PARACABLES

Paramount Communications Share Price

₹65.51 -1.26 (-1.89%)

21 Nov, 2024 14:43

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Performance

  • Low
  • ₹65
  • High
  • ₹67
  • 52 Week Low
  • ₹61
  • 52 Week High
  • ₹117
  • Open Price₹67
  • Previous Close₹67
  • Volume692,395

Investment Returns

  • Over 1 Month -13.27%
  • Over 3 Month -18.12%
  • Over 6 Month -10.32%
  • Over 1 Year + 6%
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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
  • 20.6
  • PEG Ratio
  • 0.4
  • Market Cap Cr
  • 1,998
  • P/B Ratio
  • 3.2
  • Average True Range
  • 3.29
  • EPS
  • 3.19
  • Dividend Yield
  • 0
  • MACD Signal
  • -2.86
  • RSI
  • 35.72
  • MFI
  • 46.26

Paramount Communications Financials

Paramount Communications Technicals

EMA & SMA

Current Price
₹65.51
-1.26 (-1.89%)
pointer
  • stock-down_img
  • Bullish Moving Average 0
  • stock-up_img
  • Bearish Moving Average 16
  • 20 Day
  • ₹71.03
  • 50 Day
  • ₹75.64
  • 100 Day
  • ₹77.73
  • 200 Day
  • ₹76.37

Resistance and Support

67.14 Pivot Speed
  • R3 70.92
  • R2 69.78
  • R1 68.28
  • S1 65.64
  • S2 64.50
  • S3 63.00

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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 trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. 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 22 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 73 indicates it belongs to a poor industry group of Telecom-Fiber Optics and a Master Score of D is close to being the worst. 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 ₹65 As on 21 November, 2024 | 14:29

The Market Cap of Paramount Communications is ₹1997.6 Cr As on 21 November, 2024 | 14:29

The P/E ratio of Paramount Communications is 20.6 As on 21 November, 2024 | 14:29

The PB ratio of Paramount Communications is 3.2 As on 21 November, 2024 | 14:29

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