Paras Defence share price hits ₹1,348 record in 2026

Record high in June 18 intraday trade

Paras Defence and Space Technologies hit a fresh record high in intraday deals on Thursday, June 18, with the stock rising nearly 5% to ₹1,348. The move extended a winning streak to a second straight session. The previous session had already delivered a sharp jump of about 18%, taking the stock into the spotlight among listed defence names. The rally has played out against a backdrop of rising interest in domestic defence manufacturing. The company is categorised under the Miscellaneous sector and Defence industry. Paras Defence is listed as a small-cap stock, trading on NSE under PARAS and on BSE under 543367.

The latest price snapshot and recent volatility

A quoted market snapshot for June 17, 2026 at 9:31 pm IST showed Paras Defence at ₹1,285.65, up ₹196.30 or 18.02%. The same snapshot cited a day’s low of ₹1,091.70 and a day’s high of ₹1,302.00. This range underlines how quickly price discovery has been happening during the current run. Separately, another data point noted that as of June 16 the stock price was ₹1,089.35, after a decline following two days of gains and underperforming its sector. That note also flagged that the stock’s high valuation may be contributing to selling pressure. The combination of strong momentum and intermittent pullbacks suggests traders are reacting to both trend strength and valuation sensitivity.

How far the stock has run from its low

The rally looks even sharper when compared with the recent bottom. Paras Defence shares are stated to be up 132% from their 52-week low of ₹580, which was touched in March 2026. Such a move in a short span typically changes the risk profile for new buyers, even if long-term holders benefit. The stock’s rise has also been described as supported by broad-based technical strength, with mentions of a 52-week high near ₹1,150 in earlier updates as momentum built across timeframes. Subsequent updates put the stock’s milestones higher, including all-time highs and new 52-week highs in mid-June.

Returns across timeframes (as reported)

The article data includes multiple return sets from different observation dates. One set states the stock has gained 31% in the past week, 75% in one month, 99% in three months, and 111% in six months, with a one-year gain of 59%. Another set cites an 11.60% gain over the past week and a 33.87% rise in the last month, with a 60.22% gain over three months and a one-year return of 35.84%. It also reports year-to-date gains of 56.63%, while the Sensex declined 11.77% over the same period. Over three years, Paras Defence is stated to have returned 281.17% versus the Sensex’s 19.87%.

Key milestones in June: 12th, 17th, and 18th

Several dated milestones were highlighted. On June 12, 2026, Paras Defence surged to an intraday high of ₹1,064.7 and closed near ₹1,066, described as just 0.17% shy of its peak at that time. On June 17, 2026, the stock reportedly rose 6.41% to close at ₹1,159.20, marking a fresh all-time high and outpacing the Sensex by over 6 percentage points. Another update said it touched a fresh 52-week high of ₹1,169.8 on June 17. On June 18, the stock moved to an even higher record of ₹1,348 intraday, extending the strong run.

Financial performance: profit growth and quarterly numbers

The company’s profit performance is repeatedly cited as a key support. Paras Defence and Space Technologies’ net profit jumped 74.34% year-on-year to ₹34.38 crore in Q4 FY2025-26 (as stated). A separate metrics summary for Q1 2026 reported net sales of ₹171 crore and net profit of ₹34 crore, alongside a market capitalisation of ₹8,122 crore. The same snapshot cited a P/E ratio of 98.00 and a return on equity of 11.82%. Another referenced commentary described a 59% year-on-year rise in sales to ₹171 crore and said net profit surged 64% to “almost ₹39 crore,” which differs from the ₹34 crore figure in the metrics snapshot.

Business profile and operating segments

Paras Defence operates across five verticals: defence and space optics, defence electronics, heavy engineering, electromagnetic pulse protection solutions, and niche technologies. The company designs, manufactures, and tests mission-critical products for defence and space applications. The broader context in the article points to an expanding domestic defence manufacturing landscape, which has supported investor interest across the segment. Strong quarterly results and operational metrics are cited as key drivers behind the rally. At the same time, the note about valuation pressure suggests the market is also weighing how much growth is already priced in.

Orders, partnerships, and triggers investors have tracked

Beyond earnings, the article data references specific developments that have moved the stock in earlier periods. Paras Defence shares rose after an MoU with Korea’s Green Optics, with the stock settling 5.95% higher at ₹676.25 on the day referenced. Another event noted that the company’s subsidiary, Paras Anti-Drone Technologies Private Limited, received an order worth ₹46.19 crore (including GST) from the Ministry of Defence for anti-drone systems such as drone jammers. That contract was expected to be executed by March 2026, per the regulatory filing cited. Such order and partnership news has often acted as an immediate catalyst for defence-sector stocks.

Ownership and shareholder mix

The shareholder details in the article data show a mixed investor base. Top holders include promoter Munjal Sharad Shah with 24.47%, 10 mutual fund schemes holding 1.98%, and 66 foreign institutional investors holding 7.28%. The Abu Dhabi Investment Authority - Monsoon is named as the largest public shareholder with 3.54%. Individual investors collectively own 30.54% of the shares. Separately, the article also states that promoters held a 53.20% stake as of December 2025.

Key figures at a glance

Market impact: what the rally is signalling

Paras Defence was described as the biggest gainer among listed defence stocks in one of the sessions, rallying over 18% to around ₹1,286.55. The sharp gains, multiple record highs, and repeated references to technical strength point to strong risk appetite for select defence names. At the same time, the article data explicitly notes valuation as a potential reason for selling pressure after short bursts of gains. Investors also appear to be tracking a combination of quarterly profit growth, order wins, and sector-wide momentum. The varied return figures across different dates reinforce that the stock has moved quickly, and performance snapshots can change materially within weeks.

Why the moves matter: combining earnings, orders, and valuation

The key takeaway from the information provided is that Paras Defence’s price action has not been driven by a single trigger. Profit growth in Q4 FY2025-26, reported quarterly sales and profit metrics, and developments like the MoD order and the Green Optics MoU have all featured in the narrative. The valuation indicator cited, including a P/E of 98, provides context for why the stock can see sudden bouts of selling even within a strong uptrend. For a small-cap defence stock, such sharp moves can amplify both momentum and drawdowns. The next market focus, based on the timeline provided, remains anchored to how the company sustains growth and executes on announced orders.

Conclusion

Paras Defence’s run to an intraday record of ₹1,348 on June 18, 2026 caps an exceptionally strong stretch that included an 18% session jump and fresh all-time highs earlier in the month. The article data links the rally to profit growth, reported quarterly metrics, and defence-sector momentum, while also flagging valuation as a factor influencing intermittent selling. Key reference points for investors remain the March 2026 low of ₹580, mid-June all-time highs, and the company’s order and partnership announcements. Future attention is likely to stay on quarterly results, order execution timelines, and whether the stock can sustain gains amid high valuation levels that have been explicitly noted.