PARACABLES

Paramount Communications Share Price

₹80.86 -3.04 (-3.62%)

28 Dec, 2024 00:23

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Performance

  • Low
  • ₹81
  • High
  • ₹84
  • 52 Week Low
  • ₹63
  • 52 Week High
  • ₹117
  • Open Price₹84
  • Previous Close₹84
  • Volume1,722,377

Investment Returns

  • Over 1 Month + 17.34%
  • Over 3 Month -7.79%
  • Over 6 Month + 11.86%
  • Over 1 Year -12.68%
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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
  • 25.4
  • PEG Ratio
  • 0.5
  • Market Cap Cr
  • 2,466
  • P/B Ratio
  • 4
  • Average True Range
  • 3.96
  • EPS
  • 3.19
  • Dividend Yield
  • 0
  • MACD Signal
  • 2.92
  • RSI
  • 54.69
  • MFI
  • 73.16

Paramount Communications Financials

Paramount Communications Technicals

EMA & SMA

Current Price
₹80.86
-3.04 (-3.62%)
pointer
  • stock-down_img
  • Bullish Moving Average 11
  • stock-up_img
  • Bearish Moving Average 5
  • 20 Day
  • ₹80.04
  • 50 Day
  • ₹77.56
  • 100 Day
  • ₹77.73
  • 200 Day
  • ₹76.57

Resistance and Support

81.91 Pivot Speed
  • R3 87.19
  • R2 85.78
  • R1 83.32
  • S1 79.45
  • S2 78.04
  • S3 75.58

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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 13% and 8% 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 48 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 11 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

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Paramount Communications FAQs

Paramount Communications share price is ₹80 As on 28 December, 2024 | 00:09

The Market Cap of Paramount Communications is ₹2465.7 Cr As on 28 December, 2024 | 00:09

The P/E ratio of Paramount Communications is 25.4 As on 28 December, 2024 | 00:09

The PB ratio of Paramount Communications is 4 As on 28 December, 2024 | 00:09

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Q2FY23