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Shares of Emami Paper Mills soared 20 per cent to 209.35, before trading at Rs 201.4. Similarly, NR Agarwal Industries, Orient Paper and Pudumjee Paper Produces gained between 11-15 per cent to Rs 361, Rs 33.70 and Rs 47.30, respectively.
Read more about Cupid Ltd leads losers in 'B' group on Business Standard. Gokul Refoils and Solvent Ltd, Indo National Ltd, Emami Paper Mills Ltd and Shankar Lal Rampal Dye-Chem Ltd are among the other losers in the BSE's 'B' group today, 04 June 2021.
The key equity barometers reversed gains and slipped into the negative terrain in morning trade. The Nifty, however, managed to hold above the 15,550 mark. Metal shares corrected after a three-day wining streak. At 10:22 IST, the barometer index, the S&P BSE Sensex, was down 93.56 points or 0.18% to 51,843.88. The Nifty 50 index lost 26.20 points or 0.17% to 15,556.60. In broader market, the S&P BSE Mid-Cap index shed 0.33% while the S&P BSE Small-Cap index declined 0.35%. The market breadth was negative. On the BSE, 1265 shares rose and 1484 shares fell. A total of 114 shares were unchang...
Valmet will deliver a metering size press with sizing starch preparation and sizer supply system to Emami Paper Mills for its paper making line (PM3), which is located at its Balasore mill in Odisha, India. The order is included in Valmet's orders received of the first quarter 2021. The value of the order will not be disclosed. The delivery is scheduled for the fourth quarter 2021. “We chose Valmet for their superior technology and look forward to working closely with them to make this project a success,” says Mr. M.B.S Nair, President, Emami Paper Mills. “We are honored to con...
Mumbai: Paper stocks outshone in a choppy market on Tuesday following the government’s draft regulation under which there can be a ban on single-use plastic for candy and ice cream sticks as well as film wraps around sweet boxes and cigarette packets. Astron Paper & Board Mill, West Coast Paper Mills, Tamil Nadu Newsprint, Star Paper Mills, Orient Paper and Industries and Emami Paper ended up 4-20 per cent. Malu Paper Mills gained 5.2 per cent and Seshasayee Paper & Boards gained 3.6 per cent. Analysts said the surge in these stocks over the last few days is on the back of investors shuffli...