Should I buy Paramount Communications stock in 2025? [India Analysis]

What is Paramount Communications?

How much is Paramount Communications stock?

The price of Paramount Communications stock is rising this week. As of now, the stock trades at ₹60.08, up ₹2.82 or 4.92% over the past 24 hours, with a weekly gain reflected in growing momentum.

Paramount does not pay dividends, keeping its dividend yield at 0.00%. The stock’s beta currently signals typical market volatility for its sector.

With positive technical indicators and increased trading interest, investors should watch for potential short-term movements ahead of the next earnings release.

Our full analysis on Paramount Communications stock

Having reviewed Paramount Communications’ latest financial results and assessed the stock’s performance over the past three years, our analysis integrates fundamental indicators, technical signals, sector trends, and comparative peer metrics—synthesized through advanced proprietary algorithms. Paramount has recently exhibited robust financial and operational momentum, drawing heightened market interest amid a dynamically expanding cables and wires sector. So, why might Paramount Communications stock once again become a strategic entry point into the Indian industrial and infrastructure landscape in 2025?

Recent Performance and Market Context

Paramount Communications’ share price currently stands at ₹60.08 on the NSE, registering a significant daily gain of nearly 5%—a move that reflects building optimism ahead of its FY2024-25 results. The stock, while approximately 40% below its 52-week high of ₹100.69, has staged an impressive recovery from recent lows, now comfortably within the top quartile of its annual trading range. This recent upside is supported by a surge in daily trading volumes, spurred partly by speculation around upcoming quarterly results and the company’s visible strategic deleveraging.

From a longer-term perspective, Paramount’s three-year compounded sales growth (27%) and profit growth (202%) far outpace typical sector averages, positioning it as a star performer among Indian mid-cap industrials. Moreover, the cables and wires sector stands to benefit handsomely from expansive infrastructure outlays, ongoing investments in railway modernization, rapid urbanization, and the “Make in India” policy’s clear emphasis on domestic manufacturing. These macroeconomic tailwinds, coupled with structural reforms and growing demand for high-specification telecom and power cables, have marked out well-managed players like Paramount as potential long-term sector winners.

Technical Analysis

A closer examination of the technical setup reveals the following:

• Momentum & Moving Averages: Paramount’s price is decisively above its 20-day (₹51.47) and 50-day (₹51.78) simple moving averages, underlining a well-established short-term uptrend. While the stock still sits below its 100-day (₹62.06) and 200-day (₹70.68) averages—a nod to its longer-term mean reversion—recent market action signals an attempt to reverse the preceding downtrend.
• Oscillators: The RSI (14) prints at 64.18, suggesting a strong but not yet overbought market. Stochastic RSI at 1.00 and CCI (14) over 150 both confirm the bullish momentum, while MFI at 71.25 approaches overbought but remains within a typical breakout setup.
• MACD: The MACD histogram and cross-over configuration now register a compelling bullish signal, and the bias remains to the upside.
• Support/Resistance: Immediate support lies at ₹56.10–₹54.01, while near-term upside encounters resistance at ₹60.28. Clearance above this level, particularly on convincing volume, could pave the way for a move towards higher retracement levels within the year’s trading band.

In summary, the technical posture underscores a stock in early-stage recovery, with reinforced bullish momentum suggesting further upside potential—especially if upcoming catalysts are favorable.

Fundamental Analysis

Paramount’s fundamentals continue to impress:

• Top-Line & Profitability: In Q3 FY2024-25, Paramount logged revenues of ₹386.39 crore—a 40.33% uplift YoY—while posting a net profit of ₹22.53 crore and EPS of ₹0.74. These figures highlight a company navigating growth with improving efficiency, underpinned by an expanding operating margin of 7.7%.
• Debt Profile: The company has nearly eliminated its debt burden, vastly enhancing balance sheet flexibility. Crisil’s BBB/Stable and A3+ ratings on its facilities further validate Paramount’s strengthened credit profile.
• Return Metrics: ROE stands at a robust 18.4% and ROCE at 14.7%, underscoring best-in-class capital deployment.
• Valuation: With a P/E of 18.7, Paramount is attractively valued relative to peers—many of whom command richer multiples without similar growth rates. Its price-to-book at 2.70 is somewhat elevated, but appears justified in the context of high growth, superior margins, and a freshly repaired balance sheet.

