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Trades about 34% below its sector, cheaper than its peers on earnings.
Paramount Communications Limited, along with its affiliated companies, is an Indian enterprise specializing in the production and distribution of an extensive array of wires and cables to both public and private sector clients across India. Their diverse product portfolio encompasses power transmission solutions, such as high and low tension as well as aerial bunched cables; screened and unscreened control cables; and instrumentation cables designed for process control, A/D converters, microprocessor-based systems, and thermocouple connectivity. The company also supplies a comprehensive range of telecommunication cables, including optical fiber, jelly-filled, switchboard, fiber-to-the-home, and installation cables, alongside buried service and jumper wires. Furthermore, Paramount offers specialized cabling solutions for railway applications, such as underground signaling, quad axle counter, and bespoke instrumentation cables for metro projects. Their broader offerings include fire-survival, XLPE, multicore round, solar, PTFE, and other specialized cables, in addition to building and PVC wires. Beyond manufacturing, they provide end-to-end turnkey services covering design, engineering, supply, installation testing, and commissioning of projects. Marketed under the "Paramount Cables" brand, their products and services cater to a wide spectrum of sectors, including power, railways, telecom, IT & communications, construction, defense, space research, electronics, export markets, specialized EPC contractors, renewable energy, and the oil & gas industries. Founded in 1955, Paramount Communications Limited maintains its corporate headquarters in New Delhi, India.
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