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Paramount Communications Limited

PARACABLES | NSE

75.53

INR

-1.25

-1.63%

PARACABLES | NSE

About Paramount Communications Limited

Sector

Technology

Industry

Communication Equipment

Earnings date

31/03/2024

As of date

18/10/2024

Close

75.53

Open

76.20

High

76.69

Low

74.00

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 | NSE

Risk
42.7
Sharpe
0.27
Luna's Score
52/100
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

Negative Momentum (Declining Price)

Price Below SMA10D

Microcap (<300M USD)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

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

Risk Meter

10 days

45.2%

1 month

42.7%

3 months

48.8%

6 months

46.4%

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

23.03B

MarketCap(USD)

277.53M

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

12.20

Range1M

24.78

Range3M

31.43

Volumes: Market Activity

Rel. volume

0.56

Price X volume

128.54M

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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)48.7849.84Par
Debt to Equity0.160.67Cheaper
Debt to Assets0.120.29Cheaper
Market Cap23.03B62.49BEmerging
  • 1

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