Paramount Prospects

PCL is a good pick for value investors but it suffers from low liquidity

The Delhi-based Paramount Communication (PCL) is poised to grow on the back of capacity expansion through its subsidiary Paramount Wires & Cables (PWCL). The company is set to establish its fibre optics project by the end of this fiscal and is also eyeing exports to maintain growth.

PCL produces and sells polyethylene insulated jelly filled telecom cables and other specialised control and instrumentation cables. Jelly filled cable is the main business comprising around 90 per cent of PCL