{"id":122547,"date":"2026-06-18T14:40:07","date_gmt":"2026-06-18T09:10:07","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=122547"},"modified":"2026-06-18T14:40:09","modified_gmt":"2026-06-18T09:10:09","slug":"paras-defence-share-price-record-high-june-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/","title":{"rendered":"Paras Defence Share Price Hits Record High on 18 June 2026 as Stock Gains Over 5%; Up 91% From March Low on Defence Sector Tailwinds"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Paras Defence share price hits record high on 18 Jun 2026, up over 5% to Rs 1,113+. Up 91% from March low of Rs 580.50. Rajnath Singh: private sector to reach 50% of defence manufacturing. Do you own?<\/em><\/p>\n<p><a href=\"https:\/\/univest.in\/user\/stocks\/paras\/paras-defence-and-space-technologies-ltd-share-price-today\">Paras Defence<\/a> share price hit a new record high on 18 June 2026, gaining over 5% and extending a massive multi-month rally that has taken the stock up approximately 91% from its March 2026 low of Rs 580.50. The multibagger defence stock is rising on the sustained momentum behind India&#8217;s defence sector, where Defence Minister Rajnath Singh&#8217;s commitment to raising private sector participation from around 25-30% to 50% of defence manufacturing, India&#8217;s Rs 7 lakh crore defence budget, and plans for Rs 19,000 crore in military drone orders are creating a structural demand environment for niche defence electronics companies like Paras Defence.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=paras-defence-record-high-june-18-2026\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/#Paras_Defence_Key_Data_at_a_Glance\" title=\"Paras Defence Key Data at a Glance\">Paras Defence Key Data at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/#Why_Paras_Defence_Is_a_Multibagger_in_the_Current_Defence_Cycle\" title=\"Why Paras Defence Is a Multibagger in the Current Defence Cycle\">Why Paras Defence Is a Multibagger in the Current Defence Cycle<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/#The_Structural_Defence_Sector_Opportunity\" title=\"The Structural Defence Sector Opportunity\">The Structural Defence Sector Opportunity<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/#1_Paras_Defences_Niche_Moat\" title=\"1. Paras Defence&#8217;s Niche Moat\">1. Paras Defence&#8217;s Niche Moat<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/#2_Anti-Drone_Systems_A_Fast-Growing_Segment\" title=\"2. Anti-Drone Systems: A Fast-Growing Segment\">2. Anti-Drone Systems: A Fast-Growing Segment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/#3_Valuation_Rich_but_Supported_by_Visibility\" title=\"3. Valuation: Rich but Supported by Visibility\">3. Valuation: Rich but Supported by Visibility<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/#Why_is_Paras_Defence_share_price_hitting_a_record_high_today\" title=\"Why is Paras Defence share price hitting a record high today?\">Why is Paras Defence share price hitting a record high today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/#What_does_Paras_Defence_make\" title=\"What does Paras Defence make?\">What does Paras Defence make?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/#What_is_Paras_Defence_share_price_today_on_18_June_2026\" title=\"What is Paras Defence share price today on 18 June 2026?\">What is Paras Defence share price today on 18 June 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/#What_is_the_Rajnath_Singh_defence_private_sector_target\" title=\"What is the Rajnath Singh defence private sector target?\">What is the Rajnath Singh defence private sector target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/#Is_Paras_Defence_a_multibagger_stock\" title=\"Is Paras Defence a multibagger stock?\">Is Paras Defence a multibagger stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/#What_are_the_defence_sector_tailwinds_driving_Paras_Defence\" title=\"What are the defence sector tailwinds driving Paras Defence?\">What are the defence sector tailwinds driving Paras Defence?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/#What_are_the_risks_to_Paras_Defence_share_price\" title=\"What are the risks to Paras Defence share price?\">What are the risks to Paras Defence share price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-share-price-record-high-june-2026\/#Which_other_defence_stocks_are_performing_well_alongside_Paras_Defence\" title=\"Which other defence stocks are performing well alongside Paras Defence?\">Which other defence stocks are performing well alongside Paras Defence?