Paras Defence shares done gone slipped 5.29% to Rs 1016 compared to the last close of Rs 1072.75 on BSE. Market cap of the firm was at Rs 4164 crore. Shares of Paras Defence and Space Technologies were trading in the red on Friday afternoon, even though they said they gonna consider a stock split and Q4, fiscal year earnings on April 30. Paras Defence shares are trading higher than the 5 day, 10 day, 50 day, 100 day and 200 day but lower than the 20 day and 30 day moving averages, if that means anything to you.
The stock fell to a 52-week low of Rs 681.95 on May 10, 2024, then went up to a 52-week high of Rs 1592.75 on July 5, 2024. Paras Defence stock is all crazy and volatile with a beta of 1.5. It ain’t overbought or oversold, according to its relative strength index (RSI) at 63.8. Paras Defence is all about designing, developing, and testing defence and space stuff, depending mostly on government projects.
So, not really sure why this matters, but Paras Defence And Space Technologies Ltd is having a meeting on April 30, 2025, to talk about some financial results and splitting shares. Who knows what’s gonna happen, right? Just keep an eye on those stocks, folks. And remember, I ain’t no financial advisor, so don’t come crying to me if you lose all your money.