Archive · 28 Jul 2025
Paras Defence Shares Plunge for Second Day; Analysts Flag Bearish Outlook
Paras Defence, a company making things for defense and space, saw its stock price drop 10% for a second day.
This triggered extra monitoring from stock exchanges.
The company's profits and sales went up a bit, but not by much.
Experts believe the stock might keep falling, with a potential support level around Rs 630.
They advise caution and avoiding new investments unless the price starts going up.
Paras Defence shares fell 10% for the second consecutive day.
The stock has been placed under the long-term Additional Surveillance Measure.
Consolidated profit after tax rose marginally by 1.1% YoY.
Revenue from operations increased 11.5% YoY.
Analysts indicate a bearish trend, with support around Rs 630.
- Who
- Paras Defence & Space Technologies Ltd.
- What
- Paras Defence shares hit a 10% lower circuit.
- When
- Monday (during the trading session)
- Where
- BSE and NSE (Indian stock exchanges).
- Why
- Due to heightened price volatility, technical breakdown, and bearish market sentiment.
- Stock Decline
- 10%
- Share Price (Lower Circuit)
- Rs 704.45
- PAT YoY Rise
- 1.1%
- Revenue YoY Rise
- 11.5%
- Revenue from Operations
- Rs 93.19 crore
- Support Zone
- Rs 630-634
- Company
- Paras Defence & Space Technologies Ltd.
