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Sundaram Multi Pap is currently trading at Rs. 47.85, up by 0.80 points or 1.70% from its previous closing of Rs. 47.05 on the BSE.
The scrip opened at Rs. 49.90 and has touched a high and low of Rs. 49.90 and Rs. 47.60 respectively. So far 10114 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 50.95 on 08-Dec-2011 and a 52 week low of Rs. 39.85 on 10-Feb-2011.
Last one week high and low of the scrip stood at Rs. 49.90 and Rs. 46.60 respectively. The current market cap of the company is Rs. 345.69 crore.
The promoters holding in the company stood at 61.80% while Institutions and Non-Institutions held 6.94% and 31.25% respectively.
Sundaram Multi Pap’s wholly owned subsidiary E-class Education System is planning to set up an extensive marketing strategy for its educational product e-class for Pune District in Maharashtra. In this regard, the company’s first official meeting was held at Ahmednagar, between the management team of Sundaram e-class and AICPTR.
Ahmednagar has over 4000 schools, 12000 coaching institutes and more than 600000 students, the AICPTR center heads were quite excited and aggressive to market the product in this entire district.
The company recently had a meeting with the AICPTR Pune centers heads on January 19, 2012 at Allana Institute of Information Technology, in presence of Rajan Dhag Director of AICPTR. The company's directors explained about the scope of business in Pune district which has more than 6000 schools, 20000 coaching institutes and more than 12 lakh students studying in Maharashtra State Board affiliated schools. The potential to market and sell this product in each district is enormous and a lot of students can be benefited with this product. AICPTR centers have a very strong reach to the market as their centers in PUne district are spread across the entire district and 13 talukas.
The E-class education system which is developed by E-class Education System, for standards 1-10 and based on the Maharashtra State Board syllabus for Marathi as well as English Medium has already been installed in more than 300 schools, 1000 coaching institutes and more than 5000 students for their home use in the state.
| Company Name | CMP |
|---|---|
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| TN Newsprints | 270.70 |
| West Coast Paper | 627.00 |
| Emami Paper Mills | 115.00 |
| Andhra Paper | 505.70 |
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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.
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