Page 10 - Orient Paper News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A year before Carson Block launched Muddy Waters Capital, his hedge fund firm, he started trying to line up a prime broker — an investment bank that could lend him stocks so he could then sell them short. But the task was proving arduous. The problem, he believes: Block had made his name calling out China frauds, and Wall Street loved China. After several bulge-bracket banks turned him down, Block decided to try his luck with Jefferies Financial Group, a scrappy up-and-comer known for its trading skill. Muddy Waters, then only a research firm, was based in San Francisco, so he arranged an i...

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...

Shares of paper manufacturers were in demand for the second straight session on Tuesday and rallied up to 20 per cent on the BSE in intra-day trade following the government's draft regulation under which there can be a ban on single-use plastic for candy and ice cream sticks, film wraps around sweet boxes and cigarette packets, etc. Emami Paper was locked in the upper circuit of 20 per cent at Rs 116.55 on the BSE. A combined 475,000 equity shares had changing hands on the counter so far and there were pending buy orders for 49,000 equity shares on the NSE and BSE. Astron Paper & Board Mil...

NEW DELHI: Nifty traded with cuts on Monday as the headline index closed below the crucial 15,000 levels and formed a bearish Hammer-like pattern with a long lower shadow. Rohit Singre, Senior Technical Analyst at LKP Securities said, "Going forward, 14,750 will act as an immediate and strong support. If it manages to hold that, then some more pullback is possible towards immediate hurdle zone of 15,000-mark followed by 15,100 zone." "As of now, there are no signs to the end of this corrective phase. Hence, we could continue to see such volatility in the near term. Traders are advised to avo...

Basic materials stocks were trading in the positive zone, with the S&P BSE Basic Materials index rising 37.87 points or 1.03% at 3725.24 at 09:48 IST. Among the components of the S&P BSE Basic Materials index, Fineotex Chemical Ltd (up 8.14%), Rashtriya Chemicals & Fertilizers Ltd (up 7.01%),Tata Steel Long Products Ltd (up 4.95%),Orient Paper & Industries Ltd (up 4.78%),West Coast Paper Mills Ltd (up 4.61%), were the top gainers. Among the other gainers were Pennar Industries Ltd (up 4.59%), Sanghi Industries Ltd (up 3.84%), National Fertilizer Ltd (up 3.81%), Rain Industries Ltd (up 3.79%...