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Sundaram Multi Pap changes banking partner

21 Jun 2022 Evaluate

Sundaram Multi Pap has successfully changed its banking partner. Under the new banking facilitates, there will be an increase in cash flows due to lower debt repayment and lower interest costs.

The company also aims to have a very good financial year due to the impact of covid19 pandemic reducing and schools opening up from the academic year June 2022. With colleges and schools opening up, the sales of paper stationery products are set to grow at an all-time high, in turn helping the company’s growth.

The company has also launched a set of premium quality products, on leading market places and its own online store, covering pan India online market.

Sundaram Multi pap designs, manufactures and markets paper stationery products – exercise note books, long books, note pads, scrap books, drawing books, graph books – for students of all ages, as well as office/ corporate stationery products and printing, writing & packaging paper. 

Peers
Company Name CMP
DOMS Industries 2114.00
Flair Writing Ind. 241.60
Kokuyo Camlin 76.54
Linc 91.50
Sundaram Multi Pap 1.18
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