Paras Defence stock climbed 5% to Rs 1314.40 against the previous close of Rs 1251.85 on BSE. Market cap of the firm rose to Rs 5085.80.

Paras Defence shares rise 5% on stellar Q1 earnings, check details

Paras Defence and Space Technologies rallied 3.45% to Rs 1,295 after the company reported a consolidated net profit of Rs 14.85 crore in Q1 FY25, steeply higher than Rs 6.01 crore posted in Q1 FY24.

Paras Defence spurts as Q1 PAT zooms to Rs 15 cr

Paras Defence and Space Technologies consolidated net profit rises 147.09% in the June 2024 quarter

Paras Defence Gets Industrial License, Optic Manufacturing & 20-30% Growth Roadmap! | Amit Mahajan

Defense stocks, both public and private, experienced sharp declines following the budget announcement, with PSU heavyweights like Hindustan Aeronautics Limited, Bharat Dynamics, and Mazagon Dock Shipbuilders plunging 10% intraday. Private sector counterparts Paras Defence and Space Technology, and Krishna Defence and Allied Industries also saw 5% drops.

Defence stocks HAL, Bharat Dynamics, others recover from 10% fall post budget jitters

Defence stocks: Nirmal Bang cut its target price on Astra Microwave Products to Rs 894 from Rs 968 earlier. It reduced its target for Bharat Dynamics to Rs 1,508 from Rs 1,563. The price target for BEL has been slashed to Rs 256 from Rs 328.

‘Exorbitant multiples’: Mazagon Dock, BEL, HAL, Paras Defence stocks get ‘sell’, price target cuts from Nirmal Bang. Here’s why

ITD Cementation India Ltd, Elecon Engineering Company Ltd, Paras Defence and Space Technologies Ltd and Jammu and Kashmir Bank Ltd are among the other losers in the BSE’s ‘A’ group today, 08 July 2024.

Patel Engineering Ltd leads losers in ‘A’ group

Defence Stocks Surge 20% On Account Of Export Target, Then Course Correct Later

Indian defence sector stocks surged sharply last week, gaining up to 28%, as the government's strong focus on the sector remains unwavering. 
Paras defence, Mazgaon dockyard, HAL, garden reach shipbuilders, astra microwave, BEML, Cochin shipyard, bharat dynamics were all up early this week.
The defence minister's  emphasis on scaling up defence capabilities aligns with India's broader strategic goals and underscores the government's commitment to self-reliance in defence. 

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Defence Stocks India | Defence Stocks List | Defense Stock Tumble 

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Defence Stocks Surge 20% On Account Of Export Target, Then Course Correct Later

Paras Defence: The stock of aerospace & defense company hit a new high of Rs 1,388.70 has locked in 20 per cent upper circuit of the second straight day.

This smallcap defense stock has rallied 55% in 3 days; zoomed 87% in 9 days

Paras Defence & Space Technologies Ltd. and Mazagon Dock Shipbuilders Ltd. led the gains among defense stocks after they surged 18.96% and 8.72%, respectively, so far today to hit a record high.

Garden Reach, Mazagon Dock Lead Defence Stocks Rally That Added Rs 29,000 Crore To Investors’ Wealth

JK Paper Ltd, Chemplast Sanmar Ltd, BEML Ltd and Subex Ltd are among the other gainers in the BSE’s ‘A’ group today, 14 June 2024.