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Paramount Communications Ltd

(PARACABLES)

₹66.812%

as on 04:01PM, 22 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Paramount Communications Ltd Performance

  • Day's Low

    Day's High

    ₹64.5
    ₹67.5
  • 52 Week's Low

    52 Week's High

    ₹60.5
    ₹116.85
1 Month Return-4.04 %
3 Month Return-17.79 %
1 Year Return+ 8.19 %
Previous Close₹65.50
Open₹65.91
Volume7.30L
Upper Circuit-
Lower Circuit-
Market Cap₹1,997.32Cr

Paramount Communications Ltd Key Statistics

P/E Ratio20.18
PEG Ratio59.37
Market Cap₹1,997.32 Cr
P/B Ratio3.26
EPS2.82
Dividend Yield0
SectorCables
ROE18.54

Paramount Communications Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹1,997.32 Cr133.59%0.57₹85 Cr₹1,070 Cr
NA₹9.45 Cr77.5%0.92NANA
NA₹136.55 Cr17.42%0.79NANA
NA₹2,232.97 Cr116.43%0.68NANA
NA₹7,779.94 Cr50981.82%1.35NANA

About Paramount Communications Ltd

Paramount Communications Ltd is one of the top cable manufacturing companies in India offering complete cabling solutions to the power, telecom, information technology, railways, petrochemicals and industrial sectors. Incorporated in 1978, the company currently has two manufacturing units located at Dharuhera and Khushkhera. They offer power cables, railway cables, telecom cables and specialized instrumentation cables. Paramount Communications Ltd also achieved certifications such as ISO 9002 and ISO 14001:2000. Further, the company expanded production capacities, formed subsidiaries and acquired land for potential expansion. Additionally, their new range of cables offers a Lead Free Zero Halogen Low Smoke option and changed the company name to Paramountcables Infratech Ltd.

Share Price: ₹66.81 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹1,997.32Cr as of today
Revenue: ₹355.89Cr as on September 2024 (Q3 24)
Net Profit: ₹20.33Cr as on September 2024 (Q3 24)
Listing date: 03 Jan, 2007
Chairperson Name: Sanjay Agrawal
OrganisationParamount Communications Ltd
HeadquartersNew Delhi
IndustryCables
E-voting on sharesClick here to vote

Key events for Paramount Communications Ltd

  • Paramount Communications Reports Strong Growth and Debt Repayment - 18 Sep, 2024

    Paramount Communications shares surged following the release of 3.96 crore pledged shares and strong Q1FY25 results, showing a 74% increase in PAT. The company aims to become debt-free by fiscal year-end.

  • Paramount Communications Shares Surge Over 9% - 13 Sep, 2024

    On September 13, 2024, Paramount Communications shares gained over 9%, reaching an intraday high of Rs 98.70. The stock has shown strong performance, trading above key moving averages and delivering significant returns over various timeframes.

  • Paramount Communications Shares Surge on Strong Performance - 10 Sep, 2024

    Paramount Communications shares rose significantly after FPIs increased their stake and the company reported impressive financial results for Q1FY25 and FY24.

  • Paramount Communications Reports Strong Growth and Expansion Plans - 04 Sep, 2024

    Paramount Communications Ltd has shown impressive growth with a 73% net profit increase and plans to raise capital for expansion. The stock has surged significantly over the years, reflecting strong demand and robust financial performance.

  • Paramount Communications Reports Mixed Financial Performance - 03 Sep, 2024

    Paramount Communications' shares closed at ₹87, down 3%. Revenue decreased slightly, but YoY figures show a 52% increase. The company has a strong order book of ₹555 crores and operates in a favorable market environment.

  • Paramount Communications Shares Surge Amid Market Rally - 02 Sep, 2024

    Shares of Paramount Communications rose approximately 7% as benchmark indices Sensex and Nifty reached new all-time highs, driven by foreign fund inflows and a rally in US markets.

  • Paramount Communications Shares Surge for Fourth Day - 27 Aug, 2024

    Paramount Communications shares rose for the fourth consecutive day, gaining 15.51% over this period. The company reported strong fiscal results, with net sales up 32.7% to Rs 1,078.56 crore for FY 2024, and significant increases in operating profit and PAT.

  • Paramount Communications Shares Surge on Strong Performance - 26 Aug, 2024

    Paramount Communications shares soared 13% on heavy volumes, reaching an intraday high of Rs 92.85. The company reported a 73% YoY increase in net profit for the June 2024 quarter, with net sales up nearly 50%. Over the past five years, the stock has delivered an impressive return of over 900%.

