Stay updated with breaking news from Genus Paper. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A steady growth in the topline as well as the operating profit helped some of the companies in the smallcap segment rebound sharply in the September quarter.
Emami Paper Mills and Star Paper Mills surged 7% each, and the latter also scaled a 52-week high of Rs 245.20. Ruchira Papers, Pudumjee Paper, Satia Industries, Seshasayee Papers, Genus Paper, and West Coast Paper Mills climbed 4-6%.
A long negative candle formed on the daily chart, indicated a bearish counterattack pattern after a minor bounce
Genus Paper & Boards Limited has made disinvestment of Kailash Waste Solutions Private Limited which was incorporated on March 09, 2022 as 100% Wholly Owned Subsidiary.
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.