Paras Defence Share Price Target 2024 To 2030

Paras Defence Share Price Target

FAQs

Q: What is Paras Defence and what does it do?

A: Paras Defence is a prominent player in the defense and space engineering sector, specializing in a range of products including defense security items, electromagnetic pulse (EMP) protection solutions, and heavy engineering components. With over 40 years of experience, the company excels in manufacturing infrared optics and is a leader in this field with minimal competition. Its operations span four key areas: Defence and Space Optics, EMP Protection Solutions, Defence Electronics, and Heavy Engineering. The Paras Defence Share Price Target reflects its established position and future growth potential in these sectors.

Q: What is the Paras Defence Share Price Target for 2023 to 2030?

A: The Paras Defence Share Price Target provides a forecast of its stock value over several years. For 2023, the target is estimated to be between ₹550 and ₹600. Moving forward to 2024, the expected range is between ₹680 and ₹750. By 2025, the target is projected to be between ₹820 and ₹940. For 2026, analysts anticipate a price range of ₹1,030 to ₹1,150. Looking further ahead to 2030, the Paras Defence Share Price Target could reach between ₹1,600 and ₹1,700, reflecting the company’s anticipated growth and stability.

Q: What is the risk associated with investing in Paras Defence shares?

A: Investing in Paras Defence shares comes with certain risks. Although the company has a robust business model and enjoys support from the Indian government, it is a small-cap entity and has experienced volatility in the past. The majority of its clientele consists of government organizations, which means changes in government policies could significantly impact its business. Despite these risks, the company is performing well and benefits from ongoing government support.

Q: Should I invest in Paras Defence shares?

A: Deciding to invest in Paras Defence shares requires careful consideration of your individual risk tolerance. The company’s prospects look promising, especially with the Indian government’s increasing focus on supporting domestic defense firms. If Paras Defence continues to grow and make strategic decisions, it could potentially become a high-performing penny stock in the future. Always conduct thorough research and consult a financial advisor before making any investment decisions.

Disclaimer: This information is provided for educational purposes only and does not constitute investment advice. Please perform your own research and seek advice from a financial advisor before making investment choices.