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Paper stocks are buzzing on Dalal Street Here s why

Paper stocks are buzzing on Dalal Street. Here s why SECTIONS Share Synopsis 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. Getty Images 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. Related 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.

Market ahead: Ahead of Market: 12 things that will decide stock action on Thursday

Market ahead: Ahead of Market: 12 things that will decide stock action on Thursday
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Paper stocks on a roll; Star Paper, Seshasayee Paper rally up to 15%

Shares of paper manufactures were on a roll with most of the frontline stocks trading up to 15 per cent higher, and many of them quoting at their respective 52-week highs levels in intra-day trade on Wednesday on demand revival. Star Paper Mills (up 15 per cent at Rs 178), Orient Paper & Industries (up 13 per cent at Rs 33.30) and Seshasayee Paper & Boards (up 12 per cent at Rs 222.80) rallied over 10 per cent on the BSE. Astron Paper & Board Mill, JK Paper, Andhra Paper, Tamil Nadu Newsprint & Papers, Ruchira Papers and West Coast Paper were up 5 per cent to 8 per cent on the BSE. In comparison, the S&P BSE Sensex was up 0.20 per cent at 52,965 points, at 09:36 am.

Markets open with minor gains: Sensex up, Nifty regains 15,700; Reliance AGM today

Markets open with minor gains: Sensex up, Nifty regains 15,700; Reliance AGM today
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

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