Breakout stock
Paramount Communications Ltd is engaged in manufacturing of Wires and Cables comprising of power cables, telecom cables, railway cables and specialised cables.
Product Segments
Power: LT & HT Power Cables, LT & HT Aerial Bunch Cables, Control Cables, Instrumentation Cables.
Telecom: Optical Fiber Cable (OFC) & FTTH Jelly Filled Cables, CATV Cables.
Railways: Signalling Cables, Railway Power Axle Counter Cables.
Special Products: PTFE & Thermocouple Cables, Quad Cables Fire Survival Cables, Solar Cables.
EPC Services: Telecom Consultancy & EPC, Power & Railway EPC Turnkey Projects, Specialized Projects OPGW, Submarine Cables Installation & repair.
Change in Promoter holdings
The Promoter holdings have increased from 51.58% in FY17 to 62.12% in FY21 through a set of preferential allotments during FY18 & FY19, Open market acquisitions during FY20 and conversion of warrants in FY21.