Paras Defence Share Price Today, June 22, 2026: Stock at Rs 1,378, Down 2.17%
- June 22, 2026
- Posted by: Neeraj Pandey
- Category: News
PARAS CMP Rs 1,378.15, down 2.17%. Prev close Rs 1,408.65. High Rs 1,417.65. Low Rs 1,376.05. Profit-taking in Paras Defence after recent rally.
Paras Defence share price declined 2.17% to Rs 1,378.15 on June 22, 2026, as investors booked profits after a recent period of strong gains in the broader defence sector. The stock, which had been trending with over 1,000 Google searches, opened at Rs 1,408.65 and touched a high of Rs 1,417.65 before pulling back sharply to a low of Rs 1,376.05.
Paras Defence and Space Technologies is a niche defence technology company focused on advanced defence electronics, space optics, and electromagnetic pulse protection systems. The company serves DRDO, the Indian Army, Indian Navy, Indian Air Force, and strategic sectors including ISRO and the Department of Atomic Energy.
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Paras Defence Share Price: Live Data for June 22, 2026
| Metric | Value |
|---|---|
| NSE Symbol | PARAS |
| CMP | Rs 1,378.15 |
| Change | -2.17% |
| Previous Close | Rs 1,408.65 |
| Day’s High | Rs 1,417.65 |
| Day’s Low | Rs 1,376.05 |
| Sector | Defence Electronics / Space Tech |
| Market Cap | Small to Mid Cap |
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Paras Defence share price has been one of the strongest performers in the broader defence space over the past two years, rising sharply as the market recognised the company’s niche position in defence electronics and space optics. The stock’s valuation premium reflects its unique technology capabilities and limited competition in its product categories.
The company’s order book from defence and strategic sector clients provides strong revenue visibility. However, defence contracts can have lumpy recognition patterns due to milestone-based billing, which can create quarter-to-quarter revenue variability even as the annual trajectory remains positive.
Why Paras Defence Share Price Is Declining Today
Three factors are influencing Paras Defence share price in today’s session. Investors can use the Univest Screener to track PARAS fundamentals and compare it with other listed defence stocks.
Track Paras Defence on Univest Screener for Defence Sector Data
1. Profit-Taking After Recent Defence Sector Rally
Paras Defence share price is declining today primarily due to profit-taking after the defence sector’s strong run in recent sessions. Investors who built positions at lower levels are locking in gains, creating selling pressure at the current price levels. This is a typical pattern in small and mid-cap stocks that have seen sharp recent appreciation.
2. Valuation Premium Creates Vulnerability
Paras Defence trades at a significant valuation premium to conventional defence PSUs, reflecting its niche technology positioning. At elevated multiples, any news of order delays, margin pressure, or competitive threat can trigger sharper corrections. Today’s decline reflects this vulnerability of high-PE niche stocks to routine selling pressure.
3. Broader Market Volatility Affecting Smallcap Stocks
Small and mid-cap defence stocks are more sensitive to market-wide risk-off moves compared to large-cap defence PSUs. Any broad market caution or sectoral rotation can disproportionately affect Paras Defence share price in the short term, even if the fundamental business case remains intact.
What Investors Should Watch for Paras Defence Share Price
Investors tracking Paras Defence share price should monitor order book announcements from defence and strategic sector clients, the company’s revenue recognition in each quarter, and any new technology contracts from ISRO or the Ministry of Defence for space optics or EMP protection systems.
The stock’s medium-term trajectory will depend on whether India’s defence indigenisation push translates into accelerated order inflows for niche technology providers like Paras Defence. Any government policy on space sector privatisation could also create new contract opportunities beyond the current defence focus.
Conclusion
Paras Defence share price is at Rs 1,378.15 on June 22, 2026, down 2.17% in profit-taking after recent gains. The company has a unique position in defence electronics and space optics with a strong client base in India’s strategic sectors. However, the stock trades at premium valuations, making it sensitive to short-term selling pressure. Consult a SEBI-registered financial advisor before investing.
Download the Univest iOS App or Univest Android App to track Paras Defence share price live and access defence sector research.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is Paras Defence share price today?
Ans. Paras Defence share price is Rs 1,378.15 on June 22, 2026, down 2.17% from the previous close of Rs 1,408.65. The day high is Rs 1,417.65 and the day low is Rs 1,376.05. Paras Defence trades on NSE under the symbol PARAS.
Why is Paras Defence share price falling today?
Ans. Paras Defence share price is falling today due to profit-taking after a recent rally in the defence sector. The stock has seen significant appreciation over the past year, and investors are locking in gains at current levels, creating selling pressure.
What does Paras Defence make?
Ans. Paras Defence and Space Technologies makes advanced defence electronics including electromagnetic pulse (EMP) protection systems, space optics and high-precision optical systems for satellites and missiles, heavy engineering products for defence, and specialised materials for the defence and space sectors.
Who are Paras Defence’s main customers?
Ans. Paras Defence’s main customers include DRDO (Defence Research and Development Organisation), the Indian Army, Navy, and Air Force, ISRO (Indian Space Research Organisation), the Department of Atomic Energy, and other strategic government agencies that require specialised defence electronics and space optics.
Is Paras Defence a good defence stock?
Ans. Paras Defence has a unique niche in defence electronics and space optics with strong client relationships in India’s strategic sector. However, it trades at a high valuation premium and is subject to order lumpiness. Whether it suits your portfolio depends on your risk appetite. This is not investment advice. Consult a SEBI-registered advisor.
What is Paras Defence’s EMP protection business?
Ans. Paras Defence makes electromagnetic pulse (EMP) protection systems that shield critical defence and strategic infrastructure from EMP attacks, which can disable electronic systems. EMP protection is a growing requirement for military bases, communication systems, and critical infrastructure globally.
What are the risks for Paras Defence investors?
Ans. Key risks include the stock trading at a high valuation premium, lumpy quarterly revenue from milestone-based defence contracts, dependency on a limited set of strategic clients, competition from larger defence PSUs and private companies, and the small-cap nature of the stock making it sensitive to broad market volatility.
Where can I track Paras Defence share price live?
Ans. Paras Defence share price can be tracked on NSE at nseindia.com using the symbol PARAS. The Univest app and Univest Screener also provide live data and research on Paras Defence and other defence sector stocks.
