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Yash Papers gains on aiming to expand capacity with capex of around Rs 150 crore

27 Mar 2019

Yash Papers is currently trading at Rs. 52.50, up by 1.15 points or 2.24% from its previous closing of Rs. 51.35 on the BSE.

The scrip opened at Rs. 50.55 and has touched a high and low of Rs. 52.95 and Rs. 50.55 respectively. So far 40194 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. 40.55 on 27-Feb-2019.

Last one week high and low of the scrip stood at Rs. 55.00 and Rs. 50.40 respectively. The current market cap of the company is Rs. 185.01 crore.

The promoters holding in the company stood at 45.06%, while Institutions and Non-Institutions held 0.01% and 54.93% respectively.

Yash Papers is aiming to expand its capacity with a capex of around Rs 150 crore. The company will be doubling the production across its products range.

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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