Paras Defence Share Price Target 2023, 2024, 2025, 2026, 2030

Paras Defence Share Price Target 2023, 2024, 2025, 2026, 2030

Paras Defence Share Price Target

Year Target 1 Target 2
2023 ₹550 ₹600
2024 ₹680 ₹750
2025 ₹820 ₹940
2026 ₹1030 ₹1150
2030 ₹1600 ₹1700




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


A: Paras Defence is a company that deals in defense security products, items related to defense electric, electromagnetic pulse protection, and heavy engineering. The company manufactures infrared optics in large quantities and has no competitor. It has been working in the defense and space engineering sector for more than 40 years and works in four sectors: Defence and Space Optics, Electromagnetic Pulse (EMP) Protection Solutions, Defence Electronics, and Heavy Engineering.



Q: What is the Paras Defence Share Price Target for 2023, 2024, 2025, 2026, and 2030?


A: The Paras Defence Share Price Target for 2023 is between ₹550 and ₹600. For 2024, it is between ₹680 and ₹750. For 2025, it is between ₹820 and ₹940. For 2026, it is between ₹1,030 and ₹1,150. And for 2030, it is between ₹1,600 and ₹1,700.



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


A: While Paras Defence has a strong business model, it is a small-cap company and has seen a lot of volatility in the past. Most of its customers are government companies, which means that if the government takes any steps that affect the company's business, it could have a significant impact. However, the company is currently doing well and the government is supporting it.



Q: Should I invest in Paras Defence shares?


A: Investing in any company comes with risk, and you should carefully consider your own risk tolerance before investing in Paras Defence shares. That being said, the future of Paras Defence looks bright, particularly as the government of India focuses more on domestic defense companies. As long as the company continues to expand its business and make smart decisions, it could become a multibagger penny stock in the future.



Disclaimer: This information is for educational purposes only and is not investment advice. Please do your own research and consult with a financial advisor before making any investment decisions.

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