Strategically, Paramount leverages six decades of manufacturing know-how, boasts significant market share in specialized cables, and maintains a resilient brand profile. Its ability to ramp up rapidly in response to infrastructure cycles gives it a structural advantage. The upcoming May 21 results announcement also functions as a near-term event risk with strong positive asymmetry.

Volume and Liquidity

Sustained high trading volumes are a clear indicator of market confidence: current daily turnover is around 2.3 million shares (combined NSE and BSE), and the stock’s 30-day average volume is even higher at 3.22 million shares. This suggests active trading interest and the availability of sufficient liquidity at current levels—attributes essential for institutional and high-net-worth participation.

The float is both deep and actively distributed, with public shareholding constituting 48.42% and promoters maintaining a sizable (albeit recently trimmed) stake at 49.06%. This dynamic fosters price discovery and positions the stock for potentially rapid re-valuations, particularly as new information or catalysts emerge.

Catalysts and Positive Outlook

Several forward-looking drivers merit attention:

• Debt-Free Status & Improved Ratings: Paramount’s significant debt reduction and reputable Crisil ratings lay the groundwork for opportunistic expansion, possible new project wins, and M&A optionality.
• Government Policy & Infrastructure Cycle: The “Make in India” initiative and expansive government programs targeting railways, smart cities, renewable energy, and digital infrastructure are likely to fuel multi-year demand for Paramount’s core offerings.
• Technological Innovation & Expansion: Ongoing upgrades in cable technology, combined with Paramount’s expanding penetration into power and telecom verticals, further widen its addressable market.
• Upcoming Earnings: The imminent Q4 and FY2024-25 results release on May 21, 2025, is not only a visibility event but could serve as a decisive short-term catalyst for price re-rating, contingent on another quarter of robust execution.
• Sector Uptrend: The cable and wires space is in a structural upcycle, benefitting from digitization, electrification, and urban expansion—a context that favors best-in-class operators.

Investment Strategies

A range of approaches seem constructive for entry at this juncture:

• Short-Term: For those tracking immediate catalysts, the period around the May 21 results offers an ideal tactical window. A confirmation of continued earnings momentum could trigger a swift re-test of higher resistance bands.
• Medium-Term: Investors willing to ride 3–9 month cycles may benefit from anticipated project announcements, infrastructure outlays in the Union Budget, or additional operational milestones.
• Long-Term: For core portfolios, Paramount suits investors seeking sustained growth exposure to India’s infrastructure modernization and urbanization trends. The company’s long-term market positioning, growing profitability, and debt-free platform provide solid underpinnings for compounding returns.

Current technical levels—trading just below the 100-day and 200-day moving averages after a period of robust short-term performance—suggest an attractive entry before a potential upside breakout. The risk-reward profile favors accumulation ahead of upcoming strategic catalysts.

Is it the Right Time to Buy Paramount Communications?

In sum, Paramount Communications demonstrates multiple hallmarks of an emerging opportunity: formidable revenue and profit growth, a dramatically de-risked balance sheet, solid technical momentum, and a supportive sectoral backdrop. With trading volumes robust and institutional engagement high, the next results release may crystallize a new bullish narrative for the stock.

Paramount’s fundamentals justify renewed investor interest, technical signals are aligning for a potential breakout, and the macro context is highly advantageous for key operators in the cables and communications infrastructure arena. For those seeking exposure to India’s infrastructure resurgence—across short, medium, or long investment horizons—Paramount Communications appears to represent an excellent opportunity.

As the company prepares for significant new milestones, renewed sector investments, and a broader infrastructure cycle, Paramount Communications may well be entering a new bullish phase, warranting close attention and consideration from investors seeking quality, growth, and upside potential in the Indian technology and industrial universe.

How to buy Paramount Communications stock in IN?

Buying Paramount Communications stock online is both simple and secure when you go through a regulated broker in India. You have two main methods to consider: purchasing shares outright (spot buying), which gives you direct ownership, or trading via Contracts for Difference (CFDs), which lets you speculate on price movements without owning the stock. Both routes offer unique advantages depending on your financial goals and risk appetite. Before you get started, it’s smart to compare broker fees, trading platforms, and available features—a full comparison is provided further down this page.

