Paramount Communications (India) Today

PARACABLES   66.81  1.31  2.00%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Paramount Communications is trading at 66.81 as of the 25th of November 2024, a 2.00 percent increase since the beginning of the trading day. The stock's open price was 65.5. Paramount Communications has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Paramount Communications Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of February 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
Category
Technology
Classification
Information Technology
Paramount Communications is entity of India. It is traded as Stock on NSE exchange. The company has 304.94 M outstanding shares. More on Paramount Communications Limited

Moving together with Paramount Stock

  0.91RELIANCE Reliance Industries SplitPairCorr
  0.85IOC Indian OilPairCorr

Moving against Paramount Stock

  0.39HDFCBANK HDFC Bank LimitedPairCorr

Paramount Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Paramount Communications' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Paramount Communications or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman CEOSanjay BCom
Thematic Ideas
(View all Themes)
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, ISP, Wireless, Communication Services, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors)
Paramount Communications' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Paramount Communications' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Paramount Communications can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Paramount Communications' financial leverage. It provides some insight into what part of Paramount Communications' total assets is financed by creditors.
Liquidity
Paramount Communications cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Paramount Communications Limited has accumulated 1.03 B in total debt. Debt can assist Paramount Communications until it has trouble settling it off, either with new capital or with free cash flow. So, Paramount Communications' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Paramount Communications sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Paramount to invest in growth at high rates of return. When we think about Paramount Communications' use of debt, we should always consider it together with cash and equity.

Change To Inventory

(1.15 Billion)
Paramount Communications Limited (PARACABLES) is traded on National Stock Exchange of India in India and employs 308 people. Paramount Communications is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 20.37 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Paramount Communications's market, we take the total number of its shares issued and multiply it by Paramount Communications's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Paramount Communications operates under Communications Equipment sector and is part of Information Technology industry. The entity has 304.94 M outstanding shares. Paramount Communications Limited has accumulated about 122.02 M in cash with (1.01 B) of positive cash flow from operations.
Check Paramount Communications Probability Of Bankruptcy
Ownership Allocation
Paramount Communications owns a total of 304.94 Million outstanding shares. Paramount Communications holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 63.39 pct. of Paramount Communications outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Paramount Ownership Details

Paramount Communications Risk Profiles

Although Paramount Communications' alpha and beta are two of the key measurements used to evaluate Paramount Communications' performance over the market, the standard measures of volatility play an important role as well.

Paramount Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Paramount Communications without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Earnings Calls Now

   

Earnings Calls

Check upcoming earnings announcements updated hourly across public exchanges
All  Next Launch Module

Other Information on Investing in Paramount Stock

Paramount Communications financial ratios help investors to determine whether Paramount Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Paramount with respect to the benefits of owning Paramount Communications security.