Invest in the best stock opportunities right now and every-time.
Start Systematic Stock Investing ...in less than a minute.
JK Paper is currently trading at Rs. 36.50, up by 0.10 points or 0.27% from its previous closing of Rs. 36.40 on the BSE.
The scrip opened at Rs. 36.70 and has touched a high and low of Rs. 36.75 and Rs. 36.40 respectively. So far 1385 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 43.70 on 23-Oct-2012 and a 52 week low of Rs. 32.10 on 23-May-2012.
Last one week high and low of the scrip stood at Rs. 37.40 and Rs. 35.80 respectively. The current market cap of the company is Rs. 500.03 crore.
The promoters holding in the company stood at 51.01% while Institutions and Non-Institutions held 11.25% and 37.75% respectively.
JK Paper, a flagship company of the JK Singhania group, is planning to launch new high-end products such as pigmented office paper and corrugated paper, considering increasing paper demand in India. It has inked pact with Hewlett Packard for introducing Colorlok technology for launching a new range of copier papers for the first time in India.
The company plans to include a high-end product in its new portfolio of pigmented office paper category, used mostly by hospitals for medical and various scan reports. Currently, India does not produce this product, depending totally on imports to the tune of about 1500 tonnes a month.
The company’s new plant is coming up beside its existing one in Odisha, involving a capacity of 1.65 lakh tonnes per annum and an investment of Rs 1,650 crore. The new plant is expected to go on stream in the first quarter of 2013-14, taking up its total capacity to 4.55 lakh tonnes per annum (TPA).
| Company Name | CMP |
|---|---|
| JK Paper | 384.00 |
| TN Newsprints | 249.85 |
| West Coast Paper | 592.25 |
| Emami Paper Mills | 110.35 |
| Andhra Paper | 499.30 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
