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Orient Paper & Industries trades in fine fettle on the BSE

Orient Paper & Industries Ltd. | Paper & Paper Products | Paper & Stationary | BSE: 502420 | NSE: ORIENTPPR

14 Nov 2017 Evaluate

Orient Paper & Industries (OPIL) is currently trading at Rs. 121.95, up by 1.60 points or 1.33 % from its previous closing of Rs. 120.35 on the BSE.

The scrip opened at Rs. 120.90 and has touched a high and low of Rs. 128.00 and Rs. 116.35 respectively. So far 179210 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 138.05 on 07-Nov-2017 and a 52 week low of Rs. 56.55 on 22-Nov-2016.

Last one week high and low of the scrip stood at Rs. 138.05 and Rs. 119.50 respectively. The current market cap of the company is Rs. 2592.91 crore.

The promoters holding in the company stood at 38.65 %, while Institutions and Non-Institutions held 19.13 % and 42.22 % respectively.

Orient Paper & Industries has received the National Company Law Tribunal’s (NCLT) approval for the Scheme of Demerger of the Consumer Electric Business of the company into its wholly owned subsidiary, Orient Electric (OEL). The Kolkata Bench of the National Company Law Tribunal has on November 8, 2017 approved the same.

Upon the effective implementation of the Scheme, OEL will issue and allot to the shareholders of OPIL as on the record date to be fixed, 1 equity share of Rs 1 each of OEL credited as fully paid up for every 1 equity share of Rs 1 each held by such shareholder in OPIL.

The Scheme shall be effective from the Appointed Date i.e. March 1, 2017, upon filing of the Certified Copy of the Order of the National Company Law Tribunal, sanctioning the Scheme, with the Registrar of Companies.

Orient Paper & Industries is part of the C K Birla Group has emerged as a multi-product, multi-location company. The company manufactures and markets range of fans under the name Orient Fans. It manufactures ceiling fans, desk fans, wall-mounted fans, pedestal fans, exhaust fans and multi-utility fans.

Orient Paper & Inds. Share Price

19.21 0.14 (0.73%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
JK Paper	375.20
TN Newsprints	140.05
West Coast Paper	492.00
Emami Paper Mills	75.24
Seshasayee Paper	270.95
View more..

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Orient Paper & Industries trades in fine fettle on the BSE

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