Sundaram Multi Pap gains on recommending bonus shares

01 Mar 2012 Evaluate

Sundaram Multi Pap is currently trading at Rs. 50.30, up by 3.15 points or 6.68% from its previous closing of Rs. 47.15 on the BSE.

The scrip opened at Rs. 54.95 and has touched a high and low of Rs. 54.95 and Rs. 49.20 respectively. So far 5,65,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 54.95 on 01-Mar-2012 and a 52 week low of Rs. 41.50 on 25-May-2011.

Last one week high and low of the scrip stood at Rs. 54.95 and Rs. 45.05 respectively. The current market cap of the company is Rs. 361.00 crore.

The promoters holding in the company stood at 61.82% while Institutions and Non-Institutions held 6.92% and 31.26% respectively.

Sundaram Multi Pap has informed that the board of directors of the company at its meeting held on February 29, 2012, has on subject to the approval of the shareholders, decided to issue two fully paid-up equity share of Rs 1 each of the company as bonus shares for every one equity share of Rs 1 each fully paid up equity shares held by the shareholders as on the record date decided by the board on later date.

Sundaram Multi Pap is the only company across India with widest range of school paper stationery products in its product basket which suites to each and every class of student in domestic market and also at the international front.  

Sundaram Multi Pap Share Price

2.80 -0.01 (-0.36%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
JK Paper 322.50
TN Newsprints 246.25
West Coast Paper 593.00
Emami Paper Mills 114.25
Andhra Paper 486.10
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