PARACABLES Stock Overview
Engages in the manufacture and sale of wires and cables to public and private sector companies in India.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Paramount Communications Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹86.73 |
| 52 Week High | ₹116.85 |
| 52 Week Low | ₹51.50 |
| Beta | -0.016 |
| 11 Month Change | 11.15% |
| 3 Month Change | 11.98% |
| 1 Year Change | 51.36% |
| 33 Year Change | 610.90% |
| 5 Year Change | 847.87% |
| Change since IPO | -60.74% |
Recent News & Updates
Here's Why We Think Paramount Communications (NSE:PARACABLES) Is Well Worth Watching
Aug 01
We Think Paramount Communications (NSE:PARACABLES) Can Stay On Top Of Its Debt
Jul 05Paramount Communications' (NSE:PARACABLES) Earnings Aren't As Good As They Appear
Jun 01Recent updates
Here's Why We Think Paramount Communications (NSE:PARACABLES) Is Well Worth Watching
Aug 01We Think Paramount Communications (NSE:PARACABLES) Can Stay On Top Of Its Debt
Jul 05Paramount Communications' (NSE:PARACABLES) Earnings Aren't As Good As They Appear
Jun 01Paramount Communications Limited (NSE:PARACABLES) Stocks Shoot Up 31% But Its P/E Still Looks Reasonable
Apr 15We Think Paramount Communications (NSE:PARACABLES) Can Stay On Top Of Its Debt
Mar 15What You Can Learn From Paramount Communications Limited's (NSE:PARACABLES) P/EAfter Its 27% Share Price Crash
Feb 29Does Paramount Communications (NSE:PARACABLES) Deserve A Spot On Your Watchlist?
Jan 08Paramount Communications Limited (NSE:PARACABLES) Looks Just Right With A 27% Price Jump
Dec 18Increases to CEO Compensation Might Be Put On Hold For Now at Paramount Communications Limited (NSE:PARACABLES)
Sep 22If EPS Growth Is Important To You, Paramount Communications (NSE:PARACABLES) Presents An Opportunity
Apr 29Increases to Paramount Communications Limited's (NSE:PARACABLES) CEO Compensation Might Cool off for now
Sep 23Paramount Communications (NSE:PARACABLES) Seems To Use Debt Quite Sensibly
Aug 05We Like These Underlying Return On Capital Trends At Paramount Communications (NSE:PARACABLES)
Jun 28Paramount Communications (NSE:PARACABLES) Has A Somewhat Strained Balance Sheet
Mar 30A Look At The Fair Value Of Paramount Communications Limited (NSE:PARACABLES)
Dec 08Returns On Capital Are Showing Encouraging Signs At Paramount Communications (NSE:PARACABLES)
Oct 06Here's Why Paramount Communications (NSE:PARACABLES) Is Weighed Down By Its Debt Load
Aug 05Investors Will Want Paramount Communications' (NSE:PARACABLES) Growth In ROCE To Persist
Jul 01These 4 Measures Indicate That Paramount Communications (NSE:PARACABLES) Is Using Debt In A Risky Way
Mar 01Will Paramount Communications' (NSE:PARACABLES) Growth In ROCE Persist?
Jan 24Paramount Communications Limited (NSE:PARACABLES) Insiders Increased Their Holdings
Jan 03
Are Paramount Communications's (NSE:PARACABLES) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 07Shareholder Returns
| PARACABLES | IN Electrical | IN Market | |
|---|---|---|---|
| 7D | 9.0% | -0.08% | 1.4% |
| 1Y | 51.4% | 91.4% | 45.6% |
Return vs Industry: PARACABLES underperformed the Indian Electrical industry which returned 91.4% over the past year.
Return vs Market: PARACABLES exceeded the Indian Market which returned 45.6% over the past year.
Price Volatility
| PARACABLES volatility | |
|---|---|
| PARACABLES Average Weekly Movement | 7.2% |
| Electrical Industry Average Movement | 7.3% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in IN Market | 9.8% |
| 10% least volatile stocks in IN Market | 4.4% |
Stable Share Price: PARACABLES has not had significant price volatility in the past 3 months.
Volatility Over Time: PARACABLES's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1955 | 258 | Sanjay Aggarwal | paramountcables.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
| PARACABLES fundamental statistics | |
|---|---|
| Market cap | ₹27.04b |
| Earnings (TTM) | ₹963.98m |
| Revenue (TTM) | ₹11.81b |
27.4x
P/E Ratio2.2x
P/S RatioIs PARACABLES overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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 Margin | 25.84% |
| Net Profit Margin | 8.16% |
| Debt/Equity Ratio | 16.5% |
How did PARACABLES perform over the long term?
See historical performance and comparison