Stock doesn't offer attractive dividend returns
Good time to consider, as stock is not in overbought zone
Too much promoter holding pledged
Paramount Communications Limited is a wires and cables manufacturing company. The Company caters to a range of industries, including power, railways, telecom and IT, petrochemicals, defense and space research projects.
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In last 6 months, promoter holding in the company has almost stayed constant
A significant proportion of promoter holdings is pledged
In last 3 months, mutual fund holding of the company has almost stayed constant