Cash buying

With a cash purchase, you are buying Paramount Communications shares directly on the stock exchange (NSE or BSE), becoming a part-owner of the company and holding the shares in your demat account. Indian brokers typically charge a fixed commission per order—often between ₹10 and ₹20 per trade, but it may vary.

Concrete example

Assume Paramount Communications is trading at ₹60.08 per share. With a ₹83,500 stake (approx. $1,000 USD at ₹83.5/USD), you could buy about 1,389 shares, after accounting for a brokerage fee of around ₹420 (approx. $5).

Gain scenario: If the share price rises by 10%, your holding would then be worth approximately ₹91,850 (or $1,100).
Result: +$100 gross gain, translating to a +10% return on your investment.

Trading via CFD

CFD (Contract for Difference) trading lets you speculate on the price movement of Paramount Communications without actually owning the shares. You can take a position with leverage—meaning you only need a fraction of the position value as margin. Fees are typically built into the spread (difference between buy/sell price), and there may be overnight financing charges if you hold your position over multiple days.

Example with leverage

Imagine you open a CFD position on Paramount Communications using $1,000 (about ₹83,500) with 5x leverage. This gives you a market exposure of $5,000 (₹417,500).

Gain scenario: If the share price rises by 8%, your CFD position would deliver a 40% gain (8% × 5 leverage).
Result: +$400 gain on your $1,000 outlay, excluding fees and overnight charges.

Final advice

Before investing, carefully compare each broker’s fees, available markets, and trading conditions, as these can significantly affect your returns. Ultimately, the method you choose depends on your financial objectives: spot buying suits those seeking long-term ownership, while CFDs may appeal to those pursuing short-term opportunities with leverage. To find the broker that best fits your needs, consult the detailed comparator further down the page.

Our 7 tips for buying Paramount Communications stock

The latest news about Paramount Communications

Paramount Communications' share price surged by 4.92% on the NSE within the last business week. On May 19, 2025, the stock closed at ₹60.08, marking a robust daily gain and signaling renewed investor confidence. This price action broke above several short-term resistance levels and placed the stock comfortably above its 20-day and 50-day simple moving averages, reinforcing a short-term bullish trend. The trading volume, while slightly below the 30-day average, remained strong at 2.3 million shares across NSE and BSE, highlighting sustained market interest as infrastructure-related themes remain favorable in India.

The company recorded a 40.33% year-on-year revenue increase in its most recent quarterly report, maintaining its multi-year growth trajectory. For Q3 FY2024-25 (December 2024), Paramount Communications posted revenue of ₹386.39 crore and a net profit of ₹22.53 crore—substantial improvements compared to the previous year. The company's compounded profit growth over three years stands at 202%, and the return on equity remains healthy at 18.4%. These strong financial metrics reflect effective operational execution and position Paramount as one of the notable performers in India's expanding wires and cables sector, a key beneficiary of government-led infrastructure investments and the “Make in India” initiative.

Paramount Communications has substantially reduced its debt, nearing a debt-free status and improving its financial resilience. This deleveraging effort has bolstered the company’s balance sheet, reducing risk and enhancing its capacity to capitalize on market opportunities. Credit agency Crisil maintains BBB/Stable and A3+ ratings on the company’s recent ₹150 crore banking facilities, reaffirming Paramount’s stable outlook. This credit strength has been a material factor underpinning recent investor optimism and the positive price trend.

Key technical indicators signal strong momentum, with the stock showing upward trends across major oscillators. As of this week, the stock’s RSI sits at 64.18 and its MACD indicator displays bullish momentum, while the price remains ahead of key short- and medium-term moving averages. The Stochastic RSI of 1.00 and CCI of 156.75 further confirm strong momentum, but the stock has not yet entered clearly overbought territory. These technical signals suggest the consolidation of the recent uptrend, with the next key resistance set just above the current level at ₹60.28—a break of which could provide further upward impetus.

The upcoming announcement of full-year and Q4 FY2024-25 results, scheduled for May 21, 2025, is anticipated as a major near-term catalyst. The convening of Paramount’s board meeting has been officially disclosed, fueling market expectations for another set of strong financials. Analysts anticipate that confirmation of continued revenue and profit growth, as well as operational updates, could have a decisive impact on share performance, especially given the alignment with technical and fundamental strengths evident in recent data. The company’s presence in national infrastructure projects and the positive sentiment surrounding the industry add further weight to this key event for Indian investors.

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P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.