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Paramount Communications NSEI:PARACABLES Stock Report

Last Price

₹75.53

Market Cap

₹23.1b

7D

-4.4%

1Y

26.8%

Updated

18 Oct, 2024

Data

Company Financials

Paramount Communications Limited

NSEI:PARACABLES Stock Report

Market Cap: ₹23.1b

PARACABLES Stock Overview

Engages in the manufacture and sale of wires and cables to 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₹75.53
52 Week High₹116.85
52 Week Low₹51.50
Beta-0.041
11 Month Change-21.33%
3 Month Change3.72%
1 Year Change26.83%
33 Year Change506.67%
5 Year Change804.55%
Change since IPO-65.81%

Recent News & Updates

Paramount Communications Limited's (NSE:PARACABLES) CEO Compensation Is Looking A Bit Stretched At The Moment

Sep 13
Paramount Communications Limited's (NSE:PARACABLES) CEO Compensation Is Looking A Bit Stretched At The Moment

Here's Why We Think Paramount Communications (NSE:PARACABLES) Is Well Worth Watching

Aug 01
Here's Why We Think Paramount Communications (NSE:PARACABLES) Is Well Worth Watching

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

Jul 05
We Think Paramount Communications (NSE:PARACABLES) Can Stay On Top Of Its Debt

Recent updates

Paramount Communications Limited's (NSE:PARACABLES) CEO Compensation Is Looking A Bit Stretched At The Moment

Sep 13
Paramount Communications Limited's (NSE:PARACABLES) CEO Compensation Is Looking A Bit Stretched At The Moment

Here's Why We Think Paramount Communications (NSE:PARACABLES) Is Well Worth Watching

Aug 01
Here's Why We Think Paramount Communications (NSE:PARACABLES) Is Well Worth Watching

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

Jul 05
We Think Paramount Communications (NSE:PARACABLES) Can Stay On Top Of Its Debt

Paramount Communications' (NSE:PARACABLES) Earnings Aren't As Good As They Appear

Jun 01
Paramount Communications' (NSE:PARACABLES) Earnings Aren't As Good As They Appear

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?

Shareholder Returns

PARACABLESIN ElectricalIN Market
7D-4.4%-2.3%-0.9%
1Y26.8%91.0%39.7%

Return vs Industry: PARACABLES underperformed the Indian Electrical industry which returned 90.4% over the past year.

Return vs Market: PARACABLES underperformed the Indian Market which returned 38.5% over the past year.

Price Volatility

Is PARACABLES's price volatile compared to industry and market?
PARACABLES volatility
PARACABLES Average Weekly Movement6.9%
Electrical Industry Average Movement6.6%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.4%
10% least volatile stocks in IN Market3.9%

Stable Share Price: PARACABLES has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: PARACABLES's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1955308Sanjay Aggarwalparamountcables.com

Paramount Communications Limited, together with its subsidiaries, engages in the manufacture and sale of wires and cables to in India. The company provides power cables, including high tension and low tension power and aerial bunch, screened and unscreened cables, control and instrumentation cables, and UL certified cables for housing and renewables; railways cables comprising signaling, railway power, and quad axle counter cables; and telecom cables, such as optical fiber, jelly filled, fiber to home, switched board, and CATV cables, as well as jumper wires. It also offers special cables, which include PV solar, PTFE, fire survival cables, cables for electric vehicle battery charging stations, covered conductors, medium voltage covered conductors, HTLS conductor etc.; and domestic wires and cables, including building wires, multicore, submersible, coaxial and LAN cables.

Paramount Communications Limited Fundamentals Summary

How do Paramount Communications's earnings and revenue compare to its market cap?
PARACABLES fundamental statistics
Market cap₹23.07b
Earnings (TTM)₹963.98m
Revenue (TTM)₹11.81b

23.9x

P/E Ratio

2.0x

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₹11.81b
Cost of Revenue₹8.76b
Gross Profit₹3.05b
Other Expenses₹2.09b
Earnings₹963.98m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.16
Gross Margin25.84%
Net Profit Margin8.16%
Debt/Equity Ratio16.5%

How did PARACABLES perform over the long term?

See historical performance and comparison