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Paracables Share Price

(PARACABLES)

₹69.963.57%

as on 04:01PM, 29 Jan 2025

Overview
News
Financials
Q3 FY24-25 Results
Technicals

Paracables Performance

  • Day's Low

    Day's High

    ₹67.45
    Day's Price Range
    ₹70.39
  • 52 Week's Low

    52 Week's High

    ₹62.75
    52-Week Price Range
    ₹115.55
1 Month Return-17.77 %
3 Month Return-5.09 %
1 Year Return-41 %
Previous Close₹67.55
Open₹67.45
Volume11.72L
Upper Circuit-
Lower Circuit-
Market Cap₹2,059.84Cr

Paracables Key Statistics

P/E Ratio20.41
PEG Ratio60.02
Market Cap₹2,059.84 Cr
P/B Ratio3.26
EPS2.82
Dividend Yield0
SectorCables
ROE18.54

Paracables Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹2,059.84 Cr137.09%0.57₹85 Cr₹1,070 Cr
NA₹153.10 Cr3.97%0.70-₹72 Cr₹220 Cr
BUY₹14,897.82 Cr28.08%0.50₹651 Cr₹5,014 Cr
NA₹84.15 Cr49.06%0.74NANA
NA₹44.26 Cr164.57%0.35NANA

About Paracables

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: ₹69.96 per share as on 29 Jan, 2025 04:01 PM
Market Capitalisation: ₹2,059.84Cr 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
OrganisationParacables
HeadquartersNew Delhi
IndustryCables
E-voting on sharesClick here to vote

Key events for Paramount Communications Ltd

  • Paramount Communications Achieves Major Growth Milestones - 22 Jan, 2025

    Paramount Communications Ltd has become India's largest manufacturer-exporter of electric wires and cables, with significant growth in US exports and strong financial performance in Q2 FY25 and H1 FY25. The company boasts a robust order book of Rs 619.3 crore and impressive multibagger returns over the past decade.

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

    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

    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

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 49.07% of holdings in Dec 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, NELCO Ltd has given 41.0% return, outperforming this stock by 61.6%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 2.21% to 0.75% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 48.72% to 48.48% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, PARACABLES stock has moved down by -13.6%

  • 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

Paracables 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 Indus.

₹13,311.85

2.94 (380.49%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹49,050.57

3.28 (1558.09%)

Paracables Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
49.07%
0.00
Foreign Institutions
0.75%
-66.27
Mutual Funds
0%
0.00
Retail Investors
48.48%
-0.51
Others
1.71%
855950.00

Paracables 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

Paracables Valuation

Paracables in the last 5 years

  • Overview

  • Trends

Lowest (-581.67x)

February 8, 2018

Today (20.41x)

January 28, 2025

Industry (54.19x)

January 28, 2025

Highest (111.43x)

July 14, 2021

LowHigh

Paracables 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

Paracables 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

What is Paramount Communications Ltd price today?

Paramount Communications Ltd share price today stands at ₹69.96, Open: ₹67.45, Previous Close: ₹67.55, High: ₹70.39, Low: ₹67.45, 52 Week High: ₹115.55, 52 Week Low: ₹62.75.

How to Buy Paramount Communications Ltd Share in India?

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Is Paramount Communications Ltd listed on NSE?

Paramount Communications Ltd is listed on NSE

Is Paramount Communications Ltd listed on BSE?

Paramount Communications Ltd is listed on BSE

What are today's High and Low prices of Paramount Communications Ltd?

  • Today's highest price of Paramount Communications Ltd is ₹70.39.
  • Today's lowest price of Paramount Communications Ltd is ₹67.45.

What are today's traded volumes of Paramount Communications Ltd?

Today's traded volume of Paramount Communications Ltd(PARACABLES) is 11.72L.

What is today's market capitalisation of Paramount Communications Ltd?

Today's market capitalisation of Paramount Communications Ltd(PARACABLES) is ₹2059.84Cr.

What is the 52 Week High and Low Range of Paramount Communications Ltd?

Paramount Communications Ltd (PARACABLES)
Price
52 Week High
₹115.55
52 Week Low
₹62.75

How much percentage Paramount Communications Ltd is down from its 52 Week High?

Paramount Communications Ltd (PARACABLES) share price is ₹69.96. It is down -39.45% from its 52 Week High price of ₹115.55

How much percentage Paramount Communications Ltd is up from its 52 Week low?

Paramount Communications Ltd (PARACABLES) share price is ₹69.96. It is up 11.49% from its 52 Week Low price of ₹62.75

What are the historical returns of Paramount Communications Ltd?

Paramount Communications Ltd (PARACABLES)
Returns
1 Day Returns
2.41%
1 Month Returns
-17.77%
3 Month Returns
-5.09%
1 Year Returns
-41%

What is the PE ratio of Paramount Communications Ltd today?

PE Ratio of Paramount Communications Ltd is 20.41

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