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Paramount Communications Limited
Share Price Target & Analysis

NSE:PARACABLES

50.62

VWAP

49.35

Open

49.4

Close

51.46

High

49.05

Low

100.63

52 Week High

51.24 ⇧
1.84 (3.72%)

PARACABLES

(TELECOM)
6.3% Momentum

Watch Carefully

47.9

52 Week Low

3.2

EPS

40.17

PE

2.32

PB

Standard
Quality

Bronze
Valuation

#Analysis

NSE: PARACABLES Share Price Financial Analysis & Valuation

Paramount Communications Limited (PARACABLES) is broadly categorized in TELECOM segment industry which deals in Cables - Telephone vertical. It is one of Small Cap company with Market Capitalization of Rs 271.9 (in Cr). Total number of free float shares are 17.2 (in Lacs). Paramount Communications Limited is listed on NSE with Exchange ID - INE074B01023 and trading code is NSE:PARACABLES with short name Paramount Comm.

In the past 1 year, Paramount Communications Limited has declared an equity dividend of Rs 0 per share. At the current share price of PARACABLES at Rs 51.24, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:PARACABLES, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine PARACABLES underlying value and future prospects. All of this data is available in PARACABLES financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:PARACABLES, it is clearly understood that PARACABLES is Standard performer in terms of earnings and profit margins with an EPS of 3.2. NSE:PARACABLES book value per share as of today is 22.11. The current price to book ratio for PARACABLES as of Apr 02, 2025 is 2.32.

Valuation of the Stock: The current valuation of PARACABLES stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of PARACABLES whether to BUY this stock at current valuation. The delivery percentage of PARACABLES is 55.68% is very crucial parameter which shows that 55.68% investors are anticipating that the price of PARACABLES share should go up with VWAP at 50.62.

Now, the main question is whether to BUY or SELL, NSE:PARACABLES at current valuation.
As per latest Analysis No. #11434:-

⇑ STRONG BUY PARACABLES if All Greens

⇗ BUY PARACABLES (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD PARACABLES (With Stop Loss) if only 1 Green

⇘ SELL PARACABLES if NO Green Indicator

NSE: PARACABLES Share Price Today (Apr 02, 2025)

(Paramount Communications Limited Daily Analysis on the basis of PARACABLES Intraday Graph & Trend)

Paramount Communications Limited share price moved Up by 3.72% from its previous close of Rs 49.4. PARACABLES stock last traded price is 51.24. PARACABLES share price trend is Up with a total of 1258920 stocks traded till now. It has touched an intraday high of Rs 51.46 and an intraday low of Rs 49.05. The PARACABLES trading at 51.24, Up by Rs. 1.84, or 3.72 percent which suggests that most of the Traders are anticipating that the price of PARACABLES share should go Up.

NSE: PARACABLES Share Price Tomorrow Prediction

(Paramount Communications Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of PARACABLES)

Paramount Communications Limited share price moved Up by 3.72%. PARACABLES share price short term trend is Up. It suggests that PARACABLES Share Price for Tomorrow remains the same with VWAP at 50.62 will be treated as stop loss for intraday traders. Paramount Communications Limited Long term investors can follow the PARACABLES long term trend as mentiond in future forecast table.

NSE Code

NSE: PARACABLES

PARACABLES Share Price Today

 51.24

PARACABLES Share Price Target Prediction for 2025 ^

 50.2 - 78.9

PARACABLES Share Price Target Prediction for 2026*^

 78.9 - 107.7

PARACABLES Share Price Target Prediction for 2027*^

 107.7 - 115.2

PARACABLES Share Price Target Prediction for 2028*^

 121

PARACABLES Share Price Target Prediction for 2029*^

 124

PARACABLES Share Price Target Prediction for 2030*^

 136
PARACABLES Current Book Value 2024
22

*Paramount Communications Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^PARACABLES share price target prediction for 2025 2026 2027 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

PARACABLES Technical Analysis

Candlestick Pattern: @62.43

PARACABLES Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 61.51 BUY 62.21 BUY
MA_12 62.59 SELL 63.07 SELL
MA_20 64.76 SELL 64.72 SELL
MA_32 68.54 SELL 67.57 SELL
MA_50 73.39 SELL 69.72 SELL
MA_100 72.72 SELL 72.59 SELL
MA_200 76.62 SELL 74.35 SELL

