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Sundaram Multi Pap zooms on repaying Rs 45 crore debt to its bankers

04 Jan 2017 Evaluate

Sundaram Multi Pap is currently trading at Rs. 5.32, up by 0.21 points or 4.11% from its previous closing of Rs. 5.11 on the BSE.

The scrip opened at Rs. 5.11 and has touched a high and low of Rs. 5.58 and Rs. 5.10 respectively. So far 488386 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 5.94 on 06-Dec-2016 and a 52 week low of Rs. 2.15 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 5.58 and Rs. 4.50 respectively. The current market cap of the company is Rs. 135.82 crore.

The promoters holding in the company stood at 32.21%, while Institutions and Non-Institutions held 4.70% and 63.09% respectively.

Sundaram Multi Pap has successfully repaid Rs 45 crore to its bankers by end of December 2016 and its debt has been reduced to that extent. This bullet payment of Rs 45 crore relates to the restructuring of debt carried out in the month of September 2014. The company has fulfilled its financial obligation.

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

1.41 -0.02 (-1.40%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
DOMS Industries 2412.65
Flair Writing Indu. 315.80
Kokuyo Camlin 85.25
Linc 99.02
Sundaram Multi Pap 1.41
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