Sree Sakthi Paper Mills trades higher on the bourses

Cella Space Ltd. | Business Support | Miscellaneous | BSE: 532701 | NSE:

10 Apr 2012 Evaluate

Sree Sakthi Paper Mills is currently trading at Rs. 24.50, up by 0.30 points or 1.24% from its previous closing of Rs. 24.20 on the BSE.

The scrip opened at Rs. 23.55 and has touched a high and low of Rs. 24.80 and Rs. 23.55 respectively. So far 2251 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 33.90 on 21-Jul-2011 and a 52 week low of Rs. 22.10 on 28-Dec-2011.

Last one week high and low of the scrip stood at Rs. 24.80 and Rs. 22.70 respectively. The current market cap of the company is Rs. 39.94 crore.

The promoters holding in the company stood at 51.67% while Non-Institutions held 48.33% stake in the company.

South India’s largest Kraft paper manufacturer, Sree Sakthi Paper Mills, has completed its expansion cum modernization project involving about Rs 30 crore. The company’s board also recorded the commissioning of boiler and turbine project at their meeting held on March 30, 2012. As part of the expansion project, the Kochi based company has also commissioned a Krima-dispersing unit which will help make spec-free paper, meeting the requirements of high end customers.

The company has installed a 22 TPH high pressure boiler for supplying steam to its paper making, besides commissioning a 2 MW turbine for captive power consumption.

The modernization has enhanced the company’s paper production capacity by 55 tons per day to 18150 MT annually. The commissioning of the power generation plant will not only reduce the cost of paper production but will also help the company tide over the crisis if there is a power shortage in future.

Cella Space Share Price

14.39 -0.71 (-4.70%)

08-May-2026 16:59 View Price Chart

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