PARACABLES Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 64.76 Downtrend
MACD 0.36 BUY
ADX 34.65 Strong Trend
DMI (+/-) 17.07 / 25.85 Downtrend

PARACABLES Momentum Oscillators

BUY (7) NEUTRAL (4) SELL (1)
Momentum Oscillators Value Action
RSI 42.26 Neutral
STOCHASTIC_K (Fast) 82.39 Overbought
STOCHASTIC_D (Slow) 89.05 Overbought
CCI -2.5 Neutral
PSAR 55.67 BUY
TRUE RANGE 3.08 BUY
ATR 3.89 BUY
WILLIAMS R -56.89 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 84.84 Overbought
STOCHASTIC RSI D 94.95 Overbought
MOMENTUM -5.09 SELL

PARACABLES Last 1 Year Trend

Duration Value
1 Year -30.48%
3 Months -8.49%
1 Month -7.54%
1 Week 6.05%

PARACABLES Technical Analysis Summary

Updated on 2025-02-24
Action Overall (%)
BUY 37%
NEUTRAL / HOLD 13%
SELL 50%

Most popular Questions & Answers about PARACABLES


Paramount Communications Limited stock last traded price is 51.24. PARACABLES share price moved Up by 3.72% from its previous close of Rs 49.4.

Paramount Communications Limited share price trend is Up with a total of 1258920 stocks traded till now. It has touched an intraday high of Rs 101.6363 and an intraday low of Rs 49.05. The PARACABLES trading at 51.24, Up by Rs. 1.84, or 3.72 percent which suggests that most of the Traders are anticipating that the price of PARACABLES share should go Up and the Stop Loss will be around 50.62.

The market cap of Paramount Communications Limited is ₹271.9 (in Cr) as of Apr 01, 2025.

The current price to earning ratio for Paramount Communications Limited as of Apr 01, 2025 is 40.17.

The current price to book ratio for Paramount Communications Limited as of Apr 01, 2025 is 2.32.

The highest price of Paramount Communications Limited stock is ₹100.63 in the last 52-week.

The lowest price of Paramount Communications Limited stock is ₹47.9 in the last 52-week.

Paramount Communications Limited share trading at ₹51.24, Up by Rs. 1.84, or 3.72 percent which suggests that most of the traders are anticipating that the price of PARACABLES share should go Up.

In 2023, Stock price target for Paramount Communications Limited (PARACABLES) are ₹50.2 on downside and ₹78.9 on upside. Paramount Communications Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Paramount Communications Limited (PARACABLES) are ₹78.9 on downside and ₹107.7 on upside. Paramount Communications Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Paramount Communications Limited (PARACABLES) are ₹107.7 on downside and ₹115.2 on upside. Paramount Communications Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Paramount Communications Limited (PARACABLES) will be around ₹124 Paramount Communications Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of PARACABLES.

The price of Paramount Communications Limited (PARACABLES) shares moved by 3.72%. The short-term trend for PARACABLES share price is Up. It implies that the share price of PARACABLES will stay the same tomorrow and that intraday traders should treat VWAP at 50.62 as a stop loss. Investors with a long-term outlook can track PARACABLES long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of PARACABLES stock is 38.4. Compared to the current market price of 51.24 INR, the PARACABLES stock is Overvalued by 25.1%.

As per the fundamental analysis of Paramount Communications Limited (PARACABLES), it is of Standard quality in terms of earnings and profit margins with an EPS of 3.2. Paramount Communications Limited book value per share as of today is 22.11. The current price to book ratio for PARACABLES as of Apr 02, 2025 is 2.32.


NSE:PARACABLES News & Other Useful Information about PARACABLES Share Price


Peer Comparison of NSE: PARACABLES

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Cables - Telephone

Company Price EPS BV
STLTECH 85.14 0 53.81
FINCABLES 886.55 35.23 285.03
VINDHYATEL 1331.50 106.78 1156.58
BIRLACABLE 158.26 1.68 87.74
PARACABLES 51.24 3.2 22.11
SURANAT&P 19.10 0.76 10.09
AKSHOPTFBR 8.25 0 5.57
BHAGYANGR 74.03 0.18 54.55
CMICABLES 3.58 0 -84.55
TNTELE 8.98 0 -35.8
Updated at: 01 Apr 2025 15:52

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