Paramount Communications Hits New 52-Week Low at Rs. 43.73

Paramount Communications, a small-cap player in the Cables - Electricals industry, has reached a new 52-week low of Rs. 43.73 today, October 7, 2025. This decline marks a significant downturn for the stock, which has underperformed its sector by 0.91% and has seen a consecutive fall over the past two days, resulting in a total drop of 2.33% during this period.
The stock's performance over the past year has been notably poor, with a decline of 42.11%, contrasting sharply with the Sensex's modest gain of 1.35%. Paramount Communications is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend.

Despite the challenges reflected in its stock price, the company has reported healthy long-term growth in net sales, which have increased at an annual rate of 25.91%. However, recent financial metrics show a decline in profitability, with a reported PAT of Rs. 37.24 crore, down 32.03% over the latest six months. The stock's valuation remains attractive, trading at a discount compared to its peers, but the lack of domestic mutual fund investment suggests caution among institutional investors.