Highlights & Chart Patterns of The Paper Products Limited
Bearish Gap down at lows with good volume. Strong downward Momentum
Strong price drop supported with good volume.
Candlestick pattern Bearish Gap down formed , but volume or other trend not very supportive
Candlestick pattern Inverted Hammer formed , but volume or other trend not very supportive
Bearish Initiation Heikin Ashi Pattern formed
Long Term Higher High and Higher Lows , Top Points :44.1/06-Jan-23 00:00 23.55/02-Sep-22 00:00 13.3/21-Apr-22 00:00 , Bottom Points : 28.6/20-Mar-23 00:00 20.6/30-Nov-22 00:00 9.95/20-Jun-22 00:00
Bullish Crossover and sustaining.
Share Price History of The Paper Products Limited
Date
Open
High
Low
Close
Volume
28-Mar-23
30.60
31.55
30.15
30.15
686 K
27-Mar-23
34.00
34.00
31.70
31.70
298 K
24-Mar-23
34.70
34.70
32.30
33.35
1313 K
23-Mar-23
33.05
33.05
33.05
33.05
72475
22-Mar-23
31.00
31.50
31.00
31.50
144 K
21-Mar-23
29.20
30.00
28.50
30.00
359 K
20-Mar-23
29.70
29.70
27.90
28.60
295 K
17-Mar-23
28.85
29.90
28.30
28.80
760 K
16-Mar-23
30.95
30.95
29.40
29.40
895 K
15-Mar-23
32.95
33.35
30.95
30.95
411 K
About Paramount Communications Limited
Paramount Communications Limited, together with its subsidiaries, engages in the manufacture and sale of wires and cables to public and private sector companies in India. The company provides power cables, including high tension and low tension power and aerial bunch cables; screened and unscreened type control cables; instrumentation cables for process control, A/D converters, and other microprocessor based instrumentation circuits; and thermocouple extension and compensating cables for connecting thermocouples to control and measurement devices. It also offers telecom cables, such as optical fiber, jelly filled, switched board, fiber to the home, and installation cables, as well as buried service and jumper wires. In addition, the company provides underground railway signaling and quad axle counter cables, optical fiber cables, and specialized instrumentation cables for underground and elevated metro projects; fire survival, XLPE, multicore round, solar, PTFE, and special cables; and building and PVC wires. Further, it offers turnkey services for construction, design, supply, engineering, and installation testing and commissioning. The company sells its products under the Paramount Cables brand name. It serves power, railways, telecom, IT and communications, construction, defense, space research, electronics, export, specialized turnkey, renewable, and oil and gas sectors. Paramount Communications Limited was founded in 1955 and is based in New Delhi, India.
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