Paramount Communications rallies 12% on plans to set up manufacturing unit – Business Standard

Paramount Communications saw a 12% increase in its stock price following the announcement of plans to establish a new manufacturing unit. The company’s decision to expand its operations has generated excitement among investors, leading to a surge in its stock value. The move is expected to boost Paramount Communications’ production capacity and enhance its competitiveness in the market. The company’s strategic decision reflects its commitment to growth and innovation in the industry.