PARACABLES

Paramount Communications Share Price

₹84.91 -0.59 (-0.69%)

21 Dec, 2024 18:23

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Performance

  • Low
  • ₹84
  • High
  • ₹90
  • 52 Week Low
  • ₹63
  • 52 Week High
  • ₹117
  • Open Price₹88
  • Previous Close₹86
  • Volume10,101,901

Investment Returns

  • Over 1 Month + 27.17%
  • Over 3 Month -8.82%
  • Over 6 Month + 16.52%
  • Over 1 Year + 1.57%
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Paramount Communications Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 26.7
  • PEG Ratio
  • 0.5
  • Market Cap Cr
  • 2,589
  • P/B Ratio
  • 4.1
  • Average True Range
  • 4.2
  • EPS
  • 3.19
  • Dividend Yield
  • 0
  • MACD Signal
  • 2.33
  • RSI
  • 66.7
  • MFI
  • 90.18

Paramount Communications Financials

Paramount Communications Technicals

EMA & SMA

Current Price
₹84.91
-0.59 (-0.69%)
pointer
  • stock-down_img
  • Bullish Moving Average 16
  • stock-up_img
  • Bearish Moving Average 0
  • 20 Day
  • ₹78.43
  • 50 Day
  • ₹76.54
  • 100 Day
  • ₹77.25
  • 200 Day
  • ₹76.29

Resistance and Support

86.4 Pivot Speed
  • R3 94.51
  • R2 92.30
  • R1 88.61
  • S1 82.71
  • S2 80.50
  • S3 76.81

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Paramount Communications Ltd. is a leading manufacturer of communication cables and fiber optic solutions in India. The company specializes in producing high-quality telecom cables, power cables, and specialty cables, focusing on innovation, quality, and sustainability to meet industry demands.

Paramount Communications has an operating revenue of Rs. 1,284.57 Cr. on a trailing 12-month basis. An annual revenue growth of 33% is outstanding, Pre-tax margin of 8% is okay, ROE of 13% is good. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 16% and 10% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 62 which is a FAIR score but needs to improve its earnings, a RS Rating of 44 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 12 indicates it belongs to a strong industry group of Telecom-Fiber Optics and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Paramount Communications Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-10-26 Quarterly Results
2024-08-08 Quarterly Results
2024-05-24 Audited Results
2024-02-03 Quarterly Results
2023-12-18 Others To consider Fund Raising through issue of securities

Paramount Communications F&O

Paramount Communications Shareholding Pattern

49.07%
2.21%
37.01%
11.71%

About Paramount Communications

  • NSE Symbol
  • PARACABLES
  • BSE Symbol
  • 530555
  • Managing Director
  • Mr. Sandeep Aggarwal
  • ISIN
  • INE074B01023

Similar Stocks to Paramount Communications

Paramount Communications FAQs

Paramount Communications share price is ₹84 As on 21 December, 2024 | 18:09

The Market Cap of Paramount Communications is ₹2589.2 Cr As on 21 December, 2024 | 18:09

The P/E ratio of Paramount Communications is 26.7 As on 21 December, 2024 | 18:09

The PB ratio of Paramount Communications is 4.1 As on 21 December, 2024 | 18:09

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Q2FY23