Algo version: 0.98b
Paramount Communications is listed at the NSE Exchange
Paramount Communications [PARACABLES.NS]
NSE Sector: Technology Industry:Communication Equipment

Is Paramount Communications stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Paramount Communications pays dividends. Last time was Monday 29th of September 2008 where the investors holding the stock on Thursday 11th of September 2008 were paid INR0.4 per share. Over the last 2 times between 2007 and 2008, Paramount Communications has paid INR0.8 with an average of INR0.4 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Paramount Communications 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR9.50, you would have made a profit of INR80.36 per share or 845.89%

Yes, the average daily trading liquidity for Paramount Communications is INR2.47 million. You should therefore be able to get in and out of your positions relatively fast.

Paramount Communications has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.18, the company's ability to pay off the debt is normal. Paramount Communications has a good net profit margin of 8.00% and should have high tolerances against inflation.

We have calculated the inflation risk for Paramount Communications to be low [0.4 of 1]

US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.