Paras Defence Outperforms Market, Highlights Resilience in Defence Sector Amid Fluctuations

Paras Defence and Space Technologies has shown remarkable performance today, gaining 5.0% on June 23, 2025. The stock has outperformed its sector by 2%, marking a significant achievement in a challenging market environment. Over the past four days, the stock has consistently risen, accumulating a total return of 6.56%.
Today, Paras Defence reached an intraday high of Rs 1,742.5, reflecting a 5.32% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In the broader market context, the Sensex opened lower at 81,704.07, down 0.85%, and is currently trading at 81,896.79. Despite this, the defence sector has gained 2.99%, showcasing resilience amid market fluctuations.

Over the past year, Paras Defence has delivered a robust performance, with a 26.79% increase compared to the Sensex's 6.07%. Year-to-date, the stock has surged by 73.03%, significantly outperforming the Sensex's 4.81% gain. This consistent performance underscores the company's strong position within the aerospace and defense industry.