Paper stocks are buzzing on Dalal Street. Here s why
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Shares of NR Agarwal Industries surged 20 per cent, its daily circuit limit, to 301.70 on Thursday. Star Paper and Shree Ajit Pulp And Paper gained 6 per cent each to Rs 172.30 and Rs 334.95, respectively.
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JK Papers, West Coast Paper Mills, Pudumjee Paper Products, Tamil Nadu Newsprint and Papers, Nath Industries, Ganga Papers and B&A Packaging India advanced up to 5 per cent each. Most of them were locked in the upper circuit.
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New Delhi: Shares of paper stocks were abuzz on Thursday on the back of multiple reasons, including a sharp up move in prices of raw material and opening up of the economy.