PARAMOUNT COMM LTD
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Long on Paramount Communication - Paracables. #Breakoutstocks

Paramount Communications Ltd is engaged in manufacturing of Wires and Cables comprising of power cables, telecom cables, railway cables and specialised cables.

Breakout done at 80, after long consolidation. I feel that for my analysis, I will keep a target of 127 for this. That is over 30% return target. Let's see where it goes.
Nota
Paramount Communications: Pledges released worth of 184.72 crores by promoters. 3,96,74,457 (Three Crore Ninety-Six Lakhs Seventy-Four Thousand Four hundred and fiftyseven) equity shares. This should be a good news for the stock.
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