July 7, 2025: Paras Defence Share Price – Paras Defence and Space Technologies, a prominent player in the Aerospace & Defense sector and classified as a Smallcap on the BSE, is currently trading at ₹882.05. The stock witnessed intraday fluctuations between ₹876.55 and ₹941, reflecting ongoing market volatility. Over the past year, its share price has ranged from a low of ₹401 to a high of ₹971.8.
Recent Performance Highlights
The stock experienced a daily decline of 5.51%, but it has shown resilience with a 2.4% gain over the past month and an impressive 91.94% rise in the last three months. Examining weekly and longer-term trends, Paras Defence delivered a robust 14.55% return in the past week and a notable 103.13% increase over three months. Its six-month and one-year returns stand at 92.56% and 20.8%, respectively, with long-term growth indicated by 210.36% over three years and 274.34% over five years.
Technical Analysis and Moving Averages
Technical indicators reveal key pivot and support/resistance levels for traders. The daily pivot is at ₹907.32, with resistance levels at ₹959.68 (R1), ₹985.87 (R2), and ₹1038.23 (R3). Support levels are positioned at ₹881.13 (S1), ₹828.77 (S2), and ₹802.58 (S3).
Moving averages offer additional insights into market sentiment. The 5-day Simple Moving Average (SMA) sits at 1633.87, with the Exponential Moving Average (EMA) at 865.87. For 10-day periods, the SMA is 1643.16 and EMA 844.9; 20-day SMA and EMA stand at 1636.38 and 827.13 respectively. Longer durations show the 50-day SMA at 1533.08 and EMA at 765.56, while the 100-day SMA and EMA are 1242.73 and 686.82. Over 200 days, the SMA is 1146.38 and EMA 613.66. These averages help investors gauge trends and potential price movements.
Sector Comparison: Paras Defence vs Hindustan Aeronautics
Within the aerospace and defense sector, Paras Defence faces competition from heavyweights like Hindustan Aeronautics Limited (HAL). HAL has exhibited steadier but slower short-term growth, with a weekly gain of 1.97% and a monthly decline of 1.54%. Over three months, HAL rose by 24.5%, with a six-month gain of 21.75%. However, its one-year performance dipped by 10.04%. Despite this, HAL has demonstrated remarkable long-term returns with 468.31% growth over three years and an impressive 949.81% over five years.
Outlook
Paras Defence and Space Technologies has shown strong recent momentum, reflected in its multi-month and multi-year gains, positioning itself as a promising contender in the smallcap defense segment. The technical indicators and moving averages will be key for traders watching for potential support or resistance points. Meanwhile, comparisons with HAL highlight the divergent growth trajectories within the sector, emphasizing the importance of a diversified investment approach.
Investors should continue monitoring sector developments, quarterly results, and geopolitical factors that influence defense spending and stock performance.