PARACABLES· Industrials› Cables

Paramount Communications Ltd

Stage 3 · Topping · week 6

Paramount Communications Limited, together with its subsidiaries, engages in the manufacture and sale of wires and cables in India. More about the company

₹57.5
-1.25% today
₹1,881 Cr · Small cap
Market Neutral — FadingIndustrials 26.3% in Stage 2-4.2 pts / 20dCables 45.5%-9.1 pts
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vs 52W High
-22.4%
₹28.6 lo₹74.1 hi
22.4% below 52W high — weakening from peak
Stock is rolling over from its 52W high. Stage 3 distribution — new longs are high risk here.
Stage Maturity
Week 6
1w13w26w
Week 6 — distribution, avoid new longs
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
13.6%
200 DMA: ₹50.6 · rising
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
0.54x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution — institutions are exiting. A clear warning to avoid new longs.
Trend Health
↓
MA20 rolling over · -4.0% vs MA50 -3.6%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-12.2%
3M
-11.4%
6M
+75.5%
YTD
+60.6%
1Y
+29.0%
Sector
Industrials
↓ Peaking
Stage 2%
26.3%
20d Δ
-4.2pp
1M return
-2.2%
3M return
+0.9%
Sector Stage-2 % · last 20 days
Sector has 130 Stage 2 leaders. See Industrials Stage 2 →
Industry
Cables
↓ Peaking
Stage 2%
45.5%
20d Δ
-9.1pp
1M return
+3.5%
3M return
+10.2%
Industry Stage-2 % · last 20 days
Industry has 5 Stage 2 leaders. See Cables Stage 2 →
Stage Cycle Timeline2023-07-12 → 2026-10-07
S2 17w
S4 16w
S4 35w
S2 14w
2023-07-122026-10-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 1w → S3 3w → S2 17w → S3 1w → S2 13w → S3 12w → S2 1w → S1 1w → S4 4w → S1 6w → S2 7w → S3 2w → S4 7w → S1 6w → S4 16w → S1 10w → S4 35w → S1 4w → S2 14w → S3 5w current
Total tracked: 167 weeks across 20 stage runs.
Scan Membership
Pullback Hunter
Latest: 2026-07-21
Prop Scan
Latest: 2026-07-21
Breakout Watch
Latest: 2026-05-25
59 appearances in last 60 days. First seen: 2024-06-12.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-07S3
Wk 6 · Vol 0.54x
2026-10-06S3
Wk 5 · Vol 0.54x
2026-10-05S3
Wk 5 · Vol 0.41x
2026-10-01S3
Wk 5 · Vol 0.96x
2026-09-30S3
Wk 5 · Vol 0.69x
2026-09-29S3
Wk 5 · Vol 0.88x
2026-09-28S3
Wk 4 · Vol 1.11x
2026-09-25S3
Wk 4 · Vol 1.07x
2026-09-24S3
Wk 4 · Vol 1.08x
2026-09-23S3
Wk 4 · Vol 0.71x
2026-09-22S3
Wk 4 · Vol 0.62x
2026-09-21S3
Wk 3 · Vol 0.44x
Sector Peers — Stage 2All →
SPECTRUM
wk 18 · -0.3% from hi
10.0
ROSSTECH
wk 30 · 0.0% from hi
9.6
SHIVAUM
wk 27 · -1.4% from hi
9.4
AXISCADES
wk 2 · -2.7% from hi
9.2
SAMBHV
wk 9 · -4.0% from hi
9.0
Moving averages & range
50 DMA
₹62.9
200 DMA
₹50.6
52W High
₹74.1
52W Low
₹28.6
5D Low
₹56.1
Resistance levels (recent highs)
20d High
₹69.1
60d High
₹69.1
120d High
₹74.1
250d High
₹74.1
Next resistance
+20.1%
to 20d High
Ask the Market AI about PARACABLESAsk →
P/E (TTM)
35.7
Forward —
Earnings Growth (YoY)
+8.1%
Revenue +13.1%
About this companyIndustrials· Cables

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 UL 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; telecom consultancy and turnkey; and power and railway turnkey projects. It serves power, telecom, railways, renewables, export, IT and communication, construction, defense, solar, space research, electronics, oil and gas, and specialized turnkey sectors. The company also exports its products. Paramount Communications Limited was founded in 1955 and is based in New Delhi, India.

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All analytics based on EOD data. Data as of 2026-10-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.