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Paramount Communications Ltd is engaged in manufacturing of Wires and Cables comprising of power cables, telecom cables, railway cables and specialised cables.
Paramount Communications' promoters, Sanjay Aggarwal and Sandeep Aggarwal, collectively bought 33,380 equity shares from the open market for about 0.11 Cr. This modest insider buying boosts their combined stake to 49.18%, reflecting continued confidence in the company's future.
Paramount Communications' promoters are increasing their stake via open market purchases. Whole Time Director Sanjay Aggarwal acquired 80,000 equity shares for 26,33,792.00. Managing Director Sandeep Aggarwal bought 61,896 shares for 20,33,890.18. This signals confidence and slightly boosts their collective holding.
Paramount Communications' promoters, Sanjay and Sandeep Aggarwal, collectively acquired 150,000 equity shares via open market transactions worth a total of 6,007,252.5. This increased the promoter group's stake from 49.07% to 49.12%, reflecting continued confidence.
Paramount Communications' MD & Promoter, Sandeep Aggarwal, bought 24,500 equity shares via open market. This small purchase slightly increased his and allied parties' stake from 49.06% to 49.07%. An insider buy often signals confidence.
Paramount Communications' Managing Director & Promoter, Sandeep Aggarwal, increased his stake by acquiring 27,000 equity shares for Rs. 6,52,705 through open market purchase. This transaction boosts the promoter group's total holding to 49.06%, indicating continued confidence in the company.