Paras Defence and Space Technologies Ltd

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Start SIP in Paras Defence and Space Technologies Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
New 52W High today
114.5
TTM PE Ratio
High in industry
168.9
Price to Book Ratio
Above industry Median
12.2
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is negative
-15.2
RSI
RSI strongly Overbought
85.6
MFI
MFI strongly Overbought
91.6

Paras Defence and Space Technologies Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Paras Defence and Space Technologies Ltd shareholding Pattern

Promoter
58.9%
Foreign Institutions
0.1%
Mutual Funds
2.8%
Domestic Institutions
2.8%
Public
38.2%
Promoter
58.9%
Foreign Institutions
0.5%
Mutual Funds
2.7%
Domestic Institutions
2.7%
Public
37.8%
Promoter
58.9%
Foreign Institutions
0.6%
Mutual Funds
2.7%
Domestic Institutions
2.7%
Public
37.8%
Promoter
58.9%
Foreign Institutions
0.1%
Mutual Funds
2.2%
Domestic Institutions
2.2%
Public
38.7%
Promoter
58.9%
Foreign Institutions
0.5%
Mutual Funds
2.1%
Domestic Institutions
2.6%
Public
38%
Promoter
58.9%
Foreign Institutions
0.8%
Mutual Funds
1.9%
Domestic Institutions
2.6%
Public
37.6%

Paras Defence and Space Technologies Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
1,125.90
10Day EMA
1,023.80
12Day EMA
1,000.30
20Day EMA
937.40
26Day EMA
906.20
50Day EMA
836.00
100Day EMA
782.90
200Day EMA
740.00
5Day SMA
1,058.50
10Day SMA
962.50
20Day SMA
915.50
30Day SMA
850.00
50Day SMA
795.50
100Day SMA
756.40
150Day SMA
747.90
200Day SMA
743.80
Delivery & Volume
Resistance & Support
1,328.83
Pivot
Resistance
First Resistance
1,447.67
Second Resistance
1,507.08
Third Resistance
1,625.92
Support
First Support
1,269.42
Second support
1,150.58
Third Support
1,091.17
Relative Strength Index
85.55
Money Flow Index
91.63
MACD
94.14
MACD Signal
55.98
Average True Range
75.53
Average Directional Index
31.52
Rate of Change (21)
86.71
Rate of Change (125)
84.98
Peer comparison
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Paras Defence and Space Technologies Ltd Company background

Founded in: 2009
Managing director: Munjal Sharad Shah
The Company was incorporated as Paras Flow Form Engineering Limited on 16 June 2009, The Company received the certificate for commencement of business on 24 July 2009. Subsequently, the name of the Company was changed to Paras Flowform Engineering Limited pursuant to a resolution passed by the Shareholders in an extraordinary general meeting held on 22 September 2009 and a fresh certificate of incorporation, dated 25 September 2009 was issued by the RoC. Further, the name of the Company was changed to Paras Defence and Space Technologies Limited pursuant to a resolution passed by the Shareholders in an extraordinary general meeting held on 02 December 2015 and a fresh certificate of incorporation, dated 29 January 2016.The company is involved in design, development, manufacturing, testing commissioning of products, systems and solutions for Defence Space Applications.The Board of Directors of the Company at its meeting held on 12th January, 2018 considered and approved the scheme of amalgamation of its associate company named Concept Shapers and Electronics Private Limited and its subsidiary company named Mechvac India Limited, with Paras Defence and Space Technologies Limited. Subsequently, the shareholders of the erstwhile Mechvac India Limited were allotted 100 equity shares fully paid up of Rs10/ each of Paras Defence and Space Technologies Limited for every 784 shares of Mechvac India Limited and the shareholders of the erstwhile Concept Shapers and Electronics Private Limited were allotted 100 equity shares fully paid up of Rs 10/ each of Paras Defence and Space Technologies Limited for every 1535 equity shares of Concept Shapers and Electronics Private Limited. Pursuant to the scheme of amalgamation 572534 equity shares were allotted to the shareholders of the erstwhile Mechvac India Limited and Concept Shapers and Electronics Private Limited on 20 August 2018. The shares pursuant to the scheme of amalgamation were allotted vide allotment dated 20 August 2018 and the cross holdings stand cancelled.During the FY2019, the company has allotted 100000 equity shares of Rs 10/ were allotted on conversion of 10,00,000 Unsecured 0% Compulsorily Convertible Debentures of Rs 100/ each on 03rd November 2018.As on 31st March, 2019, the Company had 5 subsidiaries out of which 4 are Indian subsidiaries and 1 overseas subsidiary.During the FY2020,the company has allotted 2,27,30,136 equity shares of Rs 10 each by way of issuance of bonus shares in the ratio of 4:1.Also on 13 August 2020,the company has allotted 2999000 0.01% Optionally Convertible Preference Shares of Rs 100 each issued to MDAVF through its investment Manager IDBI Capital Markets Securities Limited.As on 31st March 2020, the Company had 4 subsidiaries out of which 3 are Indian subsidiaries and 1 overseas subsidiary.The outbreak of COVID19 virus continues to spread across the globe including India and to control, the Government authorities had been forced to commence nationwide lockdown. The operations of the Group remained completely shut down in the month of April 2020 and thereafter operations have been started slowly as per the instruction of the State Government / Local authorities.During the FY2021,the company has allotted 1440000 equity shares of Rs 10 each at a premium of Rs 115 per share on private placement.The company came out with an Rs 171 crore public issue,comprises a fresh issue of Rs 140.60 crore.The IPO shares have been allotted at the price of Rs 175 per share and got listed on the BSE Ltd and National Stock Exchange of India Ltd(NSE) on 01 October 2021.
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Paras Defence and Space Technologies Ltd FAQs

Paras Defence and Space Technologies Ltd shares are currently priced at 1388.25 on NSE and 1388.7 on BSE as of 6/14/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Paras Defence and Space Technologies Ltd [PARAS] share was 140.22. The Paras Defence and Space Technologies Ltd [PARAS] share hit a 1-year low of Rs. 582.3 and a 1-year high of Rs. 1388.25.

The market cap of Paras Defence and Space Technologies Ltd is Rs. 5414.18 Cr. as of 6/14/2024 12:00:00 AM.

The PE ratios of Paras Defence and Space Technologies Ltd is 158.35 as of 6/14/2024 12:00:00 AM.

The PB ratios of Paras Defence and Space Technologies Ltd is 13.37 as of 6/14/2024 12:00:00 AM

The Mutual Fund Shareholding was 2.75% at the end of 6/14/2024 12:00:00 AM.

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