Are you interested to know about Paras Defence And Space Technologies Ltd’s detailed analysis as well as the upcoming targets for the years 2022, 2023, 2024, 2025, and 2030? so we are here to teach you a full prediction of this share such as financial stats, future growth, sales growth, profit growth, and expert view, which is mentioned below.
So, now we are going to discuss Paras Defence Technologies an Indian private sector company that is engaged in developing, producing, designing, and finding a wide area of defence and place engineering accessories and solutions.
The company’s business area is Defence Electronic, Defence and Optics, Heavy Engineering, Electromagnetic pulse protection solutions, and niche technology. Paras Defence Technologies is one of the developing indigenously designed developed and manufactured.
The private sector companies in India cater to the four biggest sections of the Indian protection sector i.e protection and place optics, defence electronically, electro-magnetic pulse defence solution and strong engineering. It is also the sole Indian supplier of critical imaging products like large-size optics and space applications in India.
In the year 2017, the Paras Defence achieved a certificate of appreciation through the Bharat Electronic, Naval System SBU for meeting the merits norm and timely supplies. In this company of the Market Cap is Rs.2,524.86 Crore and Enterprises Value is 2,620.27 Crore. If I talk about the number of shares so the number of shares is 3.90 Crore and P/E is 75.46.
In this company the super investor is Mr Mukul Agrawal, Mukul Agrawal is an expert on the Indian stock market. He admitted in the year of 1990s. His investment consistency includes an attractive Holding value is 56.83 Crore and Mr Sunil Singhaniya, Promotor Holding Value is 58.94 Crore. Sunil Singhania is a CFA who established Abakkus AMC in 2018. His investment in biggest along with small firms and investment in companies with enormous potential.
Friends according to the FinStar if we are finding the rating of Paras Defence is very effective. it’s all the data I have taken from the site Ticker Finology. In.
- Ownership: The company has got a 2.4 rating in Ownership due to the Paras Defence stock price may face volatility cause of the ownership structure.
- Valuation: The company stock has achieved a 5-star rating in valuation cause the share is considerably attractive based on intrinsic value.
- Efficiency: The Paras Defence has to collect a 4-star rating in Efficiency due to the company knows very well implement its capital.
- Financial: the company has got 1.02-stars in financial due to watching out the company may be not able to sustain any untimely condition.
Strength Of Paras Defence
So, friends now we are going to tell you some strengths of the shares of Paras Defence. which helps you to know more about the Company Shares and the data which we get from Ticker.Finology.In I find any missing data regarding one of the Multinational Company that is Paras Defence so will not going to be responsible for it.
- The Paras Company has been continuing a healthy ROE of 10.20% in the past 3 years.
- The company has been maintaining a strong ROCE of 13.92%in the past 3 years.
Limitations Of Paras Defence
So, friends now we are going to tell you some Weaknesses of the shares of Paras Defence. which helps you to know more about the Company Shares and the data which we get from Ticker.Finology.In I find any missing data regarding one of the protection companies that is Paras Defence so will not going to be responsible for it.
- The Paras Defence has given the worst profit growth of -24.47% for the past 3 years.
- The company has given a bad sales growth of -9.40% for the past 3 years.
- Paras Defence has a debt of 103.01 crores.
- The company has a current ratio of 1.91.
In this part, we are going to have the future predicted targets of Paras Defence whereas I think according to the company financial stats this share may be achieved which is following in the table.
|Year||Target Of Paras Defence|
Friends in this section Paras Defence Share Price Target/Prediction/Forecast 2022, 2023, 2024, 2025, And 2030. we are going to predict Paras Defence’s share price target for the year 2022. So the price-to-earnings ratio, which designates for every money of obtaining how much an investor wants to pay for a share. A common rule of thumb is that shares trending at a low P/E are undervalued. Paras Defence has a PE ratio of 122.74 which is top and comparatively overvalued. According to this Paras Defence’s first share price target for the year 2022 can be achieved at Rs.727 and such as the second price is Rs.831.
The company was listed in September 2021in the share market with a price of Rs.469 according to the technical analysis chart share of the company candle is bullish such as a Rocket from the starting period. Paras Defence Space Technologies is coming out with an originally public offering to raise almost Rs.170.77 crore. The issue opened on 21,2021 and it was close on September 23, 2021. The company has fixed a price band of Rs.165-175 a share. Due to Paras defence, the first share price target for the year 2023 shall be Rs.991 and the second share price target is Rs.1,046.
The current ratio estimates a company’s capacity to pay its short-term liabilities with its short-term assets. A higher current ratio is passionate so that the Paras Defence could be run to unexpected bumps in business and economy. So the Paras Defence and place has a present ratio of 1.65. It is a well metric to check out the assets structure as well as its performance and the share is performing on the chart too good so that’s why the Paras Defence share price target for the year 2022 is likely to be around Rs.1,107 and as a similar, the second price target may be Rs.1,225.
As we go through the technical analysis chart of Paras Defence they show a very huge volume found in the past 2 months. Presently they tend to break out the resistance level and we can predict its short-term trend is negative and in the uptrend. Paras Defence and space informed revenue growth of -5.07% which is so bad in relation to its growth and performance.
Its long-term trend is also positive and its uptrend. So here we have tried to predict two stock price targets for the shares of Paras Defence. In the Year 2025 first target which we can predict for the shares of Paras Defence is about Rs.1,334 and the second stock price target for the stocks of Paras Defence is around Rs.1,573.
As the technical analysis chart shows the stocks of this Company break out of the existing curve and now taking support on Fibonacci Retracement. The Stocks of this Company follow Technical Analysis. As we observe its impulsive wave is almost two times the retracement. In this section, we try to predict two possible stock price targets for Paras Defence. The net proceeds from the craps issue of shares will be implemented for the purchase of machinery and product.
The first predicted target for the same Company which they can find in the first half of the upcoming year 2030 is around Rs.4,249 and Second Predicted Target for the same Company is around Rs.4,663.
In this article, We know a detailed analysis of Paras Defence Share Price Target/Prediction/Forecast 2022, 2023, 2024, 2025, And 2030. I have tried to cover every aspect in our article that is really essential to know before investing in any specific company shares that including company strength, limitations, expert view, and the stock price target for the company shares. If you have any questions regarding this article you can ask me in the comment section.
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