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PARACABLESParamount Communications Limited

IT · Communication Equipment · NSE · as of 2026-07-20 (delayed ~30 min in market hours)

64.85
0.78%
44Weak

Price & Volume

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Key Ratios

Market Cap (₹ cr)2,105.80
P/E34.05
P/B2.52
PEG4.20
ROE %7.70
ROCE %5.70
Debt / Equity0.16
EPS1.89
Revenue Growth %13.10
Profit Growth %8.10
Dividend Yield %0.00
Promoter Holding %48.85
FII Holding %0.20
DII Holding %
Beta2.05

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on PARACABLES — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 61%

Why avoid

  • Risk gate: safety score is only 24/100 — volatility, drawdown or liquidity is too poor for a buy call, whatever the chart says
  • Profit growth: 8.1% YoY
  • ROE: 7.7%
  • MACD: bearish
  • Price vs EMA21: below

Bull case

  • Debt/Equity: 0.16
  • Promoter holding: 48.9%
  • Valuation vs sector: P/E 34.0 vs sector 30.9
  • Price vs SMA200: above

Bear case

  • Profit growth: 8.1% YoY
  • ROE: 7.7%
  • MACD: bearish
  • Price vs EMA21: below

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Weak fundamentals — technical strength may not sustain
  • Profit growth: 8.1% YoY
  • ROE: 7.7%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹64.85
Stop Loss
₹62.39
risk 3.8%
Target 1 (1.5R)
₹68.54
+5.7%
Target 2 (3R)
₹72.23
+11.4%
Support (20d)
₹63.02
Resistance (52w)
₹75.70
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹2.46/share
ATR (volatility)
₹3.27
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹3.27). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
40
Technical
43
Momentum
60
Risk (safety)
24

Peers — IT

OFSS 1.28%
84
UTLSOLAR 3.14%
82
CNL 1.57%
81
STYL 6.50%
79
PREMIERENE 0.02%
78
TANLA 1.99%
77

About

Paramount Communications Limited, together with its subsidiaries, engages in the manufacture and sale of wires and cables in India. The company provides power cables, including high tension and low tension power and aerial bunch, screened and unscreened cables, control cables, instrumentation cables, and UL certified cables for housing and renewables; railways cables comprising signaling, railway power, and axle counter cables; and telecom cables, such as optical fiber, jelly filled, buried service wire, 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, thermocouple, covered conductors, medium voltage covered conductors, and HTLS conductor; and domestic wires and cables, including building wires, multicore, submersible, coaxial and LAN cables. In addition, the company provides turnkey services, such as OPGW and submarine cable installation and repair; telecom consultancy and turnkey; and power and railway turnkey projects. It serves power, telecom, railways, renewables, export, IT and communication, construction, defense, solar, space research, electronics, oil and gas, and specialized turnkey sectors. The company also exports its products. Paramount Communications Limited was founded in 1955 and is based in New Delhi, India.