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PARACABLES · Industrials · 2026-08-07

Paramount Communications Ltd

4.9WatchWeak -2.9Stage 2 · wk 11In scan: Pullback Hunter · Prop Scan · Breakout WatchMARKET: BULL TOPPING · 2026-08-07
₹68.9
+4.35% today
₹2,255 Cr · Small cap
About this companyIndustrials· Cables
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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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P/E (TTM)
35.7
Forward —
Earnings Growth (YoY)
+8.1%
Revenue +13.1%
vs 52W High
-7.0%
₹28.6 lo₹74.1 hi
7.0% below 52W high — pullback range
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 11
1w13w26w
Week 11 — early Stage 2, building
How long this stock has been in Stage 2. The sweet spot is typically 13–26 weeks — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
49.5%
200 DMA: ₹46.1 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
1.10x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
MA20 rolling over · -3.5% vs MA50 +6.9%
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.
Sector
Industrials
↓ Peaking
Stage 2%
36.4%
20d Δ
-2.5pp
1M return
+3.2%
3M return
+5.3%
Sector Stage-2 % · last 20 days
This stock ranks #66 of 157 Stage 2 stocks in Industrials by RS.
Industry
Cables
↓ Peaking
Stage 2%
54.5%
20d Δ
-18.2pp
1M return
+11.3%
3M return
+12.2%
Industry Stage-2 % · last 20 days
Ranks #4 of 6 Stage 2 stocks in this industry.
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-15 → 2026-08-07
S2 17w
S4 16w
S4 35w
2023-05-152026-08-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 9w → 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 11w current
Total tracked: 167 weeks across 19 stage runs.
1M
+2.9%
3M
+25.0%
6M
+110.8%
YTD
+71.7%
1Y
+20.6%
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
2026-08-07S2
Wk 11 · Vol x
2026-08-06S2
Wk 11 · Vol x
2026-08-05S2
Wk 11 · Vol x
2026-08-04S2
Wk 10 · Vol x
2026-08-03S2
Wk 10 · Vol x
2026-07-31S2
Wk 10 · Vol x
2026-07-30S2
Wk 10 · Vol x
2026-07-29S2
Wk 10 · Vol x
2026-07-28S2
Wk 9 · Vol x
2026-07-27S2
Wk 9 · Vol x
2026-07-24S2
Wk 9 · Vol x
2026-07-23S2
Wk 9 · Vol x
Sector Peers — Stage 2All →
DIACABS
wk 12 · 0.0% from hi
9.6
ATALREAL
wk 13 · 0.0% from hi
9.3
KAPSTON
wk 10 · -1.5% from hi
9.0
IL&FSENGG
wk 8 · -0.3% from hi
8.9
KABRAEXTRU
wk 7 · -6.1% from hi
8.8
Moving averages & range
50 DMA
₹66.3
200 DMA
₹46.1
52W High
₹74.1
52W Low
₹28.6
5D Low
₹64.4
Resistance levels (recent highs)
20d High
₹68.9
60d High
₹74.1
120d High
₹74.1
250d High
₹74.1
Next resistance
+7.6%
to 60d High

All analytics based on EOD data. Data as of 2026-08-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.