Paras Defence And Space Technologies Ltd. (PARAS) Share Price Hits Fresh 52-Week High
- August 21, 2026
- Posted by: Harsh Piplani
- Category: News
Rs 1,556.40, up 3.58% today, after touching a fresh 52-week high of Rs 1,584.95. Market capitalisation stands at Rs 12,056.67 crore.
Paras Defence And Space Technologies Ltd. Share Price rose to Rs 1,556.40 on 21 August 2026, up 3.58% from the previous close of Rs 1,502.60, after the stock touched a fresh 52-week high of Rs 1,584.95. With a market capitalisation of Rs 12,056.67 crore and turnover of Rs 14.03 crore, the move has put the company firmly among the stocks in news and 52 week high stocks during today’s session.
The supplied data confirms the price event clearly: Paras Defence And Space Technologies Ltd. Share Price opened at Rs 1,502.25, matched that level as the day’s low, and then moved sharply higher to its yearly high. That intraday pattern matters because it shows buyers pushed the stock above its earlier trading range during the session rather than through a narrow gap alone.
For investors tracking Paras Defence And Space Technologies Ltd. Stock News, the immediate relevance is straightforward. The stock is attracting attention because it has reached a new one-year high with a positive day change of Rs 53.80 and meaningful traded activity. At the same time, the supplied data does not establish a company-specific catalyst, so today’s move is best understood through verified price action, valuation, sector context and peer comparison. That is where Univest sees the real analytical value in this Paras Defence And Space Technologies Ltd. Share Price update.
Paras Defence And Space Technologies Ltd. Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,556.4 |
| Previous Close | Rs 1,502.6 |
| Today's Change | +Rs 53.8 (+3.58%) |
| Day Open | Rs 1,502.25 |
| Fresh 52-Week High | Rs 1,584.95 |
| Day Low | Rs 1,502.25 |
| Current Volume | 90,155 |
| Turnover | Rs 14.03 crore |
| Market Capitalisation | Rs 12,056.67 crore |
Paras Defence And Space Technologies Ltd. (PARAS) traded at Rs 1,556.4. versus the previous close of Rs 1,502.6, a rise of 3.58%. The stock opened at Rs 1,502.25, reached Rs 1,584.95, touched Rs 1,502.25. Reported volume was 90,155.
Paras Defence And Space Technologies Ltd. Share Price Today shows a strong session in which the stock moved from its opening level to a fresh 52-week peak, closing in on the day’s high while maintaining gains over the previous close. The combination of a 3.58% rise, Rs 14.03 crore turnover and 90,155 shares traded explains why the stock is trending in market news.
In pure price action terms, the session was constructive. Paras Defence And Space Technologies Ltd. Share Price opened at Rs 1,502.25 versus the previous close of Rs 1,502.60, so there was little initial gap between the two levels. The day low also stood at Rs 1,502.25, indicating that the opening zone acted as the intraday floor. From there, the stock advanced to Rs 1,584.95, which is now the new 52-week high as well as the session high.
The current price of Rs 1,556.40 leaves the stock above the previous close by Rs 53.80. It also means the share price stayed meaningfully above the opening range even after touching the one-year high, which is often the kind of price behaviour traders monitor in breakout stocks and momentum stocks during the Indian stock market session.
Turnover of Rs 14.03 crore alongside 90,155 shares suggests the move was backed by visible market participation. For readers searching Paras Defence And Space Technologies Ltd. Share Price Live, Paras Defence And Space Technologies Ltd. News Today or Paras Defence And Space Technologies Ltd. Share News, the verified takeaway is simple: the stock registered a fresh yearly high and maintained a positive intraday structure. The next question is whether valuation and profitability metrics support continued investor attention, which brings the discussion to fundamental analysis.
Paras Defence And Space Technologies Ltd. (PARAS) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 12,056.67 crore |
| P/E Ratio | 35.3x |
| P/B Ratio | 5.8x |
| ROE | 22.64% |
| ROCE | 21.36% |
Paras Defence And Space Technologies Ltd. was valued at a P/E ratio of 35.3x, a P/B ratio of 5.8x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.
