Nirmal Bang revises the stock to Hold and value Paras Defence at 62 times Mar’27E EPS (in line with the 3-year average P/E) to arrive at a target price of Rs 1,517, implying an upside of 11.6%.
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Monday, May 4, 2026
Paras Defence Q4 Results Review: Nirmal Bang Maintains ‘Hold’, Hikes Target Price
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