This stock has surged over 263%; should you invest?

Shares of Paras Defence have surged over 263% or 3.63 times to Rs 636.40 on October 8 from the issue price of Rs 175. That means an investment of Rs 14,875 in one lot is now valued at over Rs 54,000. Should you invest in Paras Defence now? On Money9's show Get Rich, Sakshi Batra and Rahul Oberoi talked about the factors that will give direction to the stock going ahead. It is a Mumbai-based defence engineering company. The company is engaged in designing, developing, manufacturing defence and space engineering products. It has delivered robust results on listing and post-listing. It was listed on October 1. Paras Defence and Space Technologies’ business is highly dependent on projects and programmes that are undertaken by the central government and associated entities, such as defence public sector undertakings and government organisations involved in space research. Watch the full video to know more...