Paramount Communications (PARACABLES) Share Price rises 8.38% as stock trades at Rs 61.20
- October 16, 2026
- Posted by: Kunal Singla
- Category: News
Paramount Communications Share Price is trading at Rs 61.20 after rising 8.38% today, with market capitalisation at Rs 1,846.94 Cr. According to latest Univest data, the move is confirmed, but no company-specific catalyst is established. The latest Paramount Communications Share Price action comes after the stock opened at Rs 57.30, moved to a low of Rs 55.86 and touched a high of Rs 62.83 during the ongoing trade. For readers tracking Paramount Communications Share Price Today, the key point is straightforward: the stock is higher, the move is measurable, and the price event is visible without a verified trigger. In this Paramount Communications Share Price update, investors can next monitor whether the move holds around the day’s range and how the company’s valuation compares with the Electricals cable industry benchmark. Univest data also shows useful context on P/E, P/B, ROE, ROCE and peer positioning.
Paramount Communications Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 61.2 |
| Previous Close | Rs 56.47 |
| Today's Move | Rs 4.73 (+8.38%) |
| Open | Rs 57.3 |
| High | Rs 62.83 |
| Low | Rs 55.86 |
| Market Capitalisation | Rs 1,846.94 crore |
| Market Cap Category | Small Cap |
Paramount Communications Ltd. (PARACABLES) rose to Rs 61.2 from the previous close of Rs 56.47, a move of Rs 4.73 or 8.38%. The stock opened at Rs 57.3, reached a high of Rs 62.83, recorded a low of Rs 55.86.
Paramount Communications Share Price is higher today, with the stock trading at Rs 61.20 versus the previous close of Rs 56.47. The day change stands at Rs 4.73, or 8.38%, while the stock has moved between Rs 55.86 and Rs 62.83 in the ongoing trade. The opening price was Rs 57.30, so Paramount Communications Share Price is also trading above the open as well as the previous close. That makes today’s price action clear and easy to track for anyone following Paramount Communications Share Price Today or Paramount Communications Share Price Live.
The latest Univest figures show that the price move is a same-day gain, not a statement about a broader trend by itself. Paramount Communications Share Price remains the central event, and the move is notable because it comes with a visible intraday range and a market cap of Rs 1,846.94 Cr. For readers scanning Paramount Communications Stock News, the relevant facts are the level, the percentage change and the placement of the stock inside today’s range. That sets up the broader question of whether the current Paramount Communications Share Price is supported by fundamentals and sector positioning.
Paramount Communications Ltd. (PARACABLES) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,846.94 crore |
| P/E Ratio | 30.32x |
| P/B Ratio | 2.08x |
| ROE | 8.01% |
| ROCE | 12.47% |
| EPS | Rs 1.86 |
| Book Value Per Share | Rs 27.15 |
| Dividend Yield | 0% |
Paramount Communications Ltd. (PARACABLES) fundamental metrics show P/E 30.32x, P/B 2.08x, ROE 8.01%, ROCE 12.47%. These ratios show where the company stands today and are not a call to buy or sell.
Paramount Communications Ltd. has a market capitalisation of Rs 1,846.94 crore and falls in the Small Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 30.32x, P/B at 2.08x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 8.01% and ROCE of 12.47%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 1.86, book value per share of Rs 27.15, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 28.88x, median ROE of 13.11%, median ROCE of 18.1%. Together they describe the fundamental backdrop without implying a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Electricals |
| Industry | Cable |
| Benchmark Scope | same industry |
| Company P/E Ratio | 30.32x |
| Benchmark Median P/E | 28.88x |
| Benchmark Average P/E | 36.87x |
| Benchmark P/E Range | 1.27x to 186.27x |
| Company P/B Ratio | 2.08x |
| Benchmark Median P/B | 2.72x |
| Company ROE | 8.01% |
| Benchmark Median ROE | 13.11% |
| Company ROCE | 12.47% |
| Benchmark Median ROCE | 18.1% |
| Company Market Capitalisation | Rs 1,846.94 crore |
| Benchmark Median Market Cap | Rs 615.08 crore |
Paramount Communications Ltd. (PARACABLES) operates in the Electricals sector, within the Cable industry.
Paramount Communications Ltd. (PARACABLES) has a P/E ratio of 30.32x, which is above the benchmark median of 28.88x, a difference of +4.99%. A P/E difference of this kind is a reference point rather than a recommendation.