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Paras_Defence_Key_Data_at_a_Glance\"><\/span><strong>Paras Defence Key Data at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width: 100%; border-collapse: collapse; margin: 20px 0;\">\n<tbody>\n<tr style=\"background: #000000;\">\n<th style=\"color: #ffffff; padding: 10px; text-align: left; border: 1px solid #CCCCCC;\">Paras Defence Key Data<\/th>\n<th style=\"color: #ffffff; padding: 10px; text-align: left; border: 1px solid #CCCCCC;\">Detail<\/th>\n<\/tr>\n<tr style=\"background: #FFFFFF;\">\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\"><a href=\"https:\/\/univest.in\/stocks\/parasdefe\/paras-defence-and-space-technologies-ltd-share-price-today\">Paras Defence (NSE: PARASDEFE)<\/a><\/td>\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Record high on 18 Jun 2026 | Up &gt;5%<\/td>\n<\/tr>\n<tr style=\"background: #F9F9F9;\">\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">52-Week Low<\/td>\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Rs 580.50 (March 2026)<\/td>\n<\/tr>\n<tr style=\"background: #FFFFFF;\">\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Rally from March Low<\/td>\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">~91% gain from Rs 580.50<\/td>\n<\/tr>\n<tr style=\"background: #F9F9F9;\">\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">BEL Electro-Optics Order<\/td>\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Rs 52.82 crore<\/td>\n<\/tr>\n<tr style=\"background: #FFFFFF;\">\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">PE Ratio<\/td>\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">~59x<\/td>\n<\/tr>\n<tr style=\"background: #F9F9F9;\">\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Market Cap<\/td>\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">~Rs 8,374 crore<\/td>\n<\/tr>\n<tr style=\"background: #FFFFFF;\">\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Promoter Holding<\/td>\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">53.20%<\/td>\n<\/tr>\n<tr style=\"background: #F9F9F9;\">\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Defence Private Sector Goal<\/td>\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Rajnath Singh (May 23): 50% of manufacturing (from 25-30%)<\/td>\n<\/tr>\n<tr style=\"background: #FFFFFF;\">\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Military Drone Orders Planned<\/td>\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">~Rs 19,000 crore (IdeaForge, Paras, Zen Technologies)<\/td>\n<\/tr>\n<tr style=\"background: #F9F9F9;\">\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">India Defence Budget FY27<\/td>\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">~Rs 7 lakh crore<\/td>\n<\/tr>\n<tr style=\"background: #FFFFFF;\">\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Products<\/td>\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Defence optics, anti-drone systems, space imaging, electro-optical systems<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"background: #E8EAFF; border-radius: 14px; padding: 28px 32px 24px 32px; margin: 24px 0; font-family: -apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,sans-serif; cursor: pointer; max-width: 100%; box-sizing: border-box;\">\n<p style=\"font-size: 20px; font-weight: bold; color: #0a0a23; margin: 0 0 12px 0; line-height: 1.3;\">Top Defence Stocks to Buy as India Boosts Private Sector Manufacturing<\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">When <strong style=\"color: #0a0a23;\">Univest analysts<\/strong> flag defence sector breakouts, <em>investors position early.<\/em><\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">Our research team has shortlisted the <strong style=\"color: #0a0a23;\">Top Stocks to Buy<\/strong> based on current market momentum, sector trends &amp; growth potential for 2026.<\/p>\n<ul style=\"margin: 0 0 16px 20px; padding: 0; color: #3a3a5c; font-size: 15px; line-height: 1.8;\">\n<li>Discover stocks investors are actively accumulating<\/li>\n<li>High-conviction opportunities backed by research<\/li>\n<li>Designed for the next phase of market growth<\/li>\n<\/ul>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 20px 0;\">Unlock the latest <a style=\"color: #3b7fff; font-weight: bold; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/payment?planType=ALL_PRO%20PLANS\">Top Stock Picks<\/a> on Univest<\/p>\n<p><a style=\"display: inline-block; background: #3B7FFF; color: #fff; font-size: 15px; font-weight: 600; padding: 13px 28px; border-radius: 50px; letter-spacing: 0.2px; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/payment?planType=ALL_PRO%20PLANS\" target=\"_blank\" rel=\"noopener\">See the Stocks \u2192<\/a><\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Why_Paras_Defence_Is_a_Multibagger_in_the_Current_Defence_Cycle\"><\/span><strong>Why Paras Defence Is a Multibagger in the Current Defence Cycle<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Paras Defence operates in the most defensible parts of the Indian defence supply chain: niche electro-optical systems, anti-drone technologies and space imaging sensors where approvals and testing take years, creating high barriers to entry. When the government commits to doubling private sector defence manufacturing from 25-30% to 50%, the incremental spending flows toward exactly these specialised categories. Paras Defence&#8217;s record high on 18 June is the market pricing in the compounding of a structural policy mandate with a technology moat that few competitors can quickly replicate.