Paramount Communications (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Paramount Communications Limited |
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Price: ₹83.90 | ||
| 52 Week Low: ₹62.75 52 Week High: ₹116.85 |
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| Market Capital: 2,638.96 Crore (Smallcap) | |||
| Technology -> Communication Equipment | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Paramount Communications Share Price Target For 2024
- 1.1.1: Paramount Communications Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Paramount Communications Share Price Target For 2025
- 1.2.1: Paramount Communications Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Paramount Communications Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Paramount Communications Brief Company Overview
- 4: Paramount Communications Financial Performance
- 4.0.1: Is Paramount Communications A Good Buy For Long Term?
To predict the Paramount Communications's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Paramount Communications Share Price Target For 2024
The line chart displays the monthly closing prices of Paramount Communications with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Paramount Communications shares in 2024, see the table below.
Paramount Communications Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 89.35 (+6.49%) | Price Action: 10 Sep 2024 Low |
| 2024 Target 2 | 88.43 (+5.39%) | Price Action: 03 Oct 2024 High |
| 2024 Target 1 | 87.4 (+4.17%) | Price Action: 27 Feb 2024 Low |
| Current Price | 83.90 | Paramount Communications's share price as of 26 Dec 2024 |
| Stop Loss 1 | 82.3 (-1.91%) | Price Action: 11 Mar 2024 High |
| Stop Loss 2 | 81.47 (-2.9%) | Fibonacci Retracement Level 38.20% |
| Stop Loss 3 | 80.65 (-3.88%) | Price Action: 21 Dec 2023 Low |
Short-Term Technical Outlook
Current Technical Position: Paramount Communications is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹76.64 serves as the nearest technical reference point.
Historical Returns: 3-month: -2.39% | 6-month: +14.6% | 1-year: -4.82%
Paramount Communications Share Price Target For 2025
The line chart displays the monthly closing prices of Paramount Communications with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Paramount Communications shares in 2025, see the table below.
Paramount Communications Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 123.16 (+46.79%) | Price Action: Chart |
| 2025 Target 2 | 120.86 (+44.05%) | Price Action: Chart |
| 2025 Target 1 | 119.66 (+42.62%) | Fibonacci Extension Level 64.90% |
| Current Price | 83.90 | Paramount Communications's share price as of 26 Dec 2024 |
| Stop Loss 1 | 75.7 (-9.77%) | Price Action: 05 Mar 2024 Low |
| Stop Loss 2 | 74.91 (-10.72%) | Price Action: 08 Oct 2024 Low |
| Stop Loss 3 | 74.15 (-11.63%) | Price Action: 01 Nov 2024 High |
Long-Term Technical Outlook
52-Week Range Analysis: Paramount Communications is currently trading at 39.1% of its 52-week range (₹62.75 - ₹116.85).
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: -4.82% | 3-year: +501.43% | 5-year: +892.9%
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Approach 2: Machine Learning By Studying Historical Prices
Paramount Communications Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹83.90 | ||
| 2024 | ₹69.91 | -16.67% | ₹71.87 |
| 2025 | ₹84.96 | +21.52% | ₹86.23 |
| 2026 | ₹92.79 | +9.21% | ₹94.18 |
| 2027 | ₹91.87 | -0.99% | ₹95.60 |
| 2028 | ₹100.50 | +9.39% | ₹102.01 |
| 2029 | ₹99.79 | -0.7% | ₹101.29 |
| 2030 | ₹118.41 | +18.65% | ₹120.19 |
| 2031 | ₹126.66 | +6.96% | ₹128.56 |
| 2032 | ₹123.13 | -2.78% | ₹128.88 |
| 2033 | ₹132.51 | +7.61% | ₹137.20 |
| 2034 | ₹129.67 | -2.14% | ₹143.59 |
| 2035 | ₹151.86 | +17.11% | ₹154.14 |
| 2036 | ₹160.53 | +5.7% | ₹162.94 |
| 2037 | ₹154.38 | -3.83% | ₹162.15 |
| 2038 | ₹164.52 | +6.56% | ₹170.47 |
| 2039 | ₹164.69 | +0.1% | ₹177.46 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Paramount Communications Brief Company Overview
Paramount Communications: A Leading Cable and Wire Manufacturer in India Paramount Communications, established in 1955, boasts a 67-year history as a prominent manufacturer and supplier of wires and cables to diverse industries in India. Headquartered in New Delhi,...
Paramount has earned a reputation for excellence in the industry. Key Products and Services: Power cables (high/low tension, aerial bunch cables) Control cables (screened/unscreened) Instrumentation cables (process control, A/D converters) Telecom cables (optical fiber, jelly filled, fiber to the home) Underground railway signaling and quad axle counter cables Fire survival, XLPE, multicore round, solar, PTFE, and special cables Building and PVC wires Turnkey services (construction, design, supply, engineering, installation testing, and commissioning) Paramount's commitment to quality and innovation has made it a trusted partner for numerous sectors, including power, railways, telecom, IT and communications, construction, defense, space research, electronics, specialized turnkey, renewable, and oil and gas. The company serves both the domestic and international markets through its exports.Paramount Communications Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 2,638.96 Crore | Market valuation of Paramount Communications's shares. |
| Revenue (TTM) | 949.3 Crore | Total revenue generated by Paramount Communications over the past twelve months. |
| Net Income (TTM) | +69.85 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +7.62% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +7.35% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+30.3% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+53.8% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
38.02 | Company's total debt divided by total shareholder equity. |
| Total Debt | 151.27 Crore | Sum of Paramount Communications's current & long-term financial obligations. |
| Total Cash | 36.26 Crore | Total amount of liquid funds available to Paramount Communications. |
| Beta | 0.01 | Beta is less than 1 indicating that the Paramount Communications's price is less volatile than the market. |
Is Paramount Communications A Good Buy For Long Term?
Paramount Communications' impressive long-term returns and consistent revenue growth indicate its potential as a good buy. Its profitability, as reflected by its profit margin of 7.35%, further supports this view. While the company has some debt, its cash balance provides a cushion. However, the recent dip in earnings and negative YTD returns should be considered before making a decision. Overall, Paramount Communications presents a compelling opportunity for long-term investors seeking a balance of growth and value.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
