1:2 Stock Split Incoming: Record Date In 1st Week of July; Why This Defence Stock May Offer Entry Opportunity?

The most advanced Tier 2 defence engineering company in India, Paras Defence and Space Technologies Ltd., provides the most comprehensive array of defence products and solutions. A vast array of products and solutions for defence and space applications is available from Paras Defence & Space Technologies. With more than 40 years of expertise, the firm operates in two business verticals: defence engineering, which includes defence electronics, EMP protection solutions, and heavy engineering, and optics and optronic systems. To mention a few, it works on technologies related to rockets and missiles, space and space research, naval systems, land and armoured vehicles, electronic warfare and surveillance, and electromagnetic shielding.

Paras Defence and Space Technologies Stock Split

By notifying stock exchanges, the company has declared that the Board has chosen Friday, July 4, 2025, as the "Record Date" to determine shareholders' eligibility for sub-division/ split of existing 1 equity share of face value of Rs. 10/ each fully paid up into 2 equity shares of face value of Rs. 5/- each fully paid up as approved by the shareholders via postal ballot on June 07, 2025.

A 1:2 stock split has been announced by the corporation, meaning that if you currently own one share, you will eventually own two shares, each of which will have a face value of Rs 5. You have to own shares prior to the record date and make sure they are in your demat account on or before the record date (July 04, 2025) in order to be eligible.

Closure of Trading Window

"This is to inform you that pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 and as per the "Code of Conduct to Regulate, Monitor and Report Trading by Insiders and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information" of the Company ("Company's Code"), the trading window for dealing in shares of the Company by its Designated Persons and their immediate relatives shall remain closed from July 01, 2025 until 48 hours after the declaration of Unaudited Financial Results of the Company for the quarter ended June 30, 2025," said Paras Defence and Space Technologies in a stock exchange filing.

Paras Defence and Space Technologies Recent News

Leading credit rating agency ICRA Limited recently reaffirmed Paras Defence and Space Technologies Limited's credit ratings. ICRA has upgraded the outlook from "Stable" to "Positive" while maintaining the ratings for the company's short-term and long-term banking facilities, according to the company's regulatory filing on June 16, 2025. In particular, the ratings are [ICRA] A- (Positive) / [ICRA] A2+ for the non-fund based bank guarantees and [ICRA] A- (Positive) for the long-term fund-based overdraft and cash credit facilities.

The company's outstanding standing in the aerospace and defence technology industry is further reinforced by the reaffirmation, thereby contributing to strengthening business fundamentals and operational performance.

Paras Defence Share Price Target

Hardik Matalia - Derivative Analyst at Choice Broking said, "PARAS is currently trading around ₹1,654 and is witnessing a consolidation phase after a sharp rally from lower levels. The recent price action reflects some hesitation near the higher zones, indicating that the stock is facing resistance and supply pressure around the upper end of the consolidation range. This phase of range-bound movement suggests a pause before the next directional move."

"In the near term, traders are advised to wait for a clear breakout on either side to confirm directional bias. A decisive breakout and sustained move above the ₹1,800 level would be a key trigger for renewed bullish momentum and could open the gates for a fresh uptrend. However, on the downside, a breach below the ₹1,550 support zone may result in extended selling pressure and could drag the stock lower toward its previous demand zones," the analyst added.

"The Relative Strength Index (RSI) is currently placed around 56 and is showing early signs of weakness, suggesting a mild downside bias in the immediate term. Until a directional breakout is seen, the momentum is likely to remain muted. Technically, PARAS is trading slightly above its long-term exponential moving average (EMA), but any sustained move below this zone could accelerate selling pressure, thereby weakening the overall structure. The price is currently at a critical juncture, and upcoming sessions will be crucial to determine the next move," Hardik Matalia commented.

"For short-term traders, it is prudent to wait for a confirmed breakout above ₹1,800 for any fresh long positions, ideally supported by volume expansion to validate the move. Entering before confirmation may expose traders to false signals and choppy price action," the analyst recommended.

"Long-term investors who are already holding the stock are advised to consider booking partial profits at current levels and look to re-enter on dips near key support levels. The broader trend remains structurally intact, but the immediate price setup lacks clarity and calls for a more cautious approach," the analyst stated.

"On the downside, the ₹1,550 level acts as an important support. Any dip below this may trigger further downside, while holding above this zone would maintain a neutral-to-positive bias. Overall, the outlook remains neutral with a cautious undertone, with ₹1,800 and ₹1,550 acting as key breakout and breakdown levels respectively," Hardik Matalia further recommended.

"Paras Defence: After a sharp spurt in the month of May 2025. The price has been in a trading range of 1800-1500. The price could see a drop to 1500-1480 over the short-term. We think the price has gone up too far too fast. Buying into a short-term correction would be a better choice in this case," said Manish Shah is a SEBI registered Investment Advisor with registration no. INA000016180.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor GoodReturns. The author, nor the brokerage firm nor GoodReturns would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.