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Yash Papers falls despite recording highest ever monthly production of paper in May

04 Jun 2018

Yash Papers is currently trading at Rs. 67.95, down by 2.95 points or 4.16% from its previous closing of Rs. 70.90 on the BSE.

The scrip opened at Rs. 72.80 and has touched a high and low of Rs. 72.80 and Rs. 66.15 respectively. So far 14457 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 95.00 on 19-Apr-2018 and a 52 week low of Rs. 25.00 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 74.95 and Rs. 66.15 respectively. The current market cap of the company is Rs. 239.46 crore.

The promoters holding in the company stood at 45.06%, while Institutions and Non-Institutions held 0.01% and 54.94% respectively.

Yash Papers in overall has recorded highest ever production of Paper at 3575 MT during the May, 2018 month. The company’s Paper Machine - 2 has recorded highest ever production of Paper at 825.50 MT during May, 2018, while the Paper Machine - 3 has also recorded highest ever production of Paper at 1943.50 MT during the May, 2018 month.

Yash Papers is a provider of consumer, industrial and protective packaging solutions. The company operates approximately three paper machines that manufacture low grammage machine glazed (MG) industrial bleached and unbleached grades of paper.

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