Paramount Communications Ltd. (PARACABLES) has a ROE of 8.01%, which is below the benchmark median of 13.11%, a difference of -38.9%. Paramount Communications Ltd. (PARACABLES) has a ROCE of 12.47%, which is below the benchmark median of 18.1%, a difference of -31.1%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Polycab India Ltd. | POLYCAB | 1,25,387.91 | 39.23 | 9.74 | 25.03 | 34.93 |
| Sterlite Technologies Ltd. | STLTECH | 47,642.84 | 186.27 | 11.83 | 2.73 | 8.38 |
| KEI Industries Ltd. | KEI | 44,490.98 | 43.94 | 6.32 | 14.77 | 20.23 |
| RR Kabel Ltd. | RRKABEL | 30,105.29 | 48.46 | 10.6 | 20.83 | 28.43 |
| Diamond Power Infrastructure Ltd. | DIACABS | 22,619.05 | 113.55 | 20.89 | NA | 11.8 |
Paramount Communications Ltd. (PARACABLES) has a P/E ratio of 30.32x compared with the displayed peer median of 48.46x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 8.01% compares with a peer median of 17.8% across the companies shown in the table. ROCE stood at 12.47% versus the displayed peer median of 20.23%, providing a capital-efficiency comparison. Paramount Communications Ltd. (PARACABLES) has a market capitalisation of Rs 1,846.94 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Paramount Communications
- Paramount Communications Share Price is trading at Rs 61.20 after an 8.38% rise today.
- The stock moved between Rs 55.86 and Rs 62.83, giving a clear intraday price reference.
- Market capitalisation stands at Rs 1,846.94 Cr, which helps frame the size of the company in the Electricals sector.
- P/E of 30.32 and P/B of 2.08 give a direct valuation lens for Paramount Communications Share Price.
- ROE of 8.01% and ROCE of 12.47% place the stock below the same-industry medians in the latest Univest figures.
About Paramount Communications
Paramount Communications Ltd. operates in the Electricals sector and Cable industry. The company is tracked by investors for its position within the broader cable space and for its valuation profile on Univest. In today’s Paramount Communications Share Price discussion, the company sits in a benchmark set of 33 same-industry names, which allows a direct read on pricing, returns and relative market capitalisation.
From a company overview perspective, Paramount Communications Share Price is shaped by metrics such as P/E, P/B, EPS, book value, ROE and ROCE rather than by any single day’s move alone. The stock’s market cap of Rs 1,846.94 Cr places it above the industry median in the latest Univest figures, while its return ratios keep it distinct from the higher-ROE and higher-ROCE names in the peer list. For readers following Paramount Communications Stock Performance, the company remains a useful Cable industry name to watch against both sector and peer benchmarks.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why is Paramount Communications Share Price rising today?
Ans. Paramount Communications Share Price is rising today because the stock is trading at Rs 61.20, up 8.38% from the previous close of Rs 56.47. The price move is confirmed in Univest data; a company-specific reason has not been established.
What is Paramount Communications Share Price today?
Ans. Paramount Communications Share Price today is Rs 61.20. The stock is up Rs 4.73, or 8.38%, during the ongoing trade, and it has moved between Rs 55.86 and Rs 62.83 so far.
What is the market capitalisation of Paramount Communications?
Ans. Paramount Communications has a market capitalisation of Rs 1,846.94 Cr. In the same-industry benchmark set of 33 companies, this is above the median market cap of Rs 615.08 Cr.
What is the P/E ratio in Paramount Communications Share Price analysis?
Ans. Paramount Communications Share Price carries a P/E ratio of 30.32. That is above the same-industry median of 28.88 but below the benchmark average of 36.87 in the latest Univest figures.
How does Paramount Communications compare on P/B ratio?
Ans. The P/B ratio for Paramount Communications is 2.08. That is below the same-industry median of 2.72, which gives the stock a different valuation profile from several cable peers.
What do ROE and ROCE show for Paramount Communications?
Ans. Paramount Communications shows ROE of 8.01% and ROCE of 12.47%. Both are below the same-industry medians of 13.11% and 18.1%, so the return profile remains a key comparison point.
What are the EPS and book value in Paramount Communications Share Price data?
Ans. Paramount Communications reports EPS of 1.86 and book value of Rs 27.15. EPS reflects earnings attributable to each share, while book value shows the accounting net worth behind each share.
Does Paramount Communications pay a dividend?
Ans. Paramount Communications has a dividend yield of 0. That means the current Paramount Communications Share Price analysis is not being supported by a yield component, so valuation and operating returns matter more.
Track Paramount Communications Share Price on Univest
Use Paramount Communications Ltd. (PARACABLES) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Track Paramount Communications Share Price on Univest for live price levels, valuation ratios, 52-week levels and market insights in one place. The platform also helps readers follow Paramount Communications Share Price Today, Paramount Communications Stock News and the latest valuation context without mixing in speculation. For anyone comparing Paramount Communications Share Price with its cable peers, Univest keeps the key metrics easy to review.
