Paras Defence Share Price Falls Over 2% on November 19

Paras Defence share price moved lower on November 19 after a recent upward streak. Over five trading sessions, the stock gained 2.13%. It is up 0.99% over one month but has declined 15.85% over the past six months. On a broader horizon, Paras Defence has gained 47.01% over one year and 191.82% over the past five years.

DRDO Order

Paras Defence had, on November 17, disclosed a ₹71.68 crore order from IRDE DRDO for supplying two optronic periscopes for submarine use. The order was reported under Regulation 30 of SEBI Listing Regulations and is scheduled for execution between August and September 2026.

The disclosure was filed with BSE (scrip code 543367) and NSE (symbol PARAS) in compliance with SEBI’s Master Circular issued on November 11, 2024. Paras Defence stated that the contract aligns with its precision optics and electro-optic systems portfolio for strategic defence applications.

Board Approvals

The re-appointment of Mr Suresh Katyal as a Non-Executive Independent Director for a second five-year term has been approved. His new term will begin on January 5, 2026, subject to shareholder approval.

A postal ballot has been initiated to obtain shareholder approval for Mr Katyal’s re-appointment. E-voting will be open from November 20 to December 19, 2025.

Q2 FY26 Results and Operational Metrics

For Q2 FY26, the company reported consolidated revenue from operations of ₹105.72 crore, an increase of 21% year-on-year and 13% quarter-on-quarter.

Total income rose to ₹108 crore, up 22% year-on-year. Profit before tax stood at ₹26.58 crore, reflecting 46% year-on-year growth and a 37% sequential rise.

Paras Defence Share Price Performance

On November 19, 2025, Paras Defence share price opened at ₹738.60, compared to the previous close of ₹736.10. During the session, the stock touched a high of ₹739.70 and a low of ₹717.35. At 2:09 PM IST, it was trading at ₹718.85, down by 2.34%.

The stock recorded a traded volume of 4.24 lakh shares and a traded value of ₹30.80 crore on the NSE. The market capitalisation stood at ₹5,782.95 crore. Over the past 52 weeks, it has hit a high of ₹972.50 and a low of ₹404.70. The stock is currently trading at a P/E ratio of 96.19.

Read More: Paras Defence Share Price in Focus After Securing Order Worth ₹71.68 Crore.

Conclusion

Paras defence share price declined on November 19 after recent gains, while the stock continues to reflect movement independent of the DRDO order disclosed earlier on November 17. Market participants will continue to track upcoming execution timelines and financial performance for further cues.

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