Paras Defence Achieves 52-Week High Amid Strong Market Momentum and Financial Growth

Paras Defence and Space Technologies has made headlines today as its stock price reached a new 52-week high of Rs. 1943.6, marking a significant milestone for the midcap aerospace and defense company. The stock has shown impressive performance, outperforming its sector by 3.06% and achieving a remarkable 37.66% return over the past five days.
Opening with a gain of 2.83%, the stock peaked at an intraday high of Rs. 1943.6, reflecting strong market momentum. Notably, Paras Defence is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust technical position.

The company has consistently delivered positive financial results, with a net profit growth of 49.78% reported in March 2025 and record quarterly figures for net sales and PBDIT. With a low debt-to-equity ratio of 0.03 times, Paras Defence maintains a solid financial foundation.

In the broader market context, while the Sensex is slightly down, the defense sector has gained 2.51%, showcasing the resilience of companies like Paras Defence. Over the past year, the stock has generated an impressive 142.67% return, significantly outpacing the Sensex's 11.20% performance.