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Use the Univest Screener to compare Paras Defence with Data Patterns, Zen Tech and other defence stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Structural_Defence_Sector_Opportunity\"><\/span><strong>The Structural Defence Sector Opportunity<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width: 100%; border-collapse: collapse; margin: 20px 0;\">\n<tbody>\n<tr style=\"background: #000000;\">\n<th style=\"color: #ffffff; padding: 10px; text-align: left; border: 1px solid #CCCCCC;\">Defence Catalyst<\/th>\n<th style=\"color: #ffffff; padding: 10px; text-align: left; border: 1px solid #CCCCCC;\">Impact on Paras Defence<\/th>\n<\/tr>\n<tr style=\"background: #FFFFFF;\">\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Rs 7 lakh crore FY27 defence budget<\/td>\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Larger procurement pool for electro-optics and anti-drone<\/td>\n<\/tr>\n<tr style=\"background: #F9F9F9;\">\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Private sector 50% target (Rajnath Singh)<\/td>\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Direct policy mandate to move contracts to companies like Paras<\/td>\n<\/tr>\n<tr style=\"background: #FFFFFF;\">\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Rs 19,000 crore drone orders<\/td>\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Paras Defence positioned in electro-optics on ISR drones<\/td>\n<\/tr>\n<tr style=\"background: #F9F9F9;\">\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">BEL electro-optics order (Rs 52.82 Cr)<\/td>\n<td style=\"padding: 10px; border: 1px solid #CCCCCC;\">Validates product quality; signals recurring BEL partnership<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"1_Paras_Defences_Niche_Moat\"><\/span><strong>1. Paras Defence&#8217;s Niche Moat<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The defence electronics market rewards companies that have invested years in developing, testing and certifying specialised products. Paras Defence&#8217;s defence optics and space imaging systems fall into this category. Competitors cannot quickly enter these markets because the qualification processes can take three to five years. This moat becomes more valuable as government procurement volumes increase, because Paras becomes one of a very short list of approved domestic suppliers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Anti-Drone_Systems_A_Fast-Growing_Segment\"><\/span><strong>2. Anti-Drone Systems: A Fast-Growing Segment<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Anti-drone technology is one of the fastest-growing segments in the global defence market, driven by the proliferation of commercial drones being used as military platforms in conflict zones. India has been accelerating its counter-drone capability investments. Paras Defence&#8217;s position in counter-drone systems places it at the intersection of two growth vectors: India&#8217;s rising defence budget and the global urgency around drone threat neutralisation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Valuation_Rich_but_Supported_by_Visibility\"><\/span><strong>3. Valuation: Rich but Supported by Visibility<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At approximately 59x PE, Paras Defence share price is priced for sustained high growth. The key question is whether the order book and government policy commitments can deliver the earnings growth to justify this multiple. The BEL electro-optics contract, Data Patterns&#8217; FY26 order inflow growth of 216% in an adjacent segment, and the government&#8217;s stated 50% private sector target provide more policy visibility than has existed at any prior point. However, actual earnings delivery remains subject to government procurement timelines, which can be long and unpredictable.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Paras Defence share price live and follow defence sector expert recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Paras Defence share price hit a new record high on 18 June 2026, up over 5%, extending a 91% rally from its March 2026 low of Rs 580.50. The stock&#8217;s rise reflects the structural tailwinds of India&#8217;s rising defence budget, Rajnath Singh&#8217;s private sector 50% manufacturing mandate, Rs 19,000 crore in drone orders and a BEL electro-optics order win. At approximately 59x PE, the valuation demands strong execution. This article is educational and not investment advice; consult a SEBI-registered financial advisor before investing.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Paras_Defence_share_price_hitting_a_record_high_today\"><\/span><strong>Why is Paras Defence share price hitting a record high today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Paras Defence share price hit a new record high on 18 June 2026, up over 5%, driven by multiple structural catalysts. Defence Minister Rajnath Singh announced in May 2026 that India wants private companies to handle 50% of defence manufacturing, compared to the current 25-30%. India is also planning Rs 19,000 crore in military drone orders that benefit domestic manufacturers. The previous record high for Paras Defence was approximately Rs 1,057-1,113 from June 9 and June 17 sessions, and today&#8217;s move breaks those levels to set a new all-time high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Paras_Defence_make\"><\/span><strong>What does Paras Defence make?