
Paras Defence And Space Technologies (PARAS) Share Price Falls 5.09% Today
Updated: 15 Sept 2026 • 11:45 am
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Paras Defence And Space Technologies Share Price is at Rs 1,360 today, down 5.09% or Rs 73 from the previous close of Rs 1,433. The company’s market capitalisation stands at Rs 11,548.16 crore. The stock is in the Mid Cap category and operates in the Defence industry under the Capital Goods sector.
The supplied market data confirms the price decline, but it does not establish any company-specific catalyst behind the move. That means the verified development is the market action itself. The stock opened at Rs 1,440.95, touched a high of Rs 1,441, and fell to a low of Rs 1,357.35 before trading near the lower end of the day’s range.
For investors tracking Paras Defence And Space Technologies Share Price, the key questions are how sharp the fall was, whether valuation still looks rich after the decline, and how the company compares with its listed defence peers on profitability and scale. This analysis stays to the supplied numbers and benchmark data.
Paras Defence And Space Technologies (PARAS) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,360 |
| Previous Close | Rs 1,433 |
| Today's Move | -Rs 73.00 (-5.09%) |
| Open | Rs 1,440.95 |
| High | Rs 1,441 |
| Low | Rs 1,357.35 |
| Turnover | Rs 4.69 crore |
| Market Capitalisation | Rs 11,548.16 crore |
| Market Cap Category | Mid Cap |
Paras Defence And Space Technologies Share Price Today reflects a clear one-session decline. The stock moved from a previous close of Rs 1,433 to Rs 1,360, a drop of Rs 73 or 5.09%. The opening level of Rs 1,440.95 was slightly above the previous close, but the intraday high was only Rs 1,441, indicating the early level did not hold for long.
The session then weakened toward Rs 1,357.35, and the stock traded close to that low zone. This matters because it suggests selling pressure built after the open rather than beginning with a weak start. The day’s range between Rs 1,441 and Rs 1,357.35 was also wide enough to keep the counter under close watch. Turnover of Rs 4.69 crore confirms active value traded during the decline.
Paras Defence And Space Technologies (PARAS) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 11,548.16 crore |
| P/E Ratio | 122.27x |
| P/B Ratio | 16.43x |
| ROE | 13.98% |
| ROCE | 18.68% |
| EPS | Rs 11.72 |
| Book Value Per Share | Rs 87.2 |
| Dividend Yield | 0.07% |
Fundamentally, the stock still trades at elevated valuation multiples despite today’s fall. Paras Defence And Space Technologies Share Price implies a P/E ratio of 122.27 and a P/B ratio of 16.43. EPS stands at Rs 11.72, while book value per share is Rs 87.2. Dividend yield is 0.07%, which remains modest relative to the share price.
Profitability metrics are firmer than the valuation multiples alone might suggest. ROE is 13.98% and ROCE is 18.68%, both of which compare favourably with the industry benchmark figures discussed below. On technical context, the RSI is 53.48, the 50-day moving average is Rs 1,409.61, and the 200-day moving average is Rs 991.71. At the current price of Rs 1,360, the stock is below its 50 DMA but above its 200 DMA.
Taken together, these numbers show why the counter draws attention on a weak day. The stock combines premium valuation with positive return ratios, so even a single-session decline can sharpen focus on whether the market is re-evaluating that balance.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Defence |
| Benchmark Scope | same industry |
| Company P/E Ratio | 122.27x |
| Benchmark Median P/E | 93.56x |
| Benchmark Average P/E | 170.03x |
| Benchmark P/E Range | 11.45x to 927.42x |
| Company P/B Ratio | 16.43x |
| Benchmark Median P/B | 6.54x |
| Benchmark Average P/B | 8.52x |
| Company ROE | 13.98% |
| Benchmark Median ROE | 10.83% |
| Benchmark Average ROE | 10.66% |
| Company ROCE | 18.68% |
| Benchmark Median ROCE | 14.21% |
| Benchmark Average ROCE | 14.35% |
| Company Market Capitalisation | Rs 11,548.16 crore |
| Benchmark Median Market Cap | Rs 3,064.13 crore |
| Benchmark Average Market Cap | Rs 7,937.55 crore |
The same-industry benchmark covers 14 defence companies. Within that set, Paras Defence And Space Technologies Share Price still reflects a premium valuation. Its P/E of 122.27 is above the industry median of 93.56, though below the average of 170.03 across 11 companies with available P/E data. The range itself is very wide, from 11.45 to 927.42.
On P/B, the company’s 16.43 is well above both the benchmark median of 6.54 and the average of 8.52. Profitability is stronger than the benchmark midpoint: ROE of 13.98% is above the median of 10.83% and average of 10.66%, while ROCE of 18.68% is above the median of 14.21% and average of 14.35%.
