Shares of paper manufacturing companies were in focus with West Coast Paper Mills, Star Paper Mills, Seshasayee Paper, Emami Paper, and Balkrishna Industries rallying between 7% and 9% on good demand outlook.
Orient Paper & Industries, Nath Pulp & Paper Mills and Ballarpur Industries were up 6% each, while JK Paper and International Paper APPM have locked in upper circuit of 5% on the BSE. In comparison, the S&P BSE Sensex was trading 0.11% higher at 38,070 points at 12:17 pm.
The Paper Industry is cyclical in nature and its performance depends on the global pulp and paper
Orient Paper & Industries, Nath Pulp & Paper Mills and Ballarpur Industries were up 6% each, while JK Paper and International Paper APPM have locked in upper circuit of 5% on the BSE. In comparison, the S&P BSE Sensex was trading 0.11% higher at 38,070 points at 12:17 pm.
The Paper Industry is cyclical in nature and its performance depends on the global pulp and paper