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 TakenLongby SamratSinghYadav5
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 before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍Longby Jagadheesh_JP17
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.Longby TITC0
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 highLongby MaideenUpdated 9919
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 79.75 Make Average at 75.35 Buy Maximum above 69.50 or wait for reversal above the ZONE 60.50-69.50 I am not suggesting anyone to buy this stock, this is my personal opinion. Do your own research before entering into stock buying/selling. I am not SEBI registered person and this is my own personal opinion about the stock. Thanks for supporting as always Longby ForexTrader4all4
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. Telecom: Optical Fiber Cable (OFC) & FTTH Jelly Filled Cables, CATV Cables. Railways: Signalling Cables, Railway Power Axle Counter Cables. Special Products: PTFE & Thermocouple Cables, Quad Cables Fire Survival Cables, Solar Cables. EPC Services: Telecom Consultancy & EPC, Power & Railway EPC Turnkey Projects, Specialized Projects OPGW, Submarine Cables Installation & repair. Change in Promoter holdings The Promoter holdings have increased from 51.58% in FY17 to 62.12% in FY21 through a set of preferential allotments during FY18 & FY19, Open market acquisitions during FY20 and conversion of warrants in FY21. Longby Mukesh-1
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 latest quarter ₹ 0.71 Debt ₹ 160 Cr. Pledged percentage 26.5 % Net CF ₹ 16.6 Cr. Price to Cash Flow 84.2 Free Cash Flow ₹ 2.65 Cr. Debt to equity 0.54 OPM last year 6.02 % OPM 5Year 5.54 % Reserves ₹ 256 Cr. Price to book value 2.74 Int Coverage 7.65 PEG Ratio 0.46Longby madhu2811Updated 6620
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 ➢ Power: LT & HT Power Cables, LT & HT Aerial Bunch Cables, Control Cables, Instrumentation Cables. ➢ Telecom: Optical Fiber Cable (OFC) & FTTH Jelly Filled Cables, CATV ➢ Railways: Signalling Cables, Railway Power Axle Counter Cables. ➢ Special Products: PTFE & Thermocouple Cables, Quad Cables Fire Survival Cables, Solar Cables. ➢ EPC Services: Telecom Consultancy & EPC, Power & Railway EPC Turnkey Projects, Specialized Projects OPGW. ➢ What is the price to be invested Current Market Price -36.60 Investment Price -35-40. Investment value should not exceed 20,000/- Stoploss Exit Price – 21 Target – 126 ➢ Before investing please understand the risk involved and consult your financial advisor.Longby Microcap_Investor3
buy paramountparamount has given weekly breakout at 10.20. we can see 14/15 in coming days. view negated below 9 Longby viralmodiUpdated 1
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.Longby TristarTrading1