Profitability and capital efficiency were represented by ROE of 22.64% and ROCE of 21.36%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Benchmark Scope | same sector |
| Company P/E Ratio | 35.3x |
| Benchmark Median P/E | 20.03x |
| Benchmark Average P/E | 45.95x |
| Benchmark P/E Range | 0x to 3,646.97x |
| Company P/B Ratio | 5.8x |
| Benchmark Median P/B | 2.51x |
| Company ROE | 22.64% |
| Benchmark Median ROE | 8.64% |
| Company ROCE | 21.36% |
| Benchmark Median ROCE | 11.64% |
| Company Market Capitalisation | Rs 12,056.67 crore |
| Benchmark Median Market Cap | Rs 223.1 crore |
Paras Defence And Space Technologies Ltd. (PARAS) is classified under sector: Capital Goods.
Paras Defence And Space Technologies Ltd. (PARAS) has a P/E ratio of 35.3x, which is above the benchmark median of 20.03x, a difference of +76.24%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Paras Defence And Space Technologies Ltd. (PARAS) has a ROE of 22.64%, which is above the benchmark median of 8.64%, a difference of +162.04%. Paras Defence And Space Technologies Ltd. (PARAS) has a ROCE of 21.36%, which is above the benchmark median of 11.64%, a difference of +83.51%.
Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Jash Engineering Ltd. | JASH | 3,060.47 | 35.3 | 5.8 | 22.64 | 21.36 |
| Ador Welding Ltd. | ADOR | 2,839.53 | 25.82 | 5.04 | 17.38 | 23.35 |
| Yash Highvoltage Limited | YASHHV | 2,760.73 | 73.93 | 10.11 | 33.37 | 44.9 |
| Ujaas Energy Ltd. | UEL | 2,747.33 | 664.61 | 28.4 | -89.32 | -41.55 |
| Rishabh Instruments Ltd. | RISHABH | 2,690.1 | 32.78 | 3.58 | 16.13 | 15.25 |
Paras Defence And Space Technologies Ltd. (PARAS) has a P/E ratio of 35.3x compared with the displayed peer median of 35.3x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 22.64% compares with a peer median of 17.38% across the companies shown in the table. ROCE stood at 21.36% versus the displayed peer median of 21.36%, providing a capital-efficiency comparison. Paras Defence And Space Technologies Ltd. (PARAS) has a market capitalisation of Rs 12,056.67 crore. Among the 5 peers shown, 0 have a larger market capitalisation.
Why Investors Are Watching Paras Defence And Space Technologies Ltd.
The stock is being watched because the verified data shows a clear combination of price strength, strong relative profitability and notable sector positioning. For investors scanning stock market today and market trends, these are the main factors keeping the company in focus.
- Fresh price milestone: Paras Defence And Space Technologies Ltd. Share Price touched Rs 1,584.95, a new 52-week high, and was still up 3.58% at Rs 1,556.40.
- Positive intraday structure: The stock opened at Rs 1,502.25, the same as the day low, before moving higher through the session.
- Visible trading activity: Volume stood at 90,155 shares with turnover of Rs 14.03 crore.
- Profitability profile: ROE of 22.64 and ROCE of 21.36 are both above the Capital Goods sector medians of 8.64 and 11.64.
- Valuation context: P/E of 35.3 is above the sector median of 20.03 but below the sector average of 45.95; P/B of 5.8 is above the median of 2.51 but below the average of 7.04.
- Sector scale: Market capitalisation of Rs 12,056.67 crore is well above the supplied sector median and average, and above all listed peers in the provided sample.
About Paras Defence And Space Technologies Ltd.
Paras Defence And Space Technologies Ltd. is listed under the symbol PARAS and is classified in the Capital Goods sector in the supplied dataset. For investors following Paras Defence And Space Technologies Ltd. NSE and Paras Defence And Space Technologies Ltd. BSE search intent, the immediate relevance in this article is the stock’s price behaviour and comparative positioning rather than a broader operational profile.
The verified dataset used for this Univest article identifies the company by name, ticker and sector classification, and places it within a large same-sector benchmark universe of 278 companies. Within that comparison set, the company stands out more for its market capitalisation, valuation and return ratios than for descriptive business data, because the supplied event snapshot is focused on market and financial metrics tied to the fresh 52-week high.
