Why JK Paper share price is falling?

Why JK Paper share price is falling?

The company’s performance on a consolidated basis was impacted by a temporary stoppage of production at The Sirpur Paper Mills, a step-down subsidiary, due to unfavourable market conditions, JK Paper said. The production has since been resumed. The on-going packaging board project at Unit CPM is progressing well.

Which paper share is best?

Best Paper Sector Stocks in India 2022

• JK Paper. Established in 1962, JK Paper is the leading player in Office papers, Coated papers, and Packaging boards. …
• West Coast Paper. …
• Seshasayee Paper. …
• Tamil Nadu Newsprint Limited.

Is JK Paper Debt Free?

We note that JK Paper Ltd (NSE:JKPAPER) does have debt on its balance sheet.

Is JK Paper a good investment?

Company reported net profit after tax of Rs 151.05 Crore in latest quarter. Strong momentum from the last six weeks and fresh breakout is seen with higher base in price. Promoters held 49.52 per cent stake in the company as of 31-Dec-2021, while FIIs owned 3.89 per cent, DIIs 2.52 per cent.

Is JK Paper a good buy?

Is JK Paper Ltd a good quality company? Past 10 year’s financial track record analysis by Moneyworks4me indicates that JK Paper Ltd is a average quality company. 2.

Why JK Paper price is rising?

Paper stocks are glistening as the majority of companies have hiked prices due to rising demand and shortage of waste paper. Companies like JK Paper, West Coast Paper, and Andhra Paper among others recorded strong growth in their stock price so far this week.

Which is the best paper company in India?

Top 10 Paper Mills, Paper Manufacturing Companies in India

• Andhra Paper Ltd.
• JK Paper Ltd.
• Seshasayee Paper & Boards Ltd.
• West Coast Paper Mills Ltd. ( SKB)
• Kushal Ltd.
• Emami Paper Mills Ltd.
• Kuantum Papers Ltd.
• Satia Industries Ltd.

How can I buy paper stocks?

Go to your online trading account and enter the trade. Specify on the order page that you want a paper stock certificate. The trading program should alert you to the additional cost and will not process the request without your approval. If you do not have an online account, call your stockbroker to place the trade.

What is the intrinsic value of JK Paper?

JK Paper

Who is the owner of JK Paper?

You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of JK Paper Ltd….PREMARKET.

What is the rate of paper per kg?

Waste paper prices have surged to ₹22-₹24 a kg from pre-COVID-19 prices of ₹10-₹13 per kg, an association said.

Can you still buy paper stocks?

You are able to request paper stock certificates, and you might save on broker’s commissions in the bargain. Call your broker if you already own the stock or if the company does not offer a direct stock purchase plan. Typically, shares purchased through a brokerage firm are held under street name registration.

Is there paper shortage in India?

Crisis background The paper industry has been crushed by the crisis over shortage of waste cuttings since the Covid-19 set in. The pandemic resulted in people keeping away from printed newspapers and journals. According to industry estimates, there was at least a 35 per cent drop in the recirculation of old newspapers.

Why are paper industry shares increasing?

According to stock market experts, paper mills are least affected by recent global triggers like Ukraine-Russia war, soaring crude oil price and other commodity prices ascending to its multi-month highs. In fact, unlock theme has fueled demand for papers as schools and other educational institutions are reopening now.