Paramount Communications Limited Share Price and Company Fundamentals

0.300 (1.389%)
52 week
9.65 - 28.0

Last traded: Last Friday at 10:00 AM

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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Company profile

Industry / Sector Communication Equipment / Technology
Full time employees 254
Mailing address Paramount House C-125 Naraina Industrial Area Phase 1 New Delhi 110028 India
Phone / Fax 91 11 4561 8800 / 91 11 2589 3719


Dividend yield


Dividend amount


Payout ratio


Paramount Communications Limited paid ₹0.00 dividend and the ex-dividend date was 11 Sept 2008.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.PARACABLES dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

PARACABLES's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Paramount Communications Limited.

Name Title Age Total Pay
Mr. Sanjay Aggarwal Chairman, Whole-Time Director & CEO 59 17.9M
Mr. Shambhu Kumar Agarwal Chief Financial Officer
Ms. Rashi Goel Company Sec. & Compliance Officer
Mr. Sandeep Aggarwal MD & Exec. Director 57 17.88M
Mr. D. S. Muchhal Pres of Operations
Mr. N. K. Gupta VP of Fin. & Accounts
Mr. R. K. Marwah VP of Technical
Mr. Rajeev Gupta VP of Marketing
Mr. Manmeet Singh Anand Head of Bus. Devel.

Profitability and management effectiveness

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Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Paramount Communications Limited is and its enterprise value is .

The PARACABLES's stocks Beta value is 0.15 making it 85% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Paramount Communications Limited (NSE:PARACABLES) Frequently Asked Questions

1. What is Paramount Communications Limited's Stock Symbol?

Paramount Communications Limited trades on NSE under the ticker symbol "PARACABLES".

2. What is Paramount Communications Limited's stock price today?

One share of PARACABLES stock can currently be purchased for approximately ₹21.9.

3. How can I contact Paramount Communications Limited?

Paramount Communications Limited's mailing address is Paramount House C-125 Naraina Industrial Area Phase 1 New Delhi 110028 India. The company can be reached via phone at 91 11 4561 8800.

4. What is Paramount Communications Limited's official website?

The official website of Paramount Communications Limited is