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PARAMOUNT COMMUNICATIONS LTD.-$

PARACABLES | BSE

62.14

INR

-0.84

-1.33%

PARACABLES | BSE

About PARAMOUNT COMMUNICATIONS LTD.-$

Sector

Technology

Industry

Communication Equipment

Earnings date

30/09/2023

As of date

05/12/2023

Close

62.14

Open

63.85

High

63.85

Low

62.00

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.

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PARACABLES | BSE

Risk
36.8%
Sharpe
3.21
Luna's Score
55/100
Recommendation
Hold

Luna says (PARACABLES | BSE)

What's Working

Low Market Beta (-0.4 to 0.8)

Strong Revenue Growth (> 10%)

Strong Sharpe Ratio (> 1.2)

What's not Working

Weakness based on declining price with high volume

Price Below SMA10D

Microcap (<300M USD)

No Dividends (Dividend Yield = 0%)

Weak Operating Margin (< 10%)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

34.9%

1 month

36.8%

3 months

49.1%

6 months

54.9%

Return

Fundamental Ratios

PE

21.23

Fwd. PE

0

Price to book

4.62

Debt to equity

0.38

Debt to assets

0.22

Ent. to EBITDA

24.88

Ent. to rev.

2.21

PEG

0

Other Fundamentals

EBITDA

616.94M

MarketCap

17.37B

MarketCap(USD)

208.53M

Div. yield

0

Op. margin

7.57

Erngs. growth

32.30

Rev. growth

18.80

Ret. on equity

20.06

Short ratio

0

Short perc.

0

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

7.80

Range1M

9.03

Range3M

25.01

Volumes: Market Activity

Rel. volume

1.42

Price X volume

6.04M

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