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Paramount Communications NSEI:PARACABLES Stock Report

Last Price

₹79.25

Market Cap

₹24.1b

7D

-0.1%

1Y

109.7%

Updated

23 Apr, 2024

Data

Company Financials

Paramount Communications Limited

NSEI:PARACABLES Stock Report

Market Cap: ₹24.1b

PARACABLES Stock Overview

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.

PARACABLES fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

Paramount Communications Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Paramount Communications
Historical stock prices
Current Share Price₹79.25
52 Week High₹116.85
52 Week Low₹34.15
Beta0.018
1 Month Change13.95%
3 Month Change-24.42%
1 Year Change109.66%
3 Year Change780.56%
5 Year Change502.66%
Change since IPO-64.12%

Recent News & Updates

Recent updates

Paramount Communications Limited (NSE:PARACABLES) Stocks Shoot Up 31% But Its P/E Still Looks Reasonable

Apr 15
Paramount Communications Limited (NSE:PARACABLES) Stocks Shoot Up 31% But Its P/E Still Looks Reasonable

We Think Paramount Communications (NSE:PARACABLES) Can Stay On Top Of Its Debt

Mar 15
We Think Paramount Communications (NSE:PARACABLES) Can Stay On Top Of Its Debt

What You Can Learn From Paramount Communications Limited's (NSE:PARACABLES) P/EAfter Its 27% Share Price Crash

Feb 29
What You Can Learn From Paramount Communications Limited's (NSE:PARACABLES) P/EAfter Its 27% Share Price Crash

Does Paramount Communications (NSE:PARACABLES) Deserve A Spot On Your Watchlist?

Jan 08
Does Paramount Communications (NSE:PARACABLES) Deserve A Spot On Your Watchlist?

Paramount Communications Limited (NSE:PARACABLES) Looks Just Right With A 27% Price Jump

Dec 18
Paramount Communications Limited (NSE:PARACABLES) Looks Just Right With A 27% Price Jump

Increases to CEO Compensation Might Be Put On Hold For Now at Paramount Communications Limited (NSE:PARACABLES)

Sep 22
Increases to CEO Compensation Might Be Put On Hold For Now at Paramount Communications Limited (NSE:PARACABLES)

If EPS Growth Is Important To You, Paramount Communications (NSE:PARACABLES) Presents An Opportunity

Apr 29
If EPS Growth Is Important To You, Paramount Communications (NSE:PARACABLES) Presents An Opportunity

Increases to Paramount Communications Limited's (NSE:PARACABLES) CEO Compensation Might Cool off for now

Sep 23
Increases to Paramount Communications Limited's (NSE:PARACABLES) CEO Compensation Might Cool off for now

Paramount Communications (NSE:PARACABLES) Seems To Use Debt Quite Sensibly

Aug 05
Paramount Communications (NSE:PARACABLES) Seems To Use Debt Quite Sensibly

We Like These Underlying Return On Capital Trends At Paramount Communications (NSE:PARACABLES)

Jun 28
We Like These Underlying Return On Capital Trends At Paramount Communications (NSE:PARACABLES)

Paramount Communications (NSE:PARACABLES) Has A Somewhat Strained Balance Sheet

Mar 30
Paramount Communications (NSE:PARACABLES) Has A Somewhat Strained Balance Sheet

A Look At The Fair Value Of Paramount Communications Limited (NSE:PARACABLES)

Dec 08
A Look At The Fair Value Of Paramount Communications Limited (NSE:PARACABLES)

Returns On Capital Are Showing Encouraging Signs At Paramount Communications (NSE:PARACABLES)

Oct 06
Returns On Capital Are Showing Encouraging Signs At Paramount Communications (NSE:PARACABLES)

Here's Why Paramount Communications (NSE:PARACABLES) Is Weighed Down By Its Debt Load

Aug 05
Here's Why Paramount Communications (NSE:PARACABLES) Is Weighed Down By Its Debt Load

Investors Will Want Paramount Communications' (NSE:PARACABLES) Growth In ROCE To Persist

Jul 01
Investors Will Want Paramount Communications' (NSE:PARACABLES) Growth In ROCE To Persist

These 4 Measures Indicate That Paramount Communications (NSE:PARACABLES) Is Using Debt In A Risky Way

Mar 01
These 4 Measures Indicate That Paramount Communications (NSE:PARACABLES) Is Using Debt In A Risky Way

Will Paramount Communications' (NSE:PARACABLES) Growth In ROCE Persist?

Jan 24
Will Paramount Communications' (NSE:PARACABLES) Growth In ROCE Persist?

Paramount Communications Limited (NSE:PARACABLES) Insiders Increased Their Holdings

Jan 03
Paramount Communications Limited (NSE:PARACABLES) Insiders Increased Their Holdings

Are Paramount Communications's (NSE:PARACABLES) Statutory Earnings A Good Guide To Its Underlying Profitability?

Dec 07
Are Paramount Communications's (NSE:PARACABLES) Statutory Earnings A Good Guide To Its Underlying Profitability?

These 4 Measures Indicate That Paramount Communications (NSE:PARACABLES) Is Using Debt In A Risky Way

Nov 09
These 4 Measures Indicate That Paramount Communications (NSE:PARACABLES) Is Using Debt In A Risky Way

Have Insiders Been Buying Paramount Communications Limited (NSE:PARACABLES) Shares?

Sep 29
Have Insiders Been Buying Paramount Communications Limited (NSE:PARACABLES) Shares?

If You Like EPS Growth Then Check Out Paramount Communications (NSE:PARACABLES) Before It's Too Late

Aug 25
If You Like EPS Growth Then Check Out Paramount Communications (NSE:PARACABLES) Before It's Too Late

Shareholder Returns

PARACABLESIN ElectricalIN Market
7D-0.1%-0.2%-1.6%
1Y109.7%103.9%45.0%

Return vs Industry: PARACABLES exceeded the Indian Electrical industry which returned 103.9% over the past year.

Return vs Market: PARACABLES exceeded the Indian Market which returned 45% over the past year.

Price Volatility

Is PARACABLES's price volatile compared to industry and market?
PARACABLES volatility
PARACABLES Average Weekly Movement8.6%
Electrical Industry Average Movement7.6%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: PARACABLES's share price has been volatile over the past 3 months.

Volatility Over Time: PARACABLES's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1955258Sanjay Aggarwalparamountcables.com

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.

Paramount Communications Limited Fundamentals Summary

How do Paramount Communications's earnings and revenue compare to its market cap?
PARACABLES fundamental statistics
Market cap₹24.08b
Earnings (TTM)₹698.51m
Revenue (TTM)₹9.49b

34.5x

P/E Ratio

2.5x

P/S Ratio

Is PARACABLES overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PARACABLES income statement (TTM)
Revenue₹9.49b
Cost of Revenue₹7.10b
Gross Profit₹2.39b
Other Expenses₹1.70b
Earnings₹698.51m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.30
Gross Margin25.22%
Net Profit Margin7.36%
Debt/Equity Ratio38.0%

How did PARACABLES perform over the long term?

See historical performance and comparison
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