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Paramount Communications Limited

PARACABLES | NSE

36.75

INR

-1.32

-3.47%

PARACABLES | NSE
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About Paramount Communications Limited

Sector

Technology

Industry

Communication Equipment

Earnings date

31/03/2024

As of date

24/04/2026

Close

36.75

Open

38.64

High

38.64

Low

36.30

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 | NSE

Risk
79.0
Sharpe
-0.68
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

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10 days

45.2%

1 month

79.0%

3 months

73.6%

6 months

56.9%

Returns

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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

11.37B

MarketCap(USD)

119.18M

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: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

6.93

Range1M

13.09

Range3M

13.10

Volumes: Market Activity

Volume Averages

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Rel. volume

0.52

Price X volume

20.78M

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  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA24.972.34Expensive
Ent. to Revenue2.299.67Cheaper
PE Ratio22.2146.33Cheaper
Price to Book3.795.35Cheaper
Dividend Yield-0.57-
Std. Deviation (3M)73.5649.84Riskier
Debt to Equity0.160.67Cheaper
Debt to Assets0.120.29Cheaper
Market Cap11.37B62.49BEmerging
  • 1

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