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Paramount Communications Limited
PARACABLES | NSE
33.56
INR0.27
0.81%
PARACABLES | NSE
About Paramount Communications Limited
Sector
Technology
Industry
Communication Equipment
Earnings date
31/03/2024
As of date
05/03/2026
Close
33.56
Open
33.30
High
34.24
Low
32.83
Paramount Communications Limited together with its subsidiaries engages in the manufacture and sale of wires and cables to public and private sector companies in India. The company provides power cables including high tension and low tension power and aerial bunch cables; screened and unscreened type control cables; instrumentation cables for process control A/D converters and other microprocessor based instrumentation circuits; and thermocouple extension and compensating cables for connecting thermocouples to control and measurement devices. It also offers telecom cables such as optical fiber jelly filled switched board fiber to the home and installation cables as well as buried service and jumper wires. In addition the company provides underground railway signaling and quad axle counter cables optical fiber cables and specialized instrumentation cables for underground and elevated metro projects; fire survival XLPE multicore round solar PTFE and special cables; and building and PVC wires. Further it offers turnkey services for construction design supply engineering and installation testing and commissioning. The company sells its products under the Paramount Cables brand name. It serves power railways telecom IT and communications construction defense space research electronics export specialized turnkey renewable and oil and gas sectors. Paramount Communications Limited was founded in 1955 and is based in New Delhi India.
View LessPARACABLES | NSE
Risk
80.7
Sharpe
-1.10
Luna's Score
55/100
Recommendation
Hold
Luna says (PARACABLES | NSE)
What's Working
Low Market Beta (-0.4 to 0.8)
Low Debt to Equity (< 0.25)
Low Debt to Asset (< 0.2)
Strong Revenue Growth (> 10%)
What's not Working
Price Below SMA10D
Microcap (<300M USD)
Weak Operating Margin (< 10%)
Weak Sharpe Ratio (< 0.3)
Volatility Signals
Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.
Risk Meter
10 days
28.7%1 month
80.7%3 months
60.3%6 months
46.3%Returns
Fundamental Ratios
PE
22.21
Fwd. PE
-
Price to book
3.79
Debt to equity
0.16
Debt to assets
0.12
Ent. to EBITDA
24.97
Ent. to rev.
2.29
PEG
-
Other Fundamentals
EBITDA
994.23M
MarketCap
10.39B
MarketCap(USD)
113.01M
Div. yield
-
Op. margin
7.48
Erngs. growth
15.30
Rev. growth
52.50
Ret. on equity
18.59
Short ratio
-
Short perc.
-
Market Sentiment (SMA and Price signals)
Short-term: Bearish (SMA10D < SMA1M)
Intermediate-term: Bullish (SMA1M > SMA3M)
Long-term: Bearish (SMA6M < SMA12M)
SMAs: Stock Price Trends
Range10D
4.82
Range1M
8.89
Range3M
11.38
Volumes: Market Activity
Rel. volume
0.62
Price X volume
20.63M
Peers
Diversifiers
Industry Comparison
| Parameter | Company | Industry | Indicator |
|---|---|---|---|
| Enterprise to EBITDA | 24.97 | 2.34 | Expensive |
| Ent. to Revenue | 2.29 | 9.67 | Cheaper |
| PE Ratio | 22.21 | 46.33 | Cheaper |
| Price to Book | 3.79 | 5.35 | Cheaper |
| Dividend Yield | - | 0.57 | - |
| Std. Deviation (3M) | 60.32 | 49.84 | Riskier |
| Debt to Equity | 0.16 | 0.67 | Cheaper |
| Debt to Assets | 0.12 | 0.29 | Cheaper |
| Market Cap | 10.39B | 62.49B | Emerging |
