Paras Defence Share Price Projections
| Year | Target 1 | Target 2 |
| 2024 | ₹680 | ₹750 |
| 2025 | ₹820 | ₹940 |
| 2026 | ₹1,030 | ₹1,150 |
| 2030 | ₹1,600 | ₹1,700 |
FAQs about Paras Defence Share Price Target
Q: What is Paras Defence, and what does the company do?
A: Paras Defence is a specialized company focused on providing defense-related security products and engineering solutions. Its expertise spans four key areas: Defence and Space Optics, Electromagnetic Pulse (EMP) Protection, Defence Electronics, and Heavy Engineering. A notable player in manufacturing infrared optics, Paras Defence operates with minimal competition in this field. With over 40 years of experience, the company serves both the defense and space sectors, making it a critical player in India’s defense infrastructure.
Q: What are the share price targets for Paras Defence in 2024, 2025, 2026, and 2030?
A: The anticipated share price targets for Paras Defence are as follows:
- 2024: Between ₹680 and ₹750
- 2025: Between ₹820 and ₹940
- 2026: Between ₹1,030 and ₹1,150
- 2030: Between ₹1,600 and ₹1,700
These targets reflect a strong growth outlook, with steady price increases expected over the next several years.
Q: What risks are associated with investing in Paras Defence shares?
A: While Paras Defence has a robust business model, it’s important to note that it operates as a small-cap stock, which can be subject to volatility. The company relies heavily on government contracts, meaning any changes in government policies or spending priorities could directly impact its business. Despite this, the company is currently performing well, with significant government backing, especially as India pushes for domestic manufacturing in the defense sector.
Q: Should I consider investing in Paras Defence shares?
A: Like any investment, buying Paras Defence shares involves risk, and your decision should align with your personal financial situation and risk tolerance. That said, the company has a promising future, especially with the Indian government’s focus on promoting domestic defense production. If Paras Defence continues to grow and make strategic business decisions, it has the potential to become a multibagger stock in the coming years.
Disclaimer: This content is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