As a result, investors tracking Paras Defence And Space Technologies Ltd. Share Price, Paras Defence And Space Technologies Ltd. Stock Performance and Paras Defence And Space Technologies Ltd. Shareholding Pattern searches are currently likely to focus on how the stock is behaving in the market and how its reported fundamentals compare with the Capital Goods sector and listed peers.
Track Paras Defence And Space Technologies Ltd. Share Price on Univest
Use Paras Defence And Space Technologies Ltd. (PARAS) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.
Investors can track Paras Defence And Space Technologies Ltd. Share Price on Univest for live share price moves, 52-week levels, market cap, valuation ratios and broader market insights. Univest also helps users follow Paras Defence And Space Technologies Ltd. Share Price Today through structured stock analysis built around verified market data.
For users searching Paras Defence And Space Technologies Ltd. Share Price Live, Paras Defence And Space Technologies Ltd. Stock News and Paras Defence And Space Technologies Ltd. Share Price Update, Univest brings together price action, peer comparison, sector benchmark context and historical market indicators in one place. That makes it easier to monitor whether the stock remains among the key market movers after this fresh one-year high.
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 the latest Paras Defence And Space Technologies Ltd. Share Price today?
Ans. Paras Defence And Space Technologies Ltd. Share Price today is Rs 1,556.40. The stock was up 3.58%, or Rs 53.80, from the previous close of Rs 1,502.60 during the session covered in this Univest market update.
Did Paras Defence And Space Technologies Ltd. hit a fresh 52-week high?
Ans. Yes, Paras Defence And Space Technologies Ltd. hit a fresh 52-week high of Rs 1,584.95 on 21 August 2026. The stock later traded at Rs 1,556.40, keeping it firmly above the previous close and in focus.
Why is Paras Defence And Space Technologies Ltd. Share Price rising today?
Ans. The supplied data confirms a strong price move, with the stock rising 3.58% and touching a new one-year high. However, the verified dataset does not establish a company-specific catalyst behind the move in Paras Defence And Space Technologies Ltd. Share.
What do today’s price action numbers show for PARAS?
Ans. PARAS opened at Rs 1,502.25, which was also the day’s low, and then climbed to Rs 1,584.95. That intraday structure shows buying interest emerged after the open and pushed the stock to a fresh yearly high.
What is the market capitalisation of Paras Defence And Space Technologies Ltd.?
Ans. Paras Defence And Space Technologies Ltd. has a market capitalisation of Rs 12,056.67 crore. That is substantially higher than the Capital Goods sector benchmark median of Rs 223.10 crore and average of Rs 554.31 crore in the supplied dataset.
Is Paras Defence And Space Technologies Ltd. expensive compared with its sector?
Ans. On the supplied numbers, the company’s P/E of 35.3 is above the Capital Goods sector median of 20.03 but below the average of 45.95. Its P/B of 5.8 is above the median 2.51 and below the average 7.04.
How profitable is Paras Defence And Space Technologies Ltd. based on available data?
Ans. The available profitability metrics are strong versus the sector benchmark. Paras Defence And Space Technologies Ltd. reports ROE of 22.64 and ROCE of 21.36, both higher than the sector medians of 8.64 and 11.64 respectively.
How does Paras Defence And Space Technologies Ltd. compare with listed peers?
Ans. Compared with the supplied peers, Paras Defence And Space Technologies Ltd. has the largest market capitalisation at Rs 12,056.67 crore. Its P/E of 35.3 sits above Ador Welding and Rishabh Instruments, but below Yash Highvoltage and Ujaas Energy.
What was the trading volume and turnover in today’s session?
Ans. The stock recorded trading volume of 90,155 shares and turnover of Rs 14.03 crore in the session covered here. Those figures indicate visible market participation as Paras Defence And Space Technologies Ltd. reached a fresh 52-week peak.
Which sector does Paras Defence And Space Technologies Ltd. belong to?
Ans. Paras Defence And Space Technologies Ltd. is classified in the Capital Goods sector in the supplied data. The same-sector benchmark used in this analysis includes 278 companies for comparing valuation, profitability and market capitalisation levels.
