If you are looking for “Paras Defence and Space Technologies Ltd share price targets” for upcoming years you are in the right place. Before we dive into Paras Defence and Space Technologies Ltd stock price targets, Let’s understand the Paras Defence and Space Technologies Ltd company background, technical fundamentals etc.
About Paras Defence and Space Technologies Ltd Limited
Paras Defence and Space Technologies Ltd is a leading Indian defence and aerospace company. It was founded in 1991 by Mr. Rajesh K. Bhasin. The company provides advanced defence systems and services to the Indian Armed Forces. It also manufactures a wide range of aerospace products including aircraft, helicopters, satellites, and missiles. Some of the company’s key products include:
- Akash air defence missile system
- Astra air-to-air missile
- Prithvi surface-to-surface missile
- Nag anti-tank guided missile
Paras Defence and Space Technologies Ltd has been a reliable partner to the Indian Armed Forces for over two decades. The company has always been at the forefront of providing cutting-edge defence technology to India. It has played a major role in defending our nation against external threats.
Fundamentals of Paras Defence and Space Technologies Ltd
Let’s look at the fundamentals of Paras Defence and Space Technologies Ltd, based on which we can get a clear understanding of the expertise in the technology sector.
- Current Market Cap: The current market cap of Paras Defence and Space Technologies Ltd as of September 14 2022, is ₹3,004.17 Cr.
- P/E Ratio: The current price to earning ratio of Paras Defence and Space Technologies Ltd is 89.78.
- Sales Growth: Sales growth over the period of time for Paras Defence and Space Technologies Ltd is -9.40%.
- Profit Growth: Profit growth is around -24.47 % over the period of time
Paras Defence and Space Technologies Ltd Price Target Details
We have done a complete analysis of Paras Defence and Space Technologies Ltd and have come up with its share price targets for upcoming years.
Note: These price targets of “Paras Defence and Space Technologies Ltd” is only for reference purpose only, this prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.
| Year | Paras Defence and Space Technologies Ltd Share Price Targets (₹) |
|---|---|
| 2022 | 790 |
| 2023 | 900 |
| 2024 | 1400 |
| 2025 | 1900 |
| 2026 | 2500 |
| 2027 | 2800 |
| 2028 | 3400 |
| 2029 | 4500 |
| 2030 | 5300 |
Paras Defence and Space Technologies Ltd share price target 2022
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Paras Defence and Space Technologies Ltd we found,
The target share price of Paras Defence and Space Technologies Ltd for the year 2022 will be ₹790
Paras Defence and Space Technologies Ltd share price target 2023
The target share price of Paras Defence and Space Technologies Ltd for the year 2023 will be ₹900
Paras Defence and Space Technologies Ltd share price target 2024
The target share price of Paras Defence and Space Technologies Ltd for the year 2024 will be ₹1400
Paras Defence and Space Technologies Ltd share price target 2025
The target share price of Paras Defence and Space Technologies Ltd for the year 2025 will be ₹1900
Paras Defence and Space Technologies Ltd share price target 2026
The target price of Paras Defence and Space Technologies Ltd for the year 2027 will be ₹2500
Paras Defence and Space Technologies Ltd share price target 2027 to 2030
The target share price of Paras Defence and Space Technologies Ltd for the years 2027, 2028, 2029, and 2030 will be ₹2800, ₹3400, ₹4500, and ₹5300 respectively.
