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Paras Defence share price adjusted to ₹933.60 post a 1:2 stock split, causing misleading 50% drop visuals on some apps.
Despite the adjustment, the multibagger stock is still up 950% from its IPO price, reflecting strong long-term performance.
The company is transitioning into a high-value systems player, with strong orderbook growth and bullish investor sentiment.
The Paras Defence and Space Technologies share price reached ₹933.60 as of 11:41 AM on July 4, 2025. Shares opened at ₹858 and touched a high of ₹933.60, which is also the upper circuit limit. The day’s low was ₹856. Trading volume crossed 4.5 million shares with a total trade value of over ₹420 crore.
There was no percentage change in stock price from the previous closing at the time of writing. Initially, some trading apps showed a nearly 50% fall in share price. This is not an actual drop in value. It shows the adjustment for the 1:2 stock split announced earlier by the company.
Paras Defence had informed investors about the stock split in April. The company fixed July 4 as the record date. Only shareholders holding the stock as of July 3 close are eligible for the split.
The 1:2 stock split reduced the face value of each share from ₹10 to ₹5. This effectively doubled the number of outstanding shares and halved the price per share. It made the stock more affordable and increased liquidity. Some retail investors and trading apps still show the pre-split price, as adjustments are pending.
The stock is trading at a TTM PE of 57.81, which is lower than its three-year average of 60. The TTM EPS is ₹16.15, showing a year-on-year growth of 84.07%. Book value per share stands at ₹118.89. The stock offers a dividend yield of 0.05%.
The Paras Defence share price chart as of 12.35 AM shows stability at the ₹933.60 mark:
Promoters hold 53.74% of the company. Public and institutional investors own the remaining stake. The Abu Dhabi Investment Authority holds 3.51%. More than 1.23 crore retail investors own 30.54% of the stock as of May 2025.
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Paras Defence has delivered strong returns. Over the last five years, the stock has rallied 6,129%. In the past year alone, it has gained 196%. Even after the adjustment, the stock is up 950% from its IPO price of ₹175.
The company’s IPO was launched in September 2021. The adjusted IPO price now stands at ₹87.5. The company's market capitalization is currently ₹3,761 crore. Before the split, the market cap had crossed ₹7,250 crore. The difference is an effect of the valuation adjustment due to the stock split.
The business model of Paras Defence is evolving. It is transitioning from a component supplier to a value-added systems provider. Its revenue mix has shifted from 90:10 to 60:40. The company aims to move to a 40:60 mix in the near future. Analysts at Nirmal Bang expect the orderbook to reach ₹1,000 crore by FY26. It could grow to ₹1,500 crore in the following years.
SBI Securities continues to list Paras Defence among its top defence picks. India’s defence modernization and Make-in-India policy are expected to increase future order inflows. The company supplies periscopes and other high-tech equipment, which supports revenue stability.
The company’s CEO, Amit Mahajan, addressed investor concerns regarding Israel. He said the company’s exposure to Israel is just 5% and focuses on tech transfer. He does not expect major supply chain disruptions.
Paras Defence is entering a new phase after the stock split. Investor sentiments, for now, remain high. Community sentiment rates the stock as a ‘BUY’ at 100%. Despite confusion on some platforms, the growth story and fundamentals remain strong. Investors are advised to do their thorough research before making any financial decisions.
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1. Is Paras Defence good for investment?
Yes, Paras Defence is considered a strong long-term investment due to its robust growth, 950% rally, and solid order pipeline.
2. Can I buy Paras Defence shares?
Yes, Paras Defence shares are available for purchase on major Indian stock exchanges like NSE and BSE.
3. Which defence share is best?
Paras Defence is among the top-performing defence stocks, alongside names like HAL, BEL, and BEML.
4. What was the IPO price of Paras Defence?
Paras Defence IPO was priced at ₹175 per share, now adjusted to ₹87.5 post-split.
5. Why is Paras Defence showing a 50% fall in some apps?
Some trading platforms haven’t adjusted for the 1:2 stock split, creating a misleading 50% drop display.