Insights on Paramount Communications Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 324.2 Cr → 358.17 Cr (in ₹), with an average increase of 9.5% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, PARACABLES has outperformed top 5 stocks with highest market-cap in Communications & Networking

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, PARACABLES stock has moved up by 501.9%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 43.58% to 48.72% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, HFCL Ltd has given 88.6% return, outperforming this stock by 80.4%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 49.31% to 49.07% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 29.49 Cr → 20.33 Cr (in ₹), with an average decrease of 16.9% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 7.11% to 2.21% in Sep 2024 quarter

Paramount Communications Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹252.44Cr (-)₹284.25Cr (↑12.60%)₹323.37Cr (↑13.76%)₹321.06Cr (↓0.71%)₹355.89Cr (↑10.85%)
Net Income₹19.49Cr (-)₹22.03Cr (↑13.03%)₹29.49Cr (↑33.86%)₹25.30Cr (↓14.21%)₹20.33Cr (↓19.64%)
Net Profit Margin7.72% (-)7.75% (↑0.39%)9.12% (↑17.68%)7.88% (↓13.60%)5.71% (↓27.54%)
Value in ₹ crore
Details2021202220232024
Total Assets₹470.90Cr (-)₹480.98Cr (↑2.14%)₹503.92Cr (↑4.77%)₹831.02Cr (↑64.91%)
Total Liabilities₹277.95Cr (-)₹279.23Cr (↑0.46%)₹208.83Cr (↓25.21%)₹205.10Cr (↓1.79%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹13.80Cr (-)₹14.33Cr (↑3.84%)₹14.64Cr (↑2.16%)₹11.10Cr (↓24.18%)-₹100.97Cr (↓1,009.64%)

Index Inclusions

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE Indus.

₹14,501.81

1.82 (259.12%)

BSE Small-Cap

₹52,612.93

0.9 (471.78%)

Paramount Communications Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
49.07%
-0.49
Foreign Institutions
2.21%
-68.88
Mutual Funds
0%
0.00
Retail Investors
48.72%
11.79
Others
0%
-33.33

Paramount Communications Ltd Key Indicators

Details20202021202220232024
Return On Equity %12.481.43.6318.3218.54
Details20202021202220232024
Return On Assets %5.140.661.719.4810.3
Details20202021202220232024
Book Value Per Share (₹)9.769.9410.3912.8720.57
Details20202021202220232024
Earning Per Share (₹)1.430.160.422.462.82

Paramount Communications Ltd Valuation

Paramount Communications Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-581.67x)

February 8, 2018

Today (20.18x)

November 22, 2024

Industry (58.56x)

November 22, 2024

Highest (111.43x)

July 14, 2021

LowHigh

Paramount Communications Ltd Earnings and Dividends

  • Paramount Communications Ltd Earnings Results

    Paramount Communications Ltd’s net profit jumped 4.31% since last year same period to ₹20.33Cr in the Q2 2024-2025. On a quarterly growth basis, Paramount Communications Ltd has generated -19.64% fall in its net profits since last 3-months.

    Read More about Earnings Results

Paramount Communications Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Paramount Communications Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Paramount Communications Ltd

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Paramount Communications Ltd (PARACABLES) share price today is ₹66.81

Paramount Communications Ltd is listed on NSE

Paramount Communications Ltd is listed on BSE

  • Today’s highest price of Paramount Communications Ltd is ₹67.5.
  • Today’s lowest price of Paramount Communications Ltd is ₹64.5.

PE Ratio of Paramount Communications Ltd is 20.18

PE ratio = Paramount Communications Ltd Market price per share / Paramount Communications Ltd Earnings per share

Today’s traded volume of Paramount Communications Ltd(PARACABLES) is 7.30L.

Today’s market capitalisation of Paramount Communications Ltd(PARACABLES) is ₹1997.32Cr.

Paramount Communications Ltd(PARACABLESPrice
52 Week High
₹116.85
52 Week Low
₹60.5

Paramount Communications Ltd(PARACABLES) share price is ₹66.81. It is down -42.82% from its 52 Week High price of ₹116.85

Paramount Communications Ltd(PARACABLES) share price is ₹66.81. It is up 10.43% from its 52 Week Low price of ₹60.5

Paramount Communications Ltd(PARACABLESReturns
1 Day Returns
1.31%
1 Month Returns
-4.04%
3 Month Returns
-17.79%
1 Year Returns
8.19%