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Paras Defence and Space Technologies is a niche defence electronics company specialising in defence optics, anti-drone systems, space imaging sensors, and electro-optical systems. These are highly specialised products that require years of approvals, certifications and testing before an order can be won, giving established players like Paras Defence a significant competitive moat. The company also makes high-energy optics for lasers. It recently secured a Rs 52.82 crore order from BEL (Bharat Electronics Limited) to supply electro-optical systems.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Paras_Defence_share_price_today_on_18_June_2026\"><\/span><strong>What is Paras Defence share price today on 18 June 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Paras Defence share price (NSE: PARASDEFE) is at a new record high on 18 June 2026, gaining over 5% from the previous session. The stock had already established highs of Rs 1,047-1,057 on June 9 and Rs 1,113 during June 17 intraday trading. Today&#8217;s session extends the rally to new all-time highs. The 52-week low is Rs 580.50 (hit in March 2026), from which the stock has now risen approximately 91%. Market cap is approximately Rs 8,374 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Rajnath_Singh_defence_private_sector_target\"><\/span><strong>What is the Rajnath Singh defence private sector target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Defence Minister Rajnath Singh announced on May 23, 2026 that the Indian government wants private companies to handle approximately 50% of defence manufacturing in the future, up from the current 25-30%. He also stated that India has the potential to become one of the world&#8217;s largest arms exporters within the next 25-30 years. This government commitment to structurally increase private sector participation in defence directly benefits companies like Paras Defence, which operate in niche high-value segments where the government is actively seeking domestic alternatives to imports.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Paras_Defence_a_multibagger_stock\"><\/span><strong>Is Paras Defence a multibagger stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Paras Defence is considered a multibagger in the current defence sector cycle. The stock rose from approximately Rs 580.50 in March 2026 to a new record high above Rs 1,113 in June 2026, a gain of approximately 91% in roughly three months. Over the past year, the stock delivered a 1-year return of approximately 29%, outperforming the Nifty 50 significantly. However, multibagger performance in the past does not guarantee future returns, and the stock trades at a rich PE of approximately 59x, reflecting high growth expectations.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_defence_sector_tailwinds_driving_Paras_Defence\"><\/span><strong>What are the defence sector tailwinds driving Paras Defence?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The key tailwinds driving Paras Defence share price are: India&#8217;s FY27 defence budget of approximately Rs 7 lakh crore, the government&#8217;s push to reduce import dependence by achieving 50% private sector manufacturing, planned Rs 19,000 crore military drone procurement favouring IdeaForge, Paras and Zen Technologies, the BEL electro-optics contract, and sustained sector-wide execution in FY26 with a 12% year-on-year growth. The combination of government policy push and rising defence spending creates multi-year order book visibility for niche players.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_to_Paras_Defence_share_price\"><\/span><strong>What are the risks to Paras Defence share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Key risks to Paras Defence share price include its high PE ratio of approximately 59x, which prices in a long runway of strong execution, long and uncertain order gestation periods in the defence sector where contracts can be delayed or changed, dependence on government procurement cycles, and execution risk across the specialised electro-optics and anti-drone segments. Any slowdown in government capex or change in procurement priorities could sharply affect the stock. Consult a SEBI-registered financial advisor before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_other_defence_stocks_are_performing_well_alongside_Paras_Defence\"><\/span><strong>Which other defence stocks are performing well alongside Paras Defence?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The broader defence sector is performing well alongside Paras Defence. Data Patterns (India) doubled from its 2026 low to a high of Rs 4,498, gaining 9% on June 9 alongside Paras. Zen Technologies is rallying on counter-drone systems demand. BDL (Bharat Dynamics Ltd) and GRSE (Garden Reach Shipbuilders) are also gaining on government order wins. The Nifty India Defence index has shown 2.2% gains across three consecutive sessions. The common driver is India&#8217;s growing defence budget and the private sector participation mandate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paras Defence share price hits record high on 18 June 2026, up over 5%. Gains 91% from Rs 580.50 March low. Defence optics, anti-drone systems. 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