PARAMOUNT COMA LTD📊 PARAMOUNT COMA LTD (1D) – CMP ₹60.08
📅 Date: May 20, 2025
📈 Exchange: NSE
📌 Ticker: PARACABLES
🧠 Technical Analysis Overview
✅ Bullish W-Pattern (Double Bottom):
Price has formed a strong W-pattern, also known as a double bottom, indicating a potential trend reversal. The neckline breakout above
2.87 INR
869.70 M INR
15.76 B INR
150.84 M
About PARAMOUNT COMM LTD
Sector
Industry
CEO
Sanjay Aggarwal
Website
Headquarters
New Delhi
Founded
1955
ISIN
INE074B01023
FIGI
BBG000BFRC52
Paramount Communications Ltd. engages in the manufacture and distribution of cables and wires. Its products include HT power cables, optical fibre cables, jumper wires, unscreened type, solar wire, multicore cables, and thermocouple. The company was founded by Shyam Sunder Aggarwal in 1955 and is headquartered in New Delhi, India.
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Stock Analysis: Paramount Communications LtdIntro
Paramount Communications Ltd. is involved in the manufacturing of wires and cables comprising of power cables, telecom cables, railway cables, and specialised cables. Clientele includes Indian Railways, BSNL, RailTel, Tata Projects Limited, Adani Renewables, Adani Power, L&T, Siemens, etc.
Fu
Order Block Reversal Setup on Paramount Communications LtdTechnical Observations:
Order Block Zone:
The stock is trading near a significant order block support zone (highlighted in purple), which aligns with past accumulation and breakout levels.
This zone has acted as a strong demand area, indicating that buyers may step in again.
Trendline Base:
The
PARACABLES! The Cable Company with Big Clients.- Good P/E (28.0), & Good ROE (19.4%)
- Quarterly results are ok. (Net Profit: 22 --> 29 --> 25)
- Very Good YoY Growth. (Net Profit: 8 --> 48 --> 86)
- VCP Pattern. Needs a push.
- Levels are marked in the chart.
- Big Clients (Both Government and Private) like Indian Railways, BSNL, RailTel, Tat
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of PARACABLES is 54.25 INR — it has increased by 3.27% in the past 24 hours. Watch PARAMOUNT COMM LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange PARAMOUNT COMM LTD stocks are traded under the ticker PARACABLES.
PARACABLES stock has risen by 2.36% compared to the previous week, the month change is a −7.39% fall, over the last year PARAMOUNT COMM LTD has showed a −25.32% decrease.
PARACABLES reached its all-time high on Jan 23, 2024 with the price of 116.85 INR, and its all-time low was 1.05 INR and was reached on Nov 18, 2013. View more price dynamics on PARACABLES chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
PARACABLES stock is 6.27% volatile and has beta coefficient of 1.84. Track PARAMOUNT COMM LTD stock price on the chart and check out the list of the most volatile stocks — is PARAMOUNT COMM LTD there?
Today PARAMOUNT COMM LTD has the market capitalization of 16.54 B, it has decreased by −1.74% over the last week.
Yes, you can track PARAMOUNT COMM LTD financials in yearly and quarterly reports right on TradingView.
PARACABLES net income for the last quarter is 187.38 M INR, while the quarter before that showed 226.01 M INR of net income which accounts for −17.09% change. Track more PARAMOUNT COMM LTD financial stats to get the full picture.
No, PARACABLES doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. PARAMOUNT COMM LTD EBITDA is 1.23 B INR, and current EBITDA margin is 7.83%. See more stats in PARAMOUNT COMM LTD financial statements.
Like other stocks, PARACABLES shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade PARAMOUNT COMM LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So PARAMOUNT COMM LTD technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating PARAMOUNT COMM LTD stock shows the neutral signal. See more of PARAMOUNT COMM LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.