Paras Defence and Space Technologies Ltd is a prominent player in India’s defense and space industries.
Headquartered in Mumbai, the company stands out for its state-of-the-art manufacturing facilities and focus on innovation.
With over 600 highly skilled workers and cutting-edge research and development, Paras Defence is carving a niche for itself in India’s fast-growing defense sector.
In this article, we’ll dive deep into the share price forecasts for Paras Defence in the coming years, including 2024, 2025, 2030, 2040, and 2050.
We’ll also explore the factors that could influence the company’s stock price, including its operations, market position, and growth prospects.
Manba Finance Share Price Target 2024, 2025, 2030, 2040, 2050
What Is Paras Defence and Space Technologies Ltd (NSE: PARAS)?
Paras Defence & Space Technologies Ltd designs and manufactures a wide array of products catering to defense and space needs.
The company specializes in high-end technologies, such as electronic warfare systems, advanced missile hardware, electromagnetic pulse (EMP) protection systems, and heavy engineering.
Paras Defence is also involved in developing anti-drone systems, aircraft imaging technology, quantum communication systems, and microwave technologies.
Their products are used in advanced defense equipment like rockets, land vehicles, and electronic warfare systems, making them a critical player in India’s defense industry.
Paras Defence Share Price Target for 2024
Paras Defence is positioned as a major player in the defense and space industries, and its diverse portfolio is a strong advantage.
With its in-house R&D and modern production capabilities, the company is well-equipped to handle both government and private sector projects.
As for 2024, the company is expected to continue its growth trajectory. Based on current market trends, the share price is anticipated to fluctuate between ₹717 and ₹1592 by the end of the year.
Monthly Price Targets for 2024:
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | ₹717 | ₹818 |
| February | ₹701 | ₹838 |
| March | ₹610 | ₹738 |
| April | ₹619 | ₹774 |
| May | ₹681 | ₹973 |
| June | ₹750 | ₹1527 |
| July | ₹1247 | ₹1592 |
| August | ₹1010 | ₹1420 |
| September | ₹920 | ₹1250 |
| October | ₹965 | ₹1389 |
| November | ₹900 | ₹1390 |
| December | ₹979 | ₹1400 |
Paras Defence Share Price Target for 2025
With its extensive experience and expertise in the defense and space sectors, Paras Defence is expected to secure more contracts both domestically and internationally.
The company’s growing partnerships with organizations like ISRO, DRDO, and the Indian Armed Forces give it a solid foundation for long-term growth.
In 2025, we predict that the share price of Paras Defence will range between ₹1060 and ₹2370. The expected growth is due to increased demand for its products and the expansion of its market presence.
Monthly Price Targets for 2025:
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | ₹1060 | ₹2115 |
| February | ₹1074 | ₹2137 |
| March | ₹1090 | ₹2153 |
| April | ₹1140 | ₹2198 |
| May | ₹1167 | ₹2215 |
| June | ₹1176 | ₹2235 |
| July | ₹1189 | ₹2253 |
| August | ₹1212 | ₹2279 |
| September | ₹1278 | ₹2300 |
| October | ₹1289 | ₹2354 |
| November | ₹1349 | ₹2353 |
| December | ₹1360 | ₹2370 |
Paras Defence Share Price Target for 2030
As Paras Defence continues to innovate and expand, the company’s long-term outlook remains positive.
By 2030, the company is expected to further strengthen its global presence, with a larger percentage of its revenue coming from exports.
Currently, the company already generates about 13% of its revenue from overseas markets and operates in more than 75 countries.
The forecasted share price for 2030 is between ₹2900 and ₹3130, reflecting the company’s growing influence in the global defense and space industries.
Monthly Price Targets for 2030:
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | ₹2900 | ₹2953 |
| February | ₹2933 | ₹2971 |
| March | ₹2960 | ₹2988 |
| April | ₹2978 | ₹3000 |
| May | ₹2990 | ₹3060 |
| June | ₹2950 | ₹3031 |
| July | ₹2967 | ₹3043 |
| August | ₹2980 | ₹3070 |
| September | ₹3002 | ₹3089 |
| October | ₹3032 | ₹3097 |
| November | ₹3055 | ₹3116 |
| December | ₹3094 | ₹3130 |
Paras Defence Share Price Target for 2040
Looking ahead to 2040, Paras Defence is expected to benefit from the Indian government’s continued investment in defense and space technologies.
The company’s dedication to research and development will likely keep it at the forefront of the industry.
By 2040, the company’s share price is forecasted to be between ₹4821 and ₹5027.
Paras Defence Share Price Target for 2050
As India aims to become self-reliant in defense production, Paras Defence will likely see increased demand for its products. The company is expected to receive significant government contracts, which could drive its long-term growth.
The share price target for 2050 is projected to range between ₹8760 and ₹9123, reflecting the company’s strong growth potential.
Should You Invest in Paras Defence Stock?
Paras Defence’s strong ties with key organizations such as the Indian Armed Forces, ISRO, and DRDO position it well for future growth.
The company’s ability to innovate and its expanding global presence makes it a strong contender in the defense and space sectors.
Here’s a summary of price targets:
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2024 | ₹717 | ₹1592 |
| 2025 | ₹1060 | ₹2370 |
| 2030 | ₹2900 | ₹3130 |
| 2040 | ₹4821 | ₹5027 |
| 2050 | ₹8760 | ₹9123 |
Bull Case for Paras Defence:
- Strong partnerships with major Indian organizations such as ISRO, DRDO, and the Indian Armed Forces.
- High government investment in defense and space technologies, bodes well for future contracts.
- Collaborations with global tech firms, enhancing product offerings and keeping the company competitive.
- Growing international footprint, with revenue from exports increasing annually.
- Financially stable, with minimal debt and consistent revenue growth.
Bear Case for Paras Defence:
- Heavy reliance on government contracts could be a vulnerability if there are cuts in defense spending.
- Intense competition in the defense and space sectors.
- Rapid technological changes may require continuous innovation to stay relevant.
Conclusion
Paras Defence has demonstrated strong growth over the years and has the potential to continue on an upward trajectory.
With its robust presence in both domestic and international markets, combined with a focus on high-quality products, Paras Defence remains an attractive option for long-term investors.
As with any investment, it’s essential to consider the risks, but for those looking for exposure to the defense and space industries, Paras Defence could be a valuable addition to their portfolio.
