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Paramount Communications Ltd share Price Today

Company details

66.75
71.55
29.20
116.85
6M Return 4.11%
1Y Return 111.51%
Mkt Cap.(Cr) 2,022.80
Volume 1,283,184
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 1,283,184

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Paramount Communications Ltd shares SWOT Analysis

Strengths (14)

  • Strong Annual EPS Growth
  • Good quarterly growth in the recent results
  • Companies with rising net profit margins - quarterly as well as TTM basis

Weakness (3)

  • Negative Breakdown First Support (LTP < S1)
  • Promoter holding decreased by more than -2% QoQ
  • Weak performer : Stock lost more than 20% in 1 month

Opportunity (1)

  • Highest Recovery from 52 Week Low

Threats (2)

  • Promoter decreasing their shareholding
  • RSI indicating price weakness

Resistance and support

R1 70.2
R2 73.3
R3 75.0
Pivot

68.45

S1 65.4
S2 63.7
S3 60.6
EMA SMA
73.3
80.4
79.0
69.2
73.1
88.2
82.2
66.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ELARA CAPITAL PLC (FCCB) Bulk Sell 2022-12-16 27.05 1000000 NSE
LODHA BHUPESH KUMAR Bulk Sell 2022-11-04 23.11 1000000 NSE
LODHA BHUPESH KUMAR Bulk Purchase 2022-09-02 24.17 1000000 NSE
Name Category Shares
Sanjay Aggarwal PROMOTER 4.66%
Sandeep Aggarwal PROMOTER 4.64%
Shashi Aggarwal PROMOTER 3.24%
Kamla Aggarwal PROMOTER 2.77%
Archana Aggarwal PROMOTER 2.61%
Sanjay Aggarwal HUF ( Sanjay Agagrwal-Karta) PROMOTER 0.98%
Tushar Aggarwal PROMOTER 0.57%
Parth Aggarwal PROMOTER 0.57%
Dhruv Aggarwal PROMOTER 0.57%
Sandeep Aggarwal HUF ( Sandeep Aggarwal-Karta) PROMOTER 0.53%
April Investment And Finance Private Limited PROMOTER 13.85%
Paramount Telecables Limited PROMOTER 12.84%
Hertz Electricals (International) Pvt. Ltd. PROMOTER 1.56%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Paramount Communications Ltd Stocks COMPARISON

Financials( in Cr) Paramount Communications Ltd Polycab India Ltd KEI Industries Ltd R R Kabel Ltd Finolex Cables Ltd
Price 67.05 5,065.00 3,459.80 1,538.95 1,001.00
% Change -3.59 0.53 -0.47 -0.39 2.72
Mcap Cr 2,022.80 76,059.59 31,221.58 17,362.28 15,309.19
Revenue TTM Cr 796.47 14,107.78 5,726.55 5,599.20 4,481.11
Net Profit TTM Cr 47.77 1,282.25 376.02 189.87 504.28
PE TTM 27.80 45.50 57.02 61.22 23.28
1 Year Return 111.51 82.25 106.51 28.45 25.88
ROCE 12.63 28.06 23.74 15.70 15.61
ROE 18.32 21.06 19.24 14.22 12.16
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 249.87 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 30,755.54 31,723.05
LAST 3M 69,913.40 26,515.65
LAST 6M 130,081.93 60,306.69
LAST 12M 189,259.39 205,003.99

