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1 Comment
Paramount Communications Limited is currently in a long term uptrend where the price is trading 73.4% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.3.
Paramount Communications Limited's total revenue sank by 8.1% to $2B since the same quarter in the previous year.
Its net income has dropped by 74.4% to $19M since the same quarter in the previous year.
Finally, its free cash flow fell by 52.7% to $77M since the same quarter in the previous year.
Based on the above factors, Paramount Communications Limited gets an overall score of 2/5.
Industry | Communication Equipment |
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Sector | Technology |
ISIN | INE074B01023 |
CurrencyCode | INR |
Exchange | NSE |
Dividend Yield | 0.0% |
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Target Price | None |
PE Ratio | 17.51 |
Beta | 0.23 |
Market Cap | 7B |
Paramount Communications Limited, together with its subsidiaries, engages in the manufacture and sale of wires and cables to public and private sector companies in India. The company provides power cables, including high tension and low tension power and aerial bunch cables; screened and unscreened type control cables; instrumentation cables for process control, A/D converters, and other microprocessor based instrumentation circuits; and thermocouple extension and compensating cables for connecting thermocouples to control and measurement devices. It also offers telecom cables, such as optical fiber, jelly filled, switched board, fiber to the home, and installation cables, as well as buried service and jumper wires. In addition, the company provides underground railway signaling and quad axle counter cables, optical fiber cables, and specialized instrumentation cables for underground and elevated metro projects; fire survival, XLPE, multicore round, solar, PTFE, and special cables; and building and PVC wires. Further, it offers turnkey services for construction, design, supply, engineering, and installation testing and commissioning. The company sells its products under the Paramount Cables brand name. It serves power, railways, telecom, IT and communications, construction, defense, space research, electronics, export, specialized turnkey, renewable, and oil and gas sectors. Paramount Communications Limited was founded in 1955 and is based in New Delhi, India.
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