Strota/ Newsroom/ 2026-09-28

PARAS (PARAS): Order Win

Strota Newsroom · session of 2026-09-28 · 28 Sep 13:25 · PARAS stock page →

We are pleased to inform that PARAS has received an order from the Defence Research and Development Organisation (DRDO),… Historically, order win events have moved PARAS-type stocks in the bullish direction 72.0% of the next sessions (n=50).

Paras Defence and Space Technologies informed the exchange on 28 Sep 13:25 that it has received an order from the Defence Research and Development Organisation (DRDO), Ministry of Defence, valued at approximately Rs.26.59 crore including taxes. The filing is classified on the pack as an Order Win with a bullish event bias. Same-day headlines from HDFC Sky, Business Today and Kalkine India repeated the Rs.26.59 crore / ₹26.59 Crore DRDO order; HDFC Sky also said shares fell 1.02 percent, while Business Today described shares gaining on the order despite a weaker market — the pack therefore carries conflicting same-day price colour around a single confirmed order size.

Historically, events labelled like this order-win type in the pack's reaction sample of n 50 have shown a win_rate of 72.0 percent and a net_edge_pct of 1.6. That is a base rate across past similar events, not a prediction for this print. The Nifty was down 1.56 percent on the as_of date, so any stock-level reaction sat against a soft broad tape.

Valuation fields on the pack show mcap_cr of 10597.0, pe of 111.82, pb of 14.59, eps of 11.76 and div_yield_pct of 0.08. Recent institutional tickets from 2026-06-19 include two-sided flow from JUNOMONETA FINSOL PRIVATE LIMITED and HRTI PRIVATE LIMITED in the 116.27 to 137.81 crore range, which reads as intermediary turnover rather than a fresh post-order accumulation print.

What the data establishes is a confirmed DRDO order of approximately Rs.26.59 crore and a historically constructive order-win base rate of win_rate 72.0 on n 50. What it does not establish is a clean same-day price consensus or that this single order will move the 10597.0 crore mcap in a measurable way on its own.

The catalyst

We are pleased to inform that PARAS has received an order from the Defence Research and Development Organisation (DRDO), Ministry of Defence, valued at approximately Rs.26.59 crore (including taxes) (filing · NSE)

What the data shows after this event

Across Strota's backtest of past filings, Order Win tends to continue — the move went bullish in about 72.0% of next sessions (net 1.6% after drift and cost, n=50). A base rate, not a forecast for this stock.

PARAS right now

P/E 111.82. Full PARAS analysis →

Sources

We are pleased to inform that PARAS has received an order from the Defence Research and Development Organisation (DRDO), Ministry of Defence, valued at approximately Rs.26.59 crore (including taxes) — NSE
Paras Defence Gets ₹26.59 Crore DRDO Order; Shares Fall 1.02% — HDFC Sky
Despite market crash, Paras Defence shares gain on DRDO order win — Business Today
Paras Defence NSE:PARAS Wins Rs 26.59 Cr DRDO Order — Kalkine India
Paras Defence and Space Technologies Ltd is Rated Hold — MarketsMojo

Keep digging

PARAS — full smart-money page: F&O positioning, deals, insider filings and option chain in one place.
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Newsroom: the other stocks in play this session.

How this article was made: Strota assembled the exchange data above (prices, F&O open interest, bulk/block deals, SEBI PIT filings, indicator readings and public headlines) and an AI model wrote the narrative strictly from that evidence — it is not permitted to add outside facts or numbers. Every figure comes from the underlying exchange/public data.