Paras Defence Faces Intraday Volatility Amid Strong Long-Term Performance Trends

Paras Defence and Space Technologies has experienced a notable decline of 5.31% on May 12, 2025, underperforming the sector by 5.71%. The stock opened with a gain of 2.78% but reached an intraday high of Rs 1,515.90, only to fall to a low of Rs 1,375.80, reflecting high volatility with an intraday fluctuation of 6.7%.
Despite today's downturn, Paras Defence has shown strong performance over longer periods. Over the past month, the stock has surged by 41.56%, significantly outperforming the Sensex, which gained 8.64%. In the last year, Paras Defence has delivered an impressive return of 96.44%, compared to the Sensex's 12.37%. Year-to-date, the stock has risen by 37.11%, while the Sensex has increased by 4.50%.

Currently, Paras Defence is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in its longer-term performance metrics. As the market continues to evolve, the stock remains a focal point in the midcap defence sector.