Paramount Communications Ltd Information

Stock PE (TTM)
27.8
Promoter Holding
49.6%
Book Value
17.3856
ROCE
12.63%
ROE
18.32%
Description
  • Paramount Communications Ltd was incorporated in the year 1978 as a partnership firm under the name & Style of Paramount Cable Corporation and was promoted by Shyam Sunder Aggarwal. The Company, a part of the Paramount group of companies, is one of leading cable manufacturing companies in India. The company is engaged in manufacturing power and communication cables. They provide complete cabling solutions to almost all the sectors of the economy, such as power, telecom and information technology, railways, petrochemicals and industrial sector. The company has two manufacturing units located at Dharuhera in Haryana and Khushkhera in Rajasthan. The company offers power cables, including high tension power cables, low tension power cables, aerial bunch cables, control and instrumentation cables, thermocouple extension and compensating cables, and battery and energy cables. They also offer railway cables, including underground railway signaling cables and quad axle counter cables, optical fiber cables, and specialized instrumentation cables for underground and elevated metro projects. In addition, the company offers telecom cables, such as optical fiber cables for telecommunications; direct to home optical fiber cables for cable television; polythene insulated jelly filled cables and aerial self supporting cables for subscriber distribution networks; installation cables for digital exchanges; co-axial cables for signal distribution; and data transmission and computer cables. The company started supplying telecom cables to the Department of Telecommunications and in the year 1980, they diversified into manufacturing of power cables. In September 5, 1994, the company became a public limited company. In April 1995, the company came out with public issue for setting up a unit for the manufacture of jelly filled telephone cable with installed capacity of 600,000 conductor kilometers. In the year 1998-99, the company received ISO 9002 Certificate for their Delhi Unit. During the year 1999-2000, Paramount Wires & Cables Ltd became a subsidiary of the company. Also, they acquired Category "A" National Interest Service provider license during the year. During the year 2000-01, the company shifted their manufacturing unit at Prahladpur, Delhi to RICCO Industrial Area, Khushkhera, in Rajasthan. Also, they added 1447000 KM capacity of manufacturing Jelly Filled Telecom Cables in Khushkhera unit. In May 2001, the company increased the capacity of the Dharuhera unit from 3562000 KM to 3852000 KM per annum. During the year 2001-02, the company started commercial production ar Khushkhera unit in Rajasthan. The subsidiary company Paramount Wires & Cables Ltd has issued fresh 250000 equity shares of Rs 10 each as on March 31, 2002. After induction of fresh capital of Rs 25.00 lakh, the level of holding of the company declined from 51% to 49%. Therefore, Paramount Wires and Cables Ltd ceased to be a subsidiary company. During the year 2002-03, the company achieved ISO 14001:2000 certification for their Dharuhera plant and during the year 2003-04, they ISO 14001:2000 certification for their Khushkhera plant. During the year 2004-05, the company formed a wholly owned subsidiary M/s Paramount Gulf FZE in Dubai, UAE with an investment of USD 50,000 is to deal and trade in various commodities and to explore opportunities for export of various types of cables being manufactured by the company. During the year 2005-06, the company expanded their LT production capacity from 20,000 km to 25,000 km per annum. Also, they imported their major raw materials with nil custom duty to manufacture telecom cables resulting in good saving in raw material cost. During the year 2006-07, the company completed their first phase of expansion project. They commissioned 1,500 KM per annum HT power cable capacity at their Dharuhera unit. During the year 2007-08, the company completed their second phase of expansion project and started commercial production in February 2008. After completion of second phase expansion, the installed capacity for power cables increased to 58,500 KM per annum which includes all types of electric cables. During the year, Paramount Holdings Ltd, Cyprus became a wholly owned subsidiary of the company. The company through their subsidiary, Paramount Holdings Ltd, Cyprus acquired AEI Cables Ltd, United Kingdom, which is having their manufacturing facility at Birtley, New Castle. Also, Paramount Gulf FZE, UAE ceased to be subsidiary of the company with effect from December 31, 2007 upon their winding up with the Ajman Free Zone Authority, UAE. The company acquired 25 acres of land opposite to the existing plant of the company located in the Khushkhera Industrial Area, Rajasthan. In that land, the company is planning to set up third phase of expansion project for additional capacities of 35000 KM per annum of LT Power cables and 2500 KM per annum of HT Power cables. The said project is expected to be operational by the mid of the financial year 2008-09. The company entered into the vibrant domestic wires market with a range of cables that offer an environmentally friendly Lead Free, Zero Halogen, Low Smoke option. The Submarine Cable repairing project was executed in 2019. In 2023, the Company established two state-of-the-art facilities at Khushkhera (Rajasthan) and Dharuhera (Haryana) for the manufacturing of cables and wires. PCL`s footprint across the world led by its ability to provide quality products to its reputed customer base. PCL`s geographic footprints spans 153 dealers and 102 distributors and 415 retailers across India enabling it to serve diverse customers.

Registered Address

KH-433 Maulsari Avenue Westend, Greens Rangpuri, New Delhi, New Delhi, 110037

Email : investors:paramountcables.com
Website : http://www.paramountcables.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 530555
NSE Code : PARACABLES
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE074B01023

FAQ’s on Paramount Communications Ltd Shares

You can buy Paramount Communications Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Paramount Communications Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:59 PM the closing price of Paramount Communications Ltd was ₹ 67.05.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 03:59 PM, the market cap of Paramount Communications Ltd stood at ₹ 2,022.80.

The latest PE ratio of Paramount Communications Ltd as of Mar 28, 2024 03:59 PM is 27.8

The latest PB ratio of Paramount Communications Ltd as of Mar 28, 2024 03:59 PM is 0.25

The 52-week high of Paramount Communications Ltd share price is ₹ 116.85 while the 52-week low is ₹ 29.20

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