About
About Paramount Communications Limited
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 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; EPC services; telecom consultancy and turnkey; and power and railway turnkey projects. It serves power, solar & renewable energy, oil & gas, data centers, industrial and infrastructure projects, defence, space, construction, railways, and telecom sectors. The company also exports its products. Paramount Communications Limited was founded in 1955 and is based in New Delhi, India.
Research context
Paramount Communications Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Technology
- Industry
- Communication Equipment
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5 years, 6 months ago
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.