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Subscribe to Paras Defence and Space Technologies: Motilal Oswal

Motilal Oswal has come out with its report on Paras Defence and Space Technologies. The research firm has recommended to ''Subscribe'' the ipo in its research report as on September 21, 2021.

September 21, 2021 / 01:21 PM IST
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Representative image

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Motilal Oswal IPO report on Paras Defence and Space Technologies

Paras Defence (PDSTL) is one of the leading ‘Indigenously Designed Developed and Manufactured’ (IDDM) category private sector companies engaged in designing, developing, manufacturing and testing of a wide range of defence and space engineering products and solutions.

Valuation and Outlook

Hence we recommend Subscribe. Further given the current buoyant market and high interest for defence stocks, the issue could see listing gains as well.

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