Paramount Communications Limited
Sunil Singhania’s newly disclosed holding in Paramount Communications crossed 1% to stand at 3.63%, representing 1,19,04,761 shares held through Abakkus AIF.
A manufacturer of wires and cables serving India's infrastructure, telecommunications, and transportation sectors. Paramount Communications produces power cables, telecom cables, railway cables, and specialized cables for diverse industrial and utility applications. The company operates as a vertically integrated producer, supplying to electricity distribution utilities, telecom operators, railways, and industrial customers across the country with engineered cable solutions.
The man who grew Reliance Mutual Fund's equity AUM from ₹200 Cr to nearly ₹80,000 Cr, one of the greatest fund management runs in Indian history. After leaving Reliance, Sunil Singhania launched Abakkus Asset Management (2018), which now manages ~₹36,700 Cr. Voted Best Fund Manager by Outlook Business (2016 & 2017). First Indian elected to the CFA Institute Board of Governors. His direct disclosed equity portfolio has consistently backed emerging industrials and financials before they became consensus.