Paper, Jute stocks in focus; JK Paper, Seshasayee Paper up over 5%

Orient Paper, Emami Paper Mills, Star Paper Mills, Malu Paper Mills, Seshasayee Paper & Boards, International Paper APPM, JK Paper and Ruchira Papers from the paper sector were up more than 5%.

Shares of paper and jute manufacturing companies were in focus, ralling by up to 17 per cent on Tuesday, on the back of heavy volumes on expectation of government sops in the forthcoming Union Budget for 2020-21.

Among the individual stocks, Orient Paper & Industries, Emami Paper Mills, Star Paper Mills, Malu Paper Mills, Seshasayee Paper & Boards, International Paper APPM, JK Paper, and Ruchira Papers from the paper sector were up more than 5 per cent on the BSE. Meanwhile, Ludlow Jute & Specialities, Gloster and Cheviot Company from the jute & jute products industry were up 5 per