Paper Sector Writes Bullishness, Stocks Follow The Lead: Raw Material

Paper Sector Writes Bullishness, Stocks follow the Lead
The paper industry of the country witnessed huge surge on Wednesday. By

the end of the day,
the sector closed up
by 2.59 per cent.
Raw Material
Pulp is one of the
major raw materials
used by the paper
mill. This is where it
gets
interesting.
Paper pulp price has
dropped since June
2015. At the moment it is trading at its 7 years low. The price fell from a high
of 668 to 512. The recent low of 484 was made on the 2nd week of November.
Top Gainer/loser in past one year

Instrument
Sector LTP
Percentage
JK Paper
PAPER
90.75
18.86
Genus Paper
PAPER
6.1
18.45
West Coast Paper
PAPER
140
15.13
Ruchira Papers
PAPER
110.4
14.11
BILT
PAPER
16.85
13.85
Malu Paper
PAPER
32.75
12.54
Seshasayee Paper
PAPER
772
11.61
Balkrishna Paper
PAPER
83.45
11.04
Rama Newsprint
PAPER
31.65
10.86
Orient Paper
PAPER
73.4
9.55
International Paper
PAPER
317.8
7.93
TNPL
PAPER
352.4
6.64
Pudumjee Paper
PAPER
19
6.04
Karur KCP
PAPER
64.75
Rainbow Papers
PAPER
3.8
Sirpur Paper Mills
PAPER
8.2
Servalakshmi Paper
PAPER
3.65
-13.1
On the Market Front

West Coast Paper: The West Coast Paper Mills is one of the oldest as
well as largest producers of paper for printing, writing, and packaging in
the country. Established in the year 1955, soon after Independence, the
paper mill is located at Dandeli in Karnataka near the banks of River
Kali.
In todays trading session, West Coast Paper share price climbed the
growth ladder on the back of the rising sector. The share price surged
by more than 5 per cent to settle 4.44 per cent up at Rs 140.00.
JK Paper: JK Paper Limited has two large integrated paper

manufacturing units JK Paper Mills, Rayagada, Odisha along with
Central Pulp Mills, Songadh, Gujarat with an aggregated capacity of
4,55,000 TPA. It is the market leader in Branded Copier paper segment
as well as among the top two players in Coated Paper and high-end
Packaging Boards.
JK Paper share price was one of the top performers of the sector today.
The share price surged more than 9 per cent today. By the end of todays
session it closed at Rs 90.75, up by 5.98 per cent.
Orient Paper: Orient Paper Mill is a paper as well as paper crafts
manufacturer in Amlai of Madhya Pradesh and Brajarajnagar of Orissa,
India, which employs most of the populace of that area. It is one of the
most efficient paper mills in the particular area and has been associated
with paper manufacture in Africa. The mill is part of Orient Paper &
Industries, which comprises the paper facility and manufactures of
Portland cement and ceiling fans, and which itself is a subsidiary
company of CK Birla Group.
Orient Paper share price moved as much as more than 9 per cent
following the industry lead. It closed at Rs 73.40 apiece on NSE.
Tomorrows session will tell us if this rally will continue or it was a one day
theme.
Disclaimer
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the research team. Users are advised to use the data for the purpose of information and rely on their own judgment while making
investment decision.
Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
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Article Written by
Nabarupa Kanjilal

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Paper Sector Writes Bullishness, Stocks follow the Lead

The paper industry of the country witnessed huge surge on Wednesday. By

Top Gainer/loser in past one year

West Coast Paper

Sirpur Paper Mills

On the Market Front

JK Paper: JK Paper Limited has two large integrated paper

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