Page 12 - Paramount Communications News Today : Breaking News, Live Updates & Top Stories | Vimarsana

“I believe the game is just starting. In consumer companies, once you cross Rs 100-crore profit mark, in the next three-four-five years, typically you end up moving to Rs 500 crore and that is the pattern in all consumer companies. That is what I expect in RedTape also but we will hold the stock till the time there is execution. If there is no execution, we at Stallion have better choices and will move out.”

Share market today: Benchmark indices Nifty, Sensex ended lower in the volatile session on August 24. Top losers on the Nifty included Reliance Industries, Grasim Industries, ONGC, while gainers were BPCL, Asian Paints, IndusInd Bank, Infosys and Britannia Industries. Watch this Visual Story to check buzzing stocks

Shares of Paramount Communications have delivered multibagger returns to the investors from its 52-week low at Rs 13.65 as the stock has surged about 300 per cent from these levels.

The 10 companies that saw highest buying by promoters from the open market in the last quarter, has Adani Groups cash cow Adani Ports and Special Economic Zone at the top of the list.

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