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PARAS Share Price Target 2024, 2025, 2026 to 2039 With Charts
Paras Defence and Space Technologies Limited | |||
 | Symbol: PARAS | ||
| Price: ₹1,205.94 | |||
| Exchange: NSE | |||
| Industrials -> Aerospace & Defense | |||
Show Table of Contents
Table of Contents
- 1: PARAS Brief Company Overview
- 1.1: Company Overview: Paras Defence and Space Technologies Limited
- 1.2: PARAS Financial Performance
- 1.2.1: Is PARAS A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: PARAS Share Price Target For 2024
- 2.1.1: PARAS Share Price Target Table For 2024
- 2.1.2: Summary: PARAS Share Price Prediction For 2024
- 2.2: PARAS Share Price Target For 2025
- 2.2.1: PARAS Share Price Target Table For 2025
- 2.2.2: Summary: PARAS Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: PARAS Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: PARAS Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: PARAS Past Performance
PARAS Brief Company Overview
Company Overview: Paras Defence and Space Technologies Limited
Paras Defence and Space Technologies Limited (PDSTL) is a multifaceted Indian company specializing in defense and space engineering solutions. Established in 2009, it has gained recognition for its expertise in manufacturing rugged networking, computing, command and control systems, and mechanical products.
PDSTL's diverse product portfolio includes diffractive gratings, optical domes, automated test equipment, and high-performance embedded computing systems. The company also provides tailored services such as software development, system integration, and turnkey EMP project solutions, catering to the specific needs of customers.
With a strong commitment to innovation, PDSTL remains dedicated to developing cutting-edge products and solutions, bolstering its position as a trusted partner in the defense and space industry.
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PARAS Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 2,733.32 Crore | Market valuation of PARAS's shares. |
| Revenue (TTM) | 239.23 Crore | Total revenue generated by PARAS over the past twelve months. |
| Net Income (TTM) | +32.83 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 14.17% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 13.72% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +5.4% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -31.8% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 9.24 | Company's total debt divided by total shareholder equity. |
| Total Debt | 39.59 Crore | Sum of PARAS's current & long-term financial obligations. |
| Total Cash | 15.84 Crore | Total amount of liquid funds available to PARAS. |
| Beta | 0.24 | Beta is less than 1 indicating that the PARAS's price is less volatile than the market. |
Is PARAS A Good Buy For Long Term?
The stock market performance of PARAS in the past year suggests that it is a good buy for long-term investment. The company has consistently generated revenue and profit, with a profit margin of 13.72%. Although its revenue growth slowed in the previous quarter, the overall trend is positive. Its long-term returns are also impressive, indicating its potential for future growth. While the company has some debt, its cash balance is strong.
To predict the PARAS's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
PARAS Share Price Target For 2024
The line chart displays the monthly closing prices of PARAS with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for PARAS shares in 2024, see the table below.
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PARAS Share Price Target Table For 2024
| PARAS's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 1260.00 (+4.48%) | Price Action: 01 Aug 2024 Low |
| 2024 Target 2 | 1245.00 (+3.23%) | Price Action: 04 Sep 2024 Low |
| 2024 Target 1 | 1232.00 (+2.16%) | Price Action: 20 Aug 2024 Low |
| Current Price | 1205.94 | PARAS's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 1200.00 (-0.5%) | Price Action: Sep 2024 Low |
| Stop Loss 2 | 1183.00 (-1.91%) | Price Action: 07 Aug 2024 Low |
| Stop Loss 3 | 1165.00 (-3.4%) | Price Action: 13 Aug 2024 Low |
Summary: PARAS Share Price Prediction For 2024
In summary, PARAS has surged by ₹487.04, achieving a notable +67.75% increase from 1st January 2024 to 06 Sep 2024. Our analysis of PARAS for 2024 predicts an additional rise of 2.16% to 4.48% by the end of 2024 with three potential targets T1: 1232.00, T2: 1245.00, T3: 1260.00. Stop Loss at SL1: 1200.00, SL2: 1183.00, SL3: 1165.00.
PARAS has a 52-week high of ₹1592.69, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹610.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for PARAS.
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PARAS Share Price Target For 2025
The line chart displays the monthly closing prices of PARAS with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for PARAS shares in 2025, see the table below.
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PARAS Share Price Target Table For 2025
| PARAS's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 1826.06 (+51.42%) | Price Action: Chart |
| 2025 Target 2 | 1792.01 (+48.59%) | Price Action: Chart |
| 2025 Target 1 | 1774.27 (+47.12%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 1205.94 | PARAS's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 1078.75 (-10.55%) | Technical Indicator: MA100 |
| Stop Loss 2 | 1067.96 (-11.45%) | Price Action: Chart |
| Stop Loss 3 | 1048.74 (-13.04%) | Price Action: Chart |
Summary: PARAS Share Price Prediction For 2025
In summary, PARAS has surged by ₹487.04, achieving a notable +67.75% increase from 1st January 2024 to 06 Sep 2024. Our analysis of PARAS for 2025 predicts an additional rise of 47.12% to 51.42% by the end of 2025 with three potential targets T1: 1774.27, T2: 1792.01, T3: 1826.06. Stop Loss at SL1: 1078.75, SL2: 1067.96, SL3: 1048.74.
PARAS has a All-Time high of ₹1592.69, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹610.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for PARAS, we have created a specific page for that check here: PARAS Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
PARAS Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of PARAS share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 17.89% over the next 15 years.
For complete year by year PARAS long term share price target from 2024, 2025 to 2039 check the below table.
PARAS Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | PARAS Target | YoY Change % |
|---|---|---|
| 2024 | ₹1,205.94 | [Current Price] |
| 2024 | ₹1,589.68 | 31.82% |
| 2025 | ₹2,582.62 | 62.46% |
| 2026 | ₹3,700.23 | 43.27% |
| 2027 | ₹4,313.29 | 16.56% |
| 2028 | ₹5,444.54 | 26.22% |
| 2029 | ₹6,373.73 | 17.06% |
| 2030 | ₹7,434.53 | 16.64% |
| 2031 | ₹8,753.19 | 17.73% |
| 2032 | ₹8,939.85 | 2.13% |
| 2033 | ₹10,252.99 | 14.68% |
| 2034 | ₹11,157.77 | 8.82% |
| 2035 | ₹12,286.44 | 10.11% |
| 2036 | ₹13,806.16 | 12.36% |
| 2037 | ₹13,566.41 | -1.74% |
| 2038 | ₹15,061.43 | 11.02% |
| 2039 | ₹15,925.38 | 5.73% |
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PARAS Past Performance
- In 2021, PARAS opening price was ₹880.95
- As of Fri 06 Sep 2024 the price stands at ₹1,205.94.
- This represents a Compound Annual Growth Rate (CAGR) of 8.17%.
- In 3 years, an investment of 10,000 would have become ₹13,689.08.
As we wrap up, we hope you like our study on PARAS share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
