West Coast Paper Mills is currently trading at Rs. 285.60, up by 23.25 points or 8.86% from its previous closing of Rs. 262.35 on the BSE.
The scrip opened at Rs. 289.80 and has touched a high and low of Rs. 297.00 and Rs. 278.35 respectively. So far 221717 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 414.55 on 02-Nov-2018 and a 52 week low of Rs. 216.05 on 14-May-2019.
Last one week high and low of the scrip stood at Rs. 297.00 and Rs. 224.50 respectively. The current market cap of the company is Rs. 1895.27 crore.
The promoters holding in the company stood at 56.72%, while Institutions and Non-Institutions held 16.29% and 27.00% respectively.
West Coast Paper Mills’ (WCPM) Cable division -- West Coast Optilinks will set High Speed Optical Fibre Draw Tower with 3M capacity in Rangareddy District in the state of Telengana as a new line of business. The Board of Directors of the Company at its meeting held on May 29, 2019 has approved the same.
West Coast Paper Mills is engaged in manufacturing paper, paperboard and coated duplex board.