
Paras Defence share price rallied as much as 10% during intraday trade on June 19, 2026, extending gains for the 3rd consecutive trading session. The stock touched an intraday high of ₹1,443 before trading at ₹1,404.60, up 7.20%, around 1:00 pm.
The latest rally has taken the stock gains to over 30% over the last 3 trading sessions, while trading activity remained elevated with 68.39 lakh shares changing hands, resulting in a turnover of nearly ₹940 crore.
Paras Defence share price has emerged as one of the notable gainers in the defence sector over multiple time frames.
As of June 19, 2026, Paras Defence share price delivered returns of 27.96% in the last 1 week, 83.97% in the last 1 month, 105.26% on a year-to-date basis and 72.03% over the last 1 year.
Over the last 6 months, the stock has gained around 120%.
Investor sentiment has been supported by developments in India's defence manufacturing sector.
Earlier this year, the Ministry of Defence stated that indigenous defence production reached ₹1.78 lakh crore in FY26, up 15.6% from ₹1.54 lakh crore in FY25. Compared with FY21 production of ₹84,643 crore, domestic defence production has more than doubled.
Public sector undertakings accounted for nearly 76% of total production, while the private sector contributed around 24%, with production reaching ₹42,000 crore during FY26.
Foreign institutional investor participation has also increased despite broader FII selling in the market. FII holding in Paras Defence has increased from 3.46% to 5.06%.
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Paras Defence reported a consolidated order book of ₹986 crore as of March 2026, compared with ₹928 crore in March 2025.
The order book has expanded steadily over the years, rising from ₹215.1 crore in March 2021 to ₹986 crore in March 2026.
The order book comprises 55% Optics and Optronic Systems, 35% Defence Engineering, and 10% Anti-Drone solutions.
Paras Defence share price extended its rally for the 3rd consecutive trading session on June 19, 2026, taking its gains to around 28% during the period. The stock has also delivered strong returns across multiple time frames while investors continue to track developments in India's defence manufacturing sector and the company's order book position.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Jun 19, 2026, 1:12 PM IST

Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
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