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Paras Defence and Space Technologies Ltd

Stage 2 · Advancing · week 24Setup 4.4 WatchWeak -2.9

As of 16 Oct 2026, Paras Defence and Space Technologies is in Stage 2 — advancing, the uptrend phase, in week 24 (since 5 May 2026). It closed at ₹1,299, 15.0% below its 52-week high and above its 200-day average, which is rising. In Industrials, 25.5% of stocks are in Stage 2.

Paras Defence and Space Technologies Limited designs, develops, manufactures, and tests defense and space engineering products and solutions in India and internationally. More about the company

₹1,298.9
+3.00% today
₹10,467 Cr · Mid cap
Market Neutral — FadingIndustrials 25.5% in Stage 2-2.0 pts / 20dAerospace & Defense Equipments 33.3%-8.3 pts

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

4.4 Watch

Momentum

Steady

Edge

Weak -2.9

Setup-score rank among Stage 2 peers: #4 of 4 in Aerospace & Defense Equipments · #85 of 130 in Industrials

Is PARAS early, or has it already run? Pro answers that for every NSE stock, after every close.

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vs 52W High
-15.0%
₹584.6 lo₹1,527.3 hi
15.0% below 52W high — pullback range
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 24
1w13w26w
Week 24 — proven structure, sweet spot
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
32.0%
200 DMA: ₹984.3 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.60x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↓
MA20 rolling over · -5.1% vs MA50 +2.6%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-1.5%
3M
+10.4%
6M
+67.2%
YTD
+96.5%
1Y
+82.8%
Sector
Industrials
↓ Peaking
Stage 2%
25.5%
20d Δ
-2.0pp
1M return
-0.9%
3M return
-2.5%
Sector Stage-2 % · last 20 days
This stock ranks #27 of 125 Stage 2 stocks in Industrials by RS.
Industry
Aerospace & Defense Equipments
↓ Peaking
Stage 2%
33.3%
20d Δ
-8.3pp
1M return
+5.9%
3M return
+11.7%
Industry Stage-2 % · last 20 days
Ranks #3 of 4 Stage 2 stocks in this industry.
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 18w
S2 15w
S3 15w
S4 17w
S4 16w
S2 24w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 18w → S3 7w → S2 10w → S3 4w → S4 6w → S1 1w → S2 15w → S3 15w → S4 17w → S1 9w → S2 5w → S3 12w → S2 7w → S3 2w → S4 16w → S1 2w → S2 24w current
Total tracked: 167 weeks across 17 stage runs.
Scan Membership
Prop Scan
Latest: 2026-09-23
Pullback Hunter
Latest: 2026-07-22
60 appearances in last 60 days. First seen: 2026-07-10.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-16S2
Wk 24 · Vol 0.60x
2026-10-15S2
Wk 24 · Vol 0.36x
2026-10-14S2
Wk 23 · Vol 0.35x
2026-10-13S2
Wk 23 · Vol 0.37x
2026-10-12S2
Wk 23 · Vol 0.54x
2026-10-09S2
Wk 23 · Vol 0.60x
2026-10-08S2
Wk 23 · Vol 0.44x
2026-10-07S2
Wk 22 · Vol 0.48x
2026-10-06S2
Wk 22 · Vol 0.56x
2026-10-05S2
Wk 22 · Vol 0.45x
2026-10-01S2
Wk 22 · Vol 0.47x
2026-09-30S2
Wk 22 · Vol 0.44x
Sector Peers — Stage 2All →
LOKESHMACH
wk 28 · -8.0% from hi
8.9
SHREEJISPG
wk 17 · 0.0% from hi
8.4
SHIVAUM
wk 28 · 0.0% from hi
8.4
ROSSTECH
wk 31 · -6.1% from hi
8.2
SPECTRUM
wk 19 · -3.3% from hi
8.2
Moving averages & range
50 DMA
₹1,371.6
200 DMA
₹984.3
52W High
₹1,527.3
52W Low
₹584.6
5D Low
₹1,261.1
Resistance levels (recent highs)
20d High
₹1,403.4
60d High
₹1,527.3
120d High
₹1,527.3
250d High
₹1,527.3
Next resistance
+8.0%
to 20d High
P/E (TTM)
77.7
Forward 51.0
Earnings Growth (YoY)
+74.6%
Revenue +57.9%
ROE
+13.1%
Profit margin +18.5%
Dividend Yield
0.06%
P/B 10.2
About this companyIndustrials· Aerospace & Defense Equipments

Paras Defence and Space Technologies Limited designs, develops, manufactures, and tests defense and space engineering products and solutions in India and internationally. The company offers rugged networking and communication, rugged display and computing, and rugged command and control systems; mechanical products, including flow formed tubes; and avionic suites, as well as automated test equipment. It also provides diffractive gratings, Zerodur and metal mirrors, optical domes, gyro blocks, multifold and IR lenses, reflectors and coatings, deployable space antennas, CFRP structures for space applications, lens barrels, and ultra-precision manufacturing products; and rugged wired cabinets, shielded doors, honey comb air vents/filters, command and control console/systems, naval electronic time fuse, acoustic and magnetic sensing products, naval chart, other software modules, turnkey indigo simulator systems, transducer positioning systems and platforms, submarine winches, and titanium assemblies. In addition, the company provides high performance embedded computing systems, substitution sub-systems, tank imaging components and sub-assemblies, turret stabilization systems, tri-pods and quadri-pods, ARRV winch systems, and red dot reflex sight products; and heavy duty antenna mechanical structures, rugged COTS systems, data/video/image processing systems, rugged VME/VPX platforms, and active array radar cooling assemblies, as well as software development and system integration services. Additionally, it offers Electro-Magnetic Pulse shielded rooms and control centers, racks and cabinets, shielded doors, anechoic shielded chambers, EMP filters, shielded air vents and windows, EMP hardened products, and turnkey EMP projects. The company was formerly known as Paras Flowform Engineering Limited and changed its name to Paras Defence and Space Technologies Limited. Paras Defence and Space Technologies Limited was incorporated in 2009 and is based in Navi Mumbai, India

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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.