordinary general meeting held on December 2, 2015 and the new establishment bill on January 29, 2016, the company’s name was changed to Paras Defense and Space Technologies Limited. Development, production, testing and debugging of products, systems and solutions for defense and space applications.
The company was registered as “Paras Flow Form Engineering Limited” on June 16, 2009. The company obtained the certificate of opening on July 24, 2009. Since then, the company name has been changed to “Paras Flowform Engineering Limited”. According to the resolution passed by the extraordinary general meeting of shareholders held on September 22, 2009, RK issued a new charter on September 25, 2009.
Paras Defense & Space Technologies Ltd made history on listing day as the stock more than doubled from its issue price of Rs 175 and closed 185% higher on the BSE on Friday.
Start date of IPO Paras Defense 2021 21-09-2021 Closing date of IPO Paras Defense 2021 23-09-2021 Date of appointment IPO Paras Defense 2021 28-09-2021 Maturity date of IPO 2021 29-09-2021 Paras Defense IPO 2021 Equity loan Date 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 spending on defense optics, defense electronics, electromagnetic pulse protection (EMP) solutions and heavy engineering is expected to rise by $ 3.2 trillion in fiscal 21 and exceed $ 14.5 billion. in fiscal year 31 (CAGR 16.3%).
So far, 40 companies have held IPOs to raise Rs 64,217 crore by 2021. However, market experts and analysts advise them to wait and see. Market watchers say the lucky traders who got the share allocation made good money.
Those who missed the bus should assume there never was a problem, they said. Saurab Joshi, an analyst at Marwadi Shares and Finance, said the listing was in line with expectations and investors could register some of the profits and leave the rest for long-term investments.
- Subex Share Price Target 2022, 2023, 2024, 2025, 2030 – Multibagger Stocks!
- Affle India Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- 3I Infotech Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Nhpc Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Devyani International Share Price Target 2022 , 2023 , 2024, 2025 & 2030
- Paytm Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Ethereum Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Bitcoin Target Price 2022 , 2023 , 2024 , 2025 , 2030
- Bitcoin Price Prediction 2021, 2022, 2023, 2024 And 2025
- RCOM Share Price Target 2022, 2023, 2025, 2030
- Paypal Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Tech Mahindra Share Price Target 2022, 2023, 2024, 2025, 2030
- Tata Steel BSL Share Price Target 2022, 2023, 2024, 2025, 2026, 2030
- Happiest Minds Share Price Target 2022 , 2023 , 2024 , 2025 , 2030
- Zomato Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Yes Bank Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Vedanta Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Maruti Share Price Target 2022 , 2023, 2024 , 2025 , 2030
- Tata Power Share Price Target 2022 , 2023 , 2024 , 2025 , 2030
- Fino Payment Bank Share Price Target 2022 , 2023 , 2024 , 2025 , 2030