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PARAS DEFENCE AND SPACE TECHNOPARAS DEFENCE AND SPACE TECHNOPARAS DEFENCE AND SPACE TECHNO

PARAS DEFENCE AND SPACE TECHNO

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PARAS trade ideas

Paras looking PowerfulParas Defense and Space Technologies Ltd. is engaged in designing, developing, manufacturing & testing of variety of defense & space engineering products. The company operates in four major segments i.e defense & space optics, defense electronics, Heavy Engineering and electromagnetic pulse protection solutions, the company offers 33 different range of products. Paras Defense and Space Technologies CMP is 570.05. Negative aspects of the company are high valuation (P.E. = 61.6) and FIIs are decreasing stake. Positive aspects of the company are improving annual net profits, improving cash from operations, no debt, Zero promoter pledge & MFs are increasing stake. Entry after closing above 576. Targets in the stock will be 608 and 637. Long term targets in the stock will be 670 and 700+. Stop loss in the stock should be maintained at closing below 510.
NSE:PARASLong
by Happy_Candles_Investment
parasParas Defence and Space Technologies’ subsidiary -- Paras Anti-drone Technologies has entered into Memorandum of Understanding (MoU) with Spacekawa Explorations (Kawa Space) for indigenous developments and deployment of Space intelligence, surveillance and reconnaissance (ISR) payloads which will include RF Wideband Software defined Radio (SDRs). Further by signing this MOU, Paras Anti-drone Technologies and Spacekawa Explorations intend to develop and advance technologies for Space Applications that can address the challenges of a rapidly changing world. Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions.
NSE:PARASLong
by Tradernawab