ADVERTISEMENT

Paras Defence Q1 Review - Strong Results, Expensive Valuations Fully Factor Growth Potential: Nirmal Bang

The brokerage maintains “Sell" on the company with a target price of Rs 1,135, valuing it at 72 times June’26E earnings per share.

<div class="paragraphs"><p>The Akash rocket missile project on which Paras Defence worked. (Source: Company website)</p></div>
The Akash rocket missile project on which Paras Defence worked. (Source: Company website)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits

Choose a plan

Renews automatically. Cancel anytime.
Still Not convinced ? Know More