Paras double within a year prediction

Will Paras Defence break above the Greenline and sustain its momentum, potentially doubling in value? I remain highly optimistic about the stock. The Indian government’s increasing defence budget—₹6.21 lakh crore in FY25, with a significant allocation toward indigenization and modernization—along with an export-driven policy framework, is expected to drive substantial growth in the defence sector. Paras Defence & Space Technologies stands out due to its strong management team and ambitious goal of becoming a market leader in anti-drone combat systems. Moreover, the company plays a strategic role in India’s space ecosystem by supplying advanced sensors and specialized technologies to ISRO, further reinforcing its growth potential in both defence and space technology segments.

So, we are talking about 5K-6K Cr. Company becoming 10K-12K Cr. Company. Buy, hold and wait patiently.