Paras Defence share price witnessed notable movement in Friday’s trading session, gaining over 4% to ₹698.20 per share. The rally comes on the back of the company’s announcement regarding the divestment of its stake in subsidiary Ayatti Innovative. The market is keeping a close watch, with investors anticipating that this development could affect Paras Defence’s stock in the short term
Market Performance: Paras Defence Today
- Opening Price: ₹674 per share
- Previous Close: ₹670.90
- Intraday High: ₹698.20
- Five-Day Performance: Up nearly 11.31%
- Six-Month Trend: Declined 13.56%
- One-Year Trend: Up 41%
- Five-Year Returns: Up 184%
The stock has shown a volatile trend recently but continues to attract attention for its long-term multibagger potential. Paras Defence is listed on both BSE and NSE, having recorded a 52-week high of ₹971.80 and a 52-week low of ₹401.
Main News: Stake Divestment in Ayatti Innovative
In a recent exchange filing, Paras Defence shared updates on its proposed divestment of a 58.02% equity stake in Ayatti Innovative Private Limited, amounting to 15,20,000 equity shares of ₹10 each.
The company stated:
"Following our previous update on March 28, 2025, we would like to provide the latest status on the proposed divestment of the Company’s equity stake in its subsidiary, Ayatti Innovative Private Limited (‘Ayatti’)."
The due diligence process by prospective buyers is currently underway and is taking additional time. Paras Defence anticipates completing the divestment on or before December 31, 2025. Post-divestment, Ayatti Innovative will cease to be a subsidiary of Paras Defence.
Company Financials: Q2 FY2025 Performance
Paras Defence reported a robust performance in the September quarter, reflecting strong growth across its defence and technology segments:
- Revenue: ₹106 crore, up 21.8% YoY
- Net Profit: ₹21 crore, up 50% YoY from ₹14 crore
- EBITDA: ₹30 crore, up 32% YoY from ₹22.7 crore
The revenue growth was driven by solid execution across its optics, defence electronics, and space engineering segments. EBITDA growth underlines improved operational efficiency and tighter cost management
Paras Defence Share Price Trend
The defence stock has been attracting investor interest, reflected in its performance over various time frames:
- Short-Term Volatility: Shares have fluctuated amid market sentiment.
- Long-Term Gains: The stock has delivered multibagger returns of 184% over five years.
- 52-Week Range: ₹401 – ₹971.80
Despite short-term swings, Paras Defence remains a key player in India’s defence manufacturing space, maintaining visibility among investors due to its diversified operations and strategic developments like the Ayatti stake divestment.
Summary
Paras Defence’s latest announcement regarding the divestment of its stake in Ayatti Innovative has triggered a notable spike in its share price. With strong quarterly results and consistent operational performance across its defence and technology segments, the company continues to maintain investor attention.
While the divestment process is still underway, the update signals a strategic reshaping of the company’s subsidiary portfolio. For the stock market today, Paras Defence remains a stock to watch, reflecting both short-term volatility and long-term growth potential.
Source: Livemint
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