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Sunil Singhania buys 3.6% stake in this cable stock
Source: Livemint — Markets · 4 hr ago
Summary
Paramount Communications reported profit growth, a sizable order book and plans to build a plant in Narmadapuram, highlighting its expansion agenda. Investor Sunil Singhania acquired a 3.6 % stake in the cable‑related company, though his reasons for the purchase were not explained.
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From the original report
Paramount Communications’ profit growth, ₹615 crore order book and planned Narmadapuram plant put the company’s expansion plans in focus, though the investor’s rationale for the purchase remains unclear.
Excerpt from Livemint — Markets.
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