Astron Paper & Board Mill is locked at upper circuit limit of Rs. 30.05, up by 2.70 points or 9.87% from its previous closing of Rs. 27.35 on the BSE.
The scrip opened at Rs. 29.30 and has touched a high and low of Rs. 30.05 and Rs. 29.30 respectively. So far 6122 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 123.80 on 21-Jun-2019 and a 52 week low of Rs. 24.15 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 30.05 and Rs. 24.75 respectively. The current market cap of the company is Rs. 127.18 crore.
The promoters holding in the company stood at 43.78%, while Institutions and Non-Institutions held 0.39% and 55.83% respectively.
Astron Paper & Board Mill has received permission from Government of Gujarat (vide Collector of Bhuj, Gujarat) regarding commencement of Unit-2 located at Bhuj, Gujarat. Unit-1 (PM-1 and 2) located at Halvad, Dis- Morbi, Gujarat remain shut during this lockdown period. Balaram Papers, wholly owned subsidiary of the company also received permission to commence operation.
Hence, they have partially started production with a bare minimum strength of men power and with conditions / directions / guideline issued by Ministry of Health and Family Welfare Govt of India and by Government of Gujarat with respect to preventive measures taken for this COVID-19. Company’s product kraft paper is used in manufacturing of corrugated boxes for industries like FMCG, Pharma, Food oil, etc as means of packaging solution.
Astron Paper & Board Mill is engaged in the manufacturing of kraft paper (paperboard or cardboard). It comes up with the eco-friendly concept and working towards goal of converting waste in to wealth.
| 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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