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Paras Defence and Space Technologies Limited

PARAS | NSE

960.15

INR

66.35

7.42%

PARAS | NSE
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About Paras Defence and Space Technologies Limited

Sector

Industrials

Industry

Aerospace & Defense

Earnings date

31/03/2024

As of date

05/06/2026

Close

960.15

Open

908.00

High

994.00

Low

905.05

Paras Defence and Space Technologies Limited designs develops manufactures and tests defense and space engineering products and solutions in India and internationally. The company provides rugged networking and communication rugged display and computing and rugged command and control systems; mechanical products including flow formed tubes; and avionic suites as well as automated test equipment. It also offers diffractive gratings Zerodur and metal mirrors optical domes gyro blocks multifold and IR lenses reflectors and coatings deployable space antennas CFRP structures lens barrels and ultra-precision manufacturing products; and rugged wired cabinets shielded doors honey comb air vents/filters turnkey indigo simulator systems submarine winches titanium assemblies and acoustic and magnetic sensing products as well as naval electronic time fuze naval chart other software modules and transducer positioning systems and platforms. In addition the company provides high performance embedded computing systems substitution sub-systems tank imaging components and sub-assemblies turret stabilizations tri-pods and quadri-pods and red dot reflex sight products; and heavy duty antenna mechanical structures rugged cots systems data/video/image processing systems and active array cooling assemblies as well as software development and system integration services. Further it offers Electro-Magnetic Pulse (EMP) shielded rooms and control centers anechoic shielded chambers shielded doors racks and cabinets shielded air vents and windows filters and EMP hardened products as well as turnkey EMP projects. The company was formerly known as Paras Flowform Engineering Limited and changed its name to Paras Defence and Space Technologies Limited. Paras Defence and Space Technologies Limited was incorporated in 2009 and is headquartered in Navi Mumbai India.

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PARAS | NSE

Risk
60.6
Sharpe
0.31
Luna's Score
69/100
Recommendation
Buy

Luna says (PARAS | NSE)

What's Working

Positive Momentum

Strength based on increasing price with high volume

High Current Volume and Positive 1-Day Return

Low Market Beta (-0.4 to 0.8)

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

Strong Revenue Growth (> 10%)

What's not Working

High Short-term Volatility

Smallcap (300M - 2B USD)

Rich in Valuation (Price to Book > 8)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

60.6%

1 month

60.6%

3 months

56.4%

6 months

50.0%

Returns

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Fundamental Ratios

PE

100.12

Fwd. PE

-

Price to book

9.79

Debt to equity

0.15

Debt to assets

0.10

Ent. to EBITDA

76.95

Ent. to rev.

17.42

PEG

-

Other Fundamentals

EBITDA

643.81M

MarketCap

38.66B

MarketCap(USD)

407.23M

Div. yield

-

Op. margin

24.49

Erngs. growth

147.40

Rev. growth

73.00

Ret. on equity

7.01

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

207.95

Range1M

273.00

Range3M

413.50

Volumes: Market Activity

Volume Averages

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Rel. volume

5.10

Price X volume

14.34B

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Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA76.9544.23Expensive
Ent. to Revenue17.4213.83Expensive
PE Ratio100.1269.85Expensive
Price to Book9.7912.39Cheaper
Dividend Yield-0.51-
Std. Deviation (3M)56.3640.06Riskier
Debt to Equity0.150.09Expensive
Debt to Assets0.100.05Expensive
Market Cap38.66B833.29BEmerging
  • 1

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