The 5-year analysis of Star Paper Mills Ltd's performance infers:
We analysed the performance of Star Paper Mills Ltd share prices over the last 10 years. Here is what we found out:
Star Paper Mills is engaged in manufacturing of paper and paper related products. Incorporated in 1938, the company is part of Duncan Goenka Group.
Star Paper has received ISO 9001:2000 and ISO 14001:2004 certifications for its quality management.
To produce its raw material, the company owns 34983 hectare on which 270 lakhs saplings have been grown spread across seven districts of western Uttar Pradesh and two districts of Uttranchal.
The company has started
The company has started Clonal Technology Programme with an intension to increase the yield per unit area. The paper major has developed fully automatic green houses and hardening chambers at Tapri for production of clonal plants.
Star Paper Mills produces range of products used in industrial, packaging and cultural papers catering to almost all segments of consumers.
The company has an installed manufacturing capacity of 75,000 tonnes per annum of paper and paperboard.
The company has a pan-India presence through 50 dealers. Its clients include Century, Laminating, Eveready, Greenply, Thomson Press, Hindustan Lever, ITC, Pearson Education (Singapore), Shree Krishna Paper and Thomson Press, among others
The company produces a wide range of papers such as SS Maplitho White/Natural Shade, Greeting Paper, Kraft Paper, Padding Paper, MG Poster, Stiffner Cover, Cartridge Paper, Azurelaid and many more.
These products have application in paper printing, lottery printing, computer stationery, book printing, packaging various products, Defence/Ammunition Packing and many more.
Star Paper Mills has received the Greentech Award in Environmental Excellence in November 2005 and Greentech Award for safety in paper industries in April 2005.
As a token of appreciation for its energy conservation initiatives the company has received a Certificate of Merit from the Indian Paper Manufacturers Association
Star Paper Mills has plans to expand its capacity from 3 lakh clonal plants per annum to 64 lakh clonal plants per annum in next four to five years.