Paras Petrofils Ltd (PARASPETRO) is currently trading at 1.65 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Paras Petrofils Limited (PPL) is primarily engaged in the business of manufacturing nylon and polyester yarn, and trading fabrics. Initially, PPL encountered adverse market conditions leading to operational shutdown, redirecting funds to loans and advances. In the mid-1990s, Paras Petrofils launched a public issue to finance the manufacture of partially oriented polyester filament yarn (POPFY). The project was supported by Swiss technical collaboration and was located in Palsana, Surat. Paras Petrofils started commercial production of partially oriented polyester filament yarn in 1996-97, marking a significant milestone in their manufacturing journey. A key enhancement in their infrastructure includes the installation of a 2 MW natural gas-based captive power plant in 2004-05. This development was pivotal in bolstering their production capabilities.

Over the past 52 weeks, Paras Petrofils Ltd has traded between a low of ₹1.60 and a high of ₹3.25. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Paras Petrofils Ltd has a market capitalization of approximately 54.14. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Paras Petrofils Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of N/A and operates in the Textiles sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

You can buy shares of Paras Petrofils Ltd (PARASPETRO) through any SEBI-registered stockbroker in India. A demat and trading account are required to place buy or sell orders on stock exchanges such as NSE or BSE. Shares are credited to the demat account as per the exchange settlement cycle.

Based on its market capitalization of 54.14 Cr, Paras Petrofils Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Paras Petrofils Ltd operates in the Textiles sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Paras Petrofils Ltd is N/A. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

Paras Petrofils Ltd currently does not pay dividends. Companies that do not pay dividends often reinvest profits to support business growth or strengthen operations.

Key risks associated with Paras Petrofils Ltd include sector-specific challenges in the Textiles industry, regulatory changes, competitive pressures, company-level financial performance, overall market volatility, and broader macroeconomic factors that can impact stock prices.