Paramount cablesStock/company and came out to Good and stock Price is still looking undervalued according to the companies growth and results. New entries can be Taken
3.06INR
477.68 MINR
7.87 BINR
122.79 M
About PARAMOUNT COMMUNICATIONS LTD.
Sector
Industry
CEO
Sanjay Aggarwal
Website
Headquarters
New Delhi
Employees (FY)
258
Founded
1955
ISIN
INE074B01023
FIGI
BBG000BFRBD5
Paramount Communications Ltd. engages in the manufacture and distribution of cables and wires. Its products include HT power cables, optical fibre cables, jumper wires, unscreened type, solar wire, multicore cables, and thermocouple. The company was founded by Shyam Sunder Aggarwal in 1955 and is headquartered in New Delhi, India.
PARAMOUNT COMMUNICATIONS - FII'S HOLDINGS INCREASEDCan enter at CMP 110 or Enter at 98 level
if again falls then you need to average at 76 level
Targets - 135, 157+
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters
Paramount Communications Ltd (PARACABLES) Weekly Chart AnalysisPARACABLES has given a breakout on weekly chart with huge volume spike we can consider this stock at current market price 111 for long term positional basis trade.
Delivery Buy Paracables cmp 62.20 - 43% Upside PotentialShort Term Delivery Buy
PARACABLES cmp 62.20
Target 72,78,89
43% Upside Potential
trading on the support and can break the monthly resistance to make a new high
PARACABLES - Paramount Communications - Buy OpportunityAs per previouse chart history and trend analysis alongwith technical analysis, I suggest to plan to buy this stock Paracables - Paramount Communications at the points give below and also mentioned on the chart itlse.
Safe Buy Above 98.70
RED Zone is No Trading Zone
Buy At 84.15
Buy Again at
Watch 76 above Breakout stock
Paramount Communications Ltd is engaged in manufacturing of Wires and Cables comprising of power cables, telecom cables, railway cables and specialised cables.
Product Segments
Power: LT & HT Power Cables, LT & HT Aerial Bunch Cables, Control Cables, Instrumentation Cables.
Teleco
Paramount Communications LtdBUY - HOLD FOR LONGTERM - POTENTIAL TO GROW 5 to 10 X from here
STOPLOSS - MENTIONED IN CHART
Market Cap
₹ 934 Cr.
Current Price
₹ 41.9
Stock P/E
19.6
Book Value
₹ 15.2
Dividend Yield
0.00 %
ROCE
13.0 %
ROE
19.2 %
Face Value
₹ 2.00
Promoter holding
63.9 %
EPS last year
₹ 2.46
EPS lat
Paramount Communications- Fundamental➢ Paramount Communications Ltd is engaged in manufacturing of Wires& Cables comprising of power cables, telecom cables, railway cables and specialised cables
➢ Completely in cable manufacturing with good capex investments &3 factories across India.
➢ Product line consists of a complete range
➢ P
buy paramountparamount has given weekly breakout at 10.20. we can see 14/15 in coming days. view negated below 9
Paramount Communication ParaCablesGet ready for a big breakout on ParaCables with target of Rs 28 and beyond
A perfect Cup and Handle formation on the stock
Buy initiate above Rs.10.63 only.
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
Frequently Asked Questions
The current price of PARACABLES is 78.61 INR — it has decreased by 1.85% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange PARAMOUNT COMMUNICATIONS LTD. stocks are traded under the ticker PARACABLES.
PARAMOUNT COMMUNICATIONS LTD. is going to release the next earnings report on May 8, 2024. Keep track of upcoming events with our Earnings Calendar.
PARACABLES stock is 3.79% volatile and has beta coefficient of 1.53. Check out the list of the most volatile stocks — is PARAMOUNT COMMUNICATIONS LTD. there?
Yes, you can track PARAMOUNT COMMUNICATIONS LTD. financials in yearly and quarterly reports right on TradingView.
PARACABLES stock has fallen by 7.19% compared to the previous week, the month change is a 14.28% rise, over the last year PARAMOUNT COMMUNICATIONS LTD. has showed a 123.96% increase.
PARACABLES net income for the last quarter is 220.27 M INR, while the quarter before that showed 194.89 M INR of net income which accounts for 13.02% change. Track more PARAMOUNT COMMUNICATIONS LTD. financial stats to get the full picture.
Today PARAMOUNT COMMUNICATIONS LTD. has the market capitalization of 22.53 B, it has increased by 23.32% over the last week.
No, PARACABLES doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, PARACABLES shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade PARAMOUNT COMMUNICATIONS LTD. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 20, 2024, the company has 258.00 employees. See our rating of the largest employees — is PARAMOUNT COMMUNICATIONS LTD. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So PARAMOUNT COMMUNICATIONS LTD. technincal analysis shows the sell today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating PARAMOUNT COMMUNICATIONS LTD. stock shows the buy signal. See more of PARAMOUNT COMMUNICATIONS LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. PARAMOUNT COMMUNICATIONS LTD. EBITDA is 734.38 M INR, and current EBITDA margin is 5.26%. See more stats in PARAMOUNT COMMUNICATIONS LTD. financial statements.