Sundaram Multi Pap surges as arm launches educational content in small memory card

03 Jul 2015 Evaluate

Sundaram Multi Pap is currently trading at Rs. 2.47, up by 0.38 points or 18.18% from its previous closing of Rs. 2.09 on the BSE.

The scrip opened at Rs. 2.06 and has touched a high and low of Rs. 2.50 and Rs. 2.05 respectively. So far 46,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 4.13 on 05-Feb-2015 and a 52 week low of Rs. 1.29 on 22-Oct-2014.

Last one week high and low of the scrip stood at Rs. 2.50 and Rs. 1.95 respectively. The current market cap of the company is Rs. 52.82 crore.

The promoters holding in the company stood at 35.36% while Institutions and Non-Institutions held 10.18% and 54.46% respectively.

Sundaram Multi Pap’s wholly owned subsidiary ‘E-Class Education System’ has recently launched its much awaited educational android memory card product for the students of Maharashtra state and has become a part of the digital India revolution. The company has introduced class 1 to 10th educational audio-video content along with question-answers, revisions and more in an sd card format. Each card can be simply purchased and can be attached to any existing android phone or tablet and can be used.

This product is a step forward to the digital dream of having the entire school educational studies in a small card. Students can use this card for their studies and make the most of their smartphones. As it covers the entire syllabus, there is no requirement of searching or hunting concepts online. The content and application works completely offline on the tablet once installed.

Sundaram Multi Pap (SMPL) is engaged in the manufacture of notebooks, account books, other paper stationery products, Kraft paper and trading of office paper stationery. Its operating facilities are located at Palghar, Nagpur and Kandla (SEZ facility). It sells its products in local as well as exports market.


Sundaram Multi Pap Share Price

3.18 0.00 (0.00%)
24-Apr-2024 16:00 View Price Chart
Peers
Company Name CMP
JK Paper 368.30
TN Newsprints 270.70
West Coast Paper 627.00
Emami Paper Mills 115.00
Andhra Paper 505.70
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