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Paper Products gains on selling office property for Rs 7.23 crore

31 Dec 2013 Evaluate

Paper Products is currently trading at Rs. 73.90, up by 0.30 points or 0.41 % from its previous closing of Rs. 73.60 on the BSE.

The scrip opened at Rs. 74.05 and has touched a high and low of Rs. 74.05 and Rs. 73.55 respectively.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 81.80 on 07-Jan-2013 and a 52 week low of Rs. 56.50 on 29-Apr-2013.

Last one week high and low of the scrip stood at Rs. 74.50 and Rs. 70.60 respectively. The current market cap of the company is Rs. 461.38 crore.

The promoters holding in the company stood at 63.78 % while Institutions and Non-Institutions held 6.46 % and 29.76 % respectively.

Paper Products has sold a small office property located at Nariman Point, Mumbai in state of Maharashtra for a consideration of Rs 7.23 crore.

Paper Products is a leading consumer packaging company in India. The company offers a wide portfolio of packaging solutions that includes flexible packaging, labeling technologies and specialized cartons.

Peers
Company Name CMP
Uflex 659.00
EPL 238.90
AGI Greenpac 745.50
Huhtamaki India 244.75
TCPL Packaging 3863.20
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