Size also stands out. The company’s market capitalisation of Rs 11,548.16 crore is above the industry median of Rs 3,064.13 crore and above the industry average of Rs 7,937.55 crore. The broad picture is straightforward: premium pricing on earnings and book value, but profitability metrics that compare well with the same-industry benchmark.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Bharat Dynamics | BDL | 43,639.27 | 83.8 | 10.04 | 10.23 | 13.91 |
| Apollo Micro Systems | APOLLO | 15,679.64 | 129.24 | 10.73 | 11.43 | 14.52 |
| Aequs | AEQUS | 15,160.4 | 0 | 10.67 | -10.36 | 1.5 |
| Axiscades Technologies | AXISCADES | 7,788.31 | 214.34 | 10.81 | 12.38 | 14.56 |
| Rossell Techsys | ROSSTECH | 4,580.5 | 178.01 | 28.28 | 5.92 | 7.3 |
Peer data suggests Paras Defence And Space Technologies Share Price trades at a premium to some major listed defence names, but its profitability is stronger than several peers. Against Bharat Dynamics, Paras has a higher P/E of 122.27 versus 83.8 and a higher P/B of 16.43 versus 10.04, while also posting better ROE and ROCE at 13.98% and 18.68% versus 10.23% and 13.91%.
Apollo Micro Systems is closer on P/E at 129.24, but its P/B is lower at 10.73 and its ROE and ROCE of 11.43% and 14.52% trail Paras. Axiscades carries a higher P/E of 214.34, though its P/B is lower at 10.81 and return metrics are also lower than Paras. Rossell Techsys shows the highest P/B in this peer list at 28.28, but its profitability is weaker at 5.92% ROE and 7.3% ROCE. Aequs has P/B of 10.67 with negative ROE and low ROCE. In market-cap terms, Paras is smaller than Bharat Dynamics, Apollo, and Aequs, but larger than Axiscades and Rossell Techsys.
Why Investors Are Watching Paras Defence And Space Technologies
- The stock fell 5.09% in one session, with the price moving from Rs 1,433 to Rs 1,360.
- The intraday range was wide, from Rs 1,441 to Rs 1,357.35.
- Valuation remains elevated at 122.27 times earnings and 16.43 times book value.
- ROE of 13.98% and ROCE of 18.68% are above same-industry median and average benchmarks.
- Relative to several defence peers, the stock combines premium multiples with stronger return ratios.
About Paras Defence And Space Technologies
Paras Defence And Space Technologies operates in the Defence industry within the Capital Goods sector. In the supplied benchmark set, it is compared with other listed defence companies on valuation, profitability, and market capitalisation.
That benchmark includes 14 companies from the same industry. As a result, Paras Defence And Space Technologies Share Price is best read in relation to peers such as Bharat Dynamics, Apollo Micro Systems, Aequs, Axiscades Technologies, and Rossell Techsys rather than against broader industrial averages.
Track Paras Defence And Space Technologies Share Price on Univest
UseParas Defence And Space Technologies (PARAS) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
On Univest, users can track Paras Defence And Space Technologies Share Price through live price updates, valuation ratios, profitability metrics, peer comparison, and market-cap context. For anyone monitoring Paras Defence stock news, the most useful approach is to focus on verified market data and same-industry comparisons.
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
Why did Paras Defence And Space Technologies Share Price fall today?
Ans. Paras Defence And Space Technologies Share Price fell 5.09% to Rs 1,360 from the previous close of Rs 1,433. The supplied data confirms the decline, but it does not identify a company-specific catalyst.
What is Paras Defence And Space Technologies Share Price Today?
Ans. Paras Defence And Space Technologies Share Price Today is Rs 1,360. The stock was down Rs 73 or 5.09% in the session after opening at Rs 1,440.95 and trading between Rs 1,441 and Rs 1,357.35.
How much market capitalisation does Paras Defence And Space Technologies have?
Ans. The company’s market capitalisation is Rs 11,548.16 crore, placing it in the Mid Cap category. That is above the defence industry median of Rs 3,064.13 crore and above the industry average of Rs 7,937.55 crore.
How does Paras Defence compare on P/B ratio?
Ans. Paras Defence has a P/B ratio of 16.43. This is well above the same-industry median of 6.54 and average of 8.52, indicating a richer book-value multiple than many peers. The company trades at a P/E ratio of 122.27x.
How does Paras Defence compare with Bharat Dynamics and Apollo Micro Systems?
Ans. Paras has a higher P/E than Bharat Dynamics at 122.27 versus 83.8, but slightly lower than Apollo Micro Systems at 129.24. Its ROE of 13.98% and ROCE of 18.68% are stronger than both of those peers.
What should investors monitor after today’s Paras Defence share price fall?
Ans. Investors may monitor whether the stock stabilises after today’s decline, how its valuation compares with the defence benchmark, and whether its profitability metrics continue to support premium multiples. The previous close was Rs 1,433.
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