• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Realasset Realasset
moneycontrol.com

Home » News » Business

Apr 08, 2010, 01.23 PM | Source: CNBC-TV18

Price increase likely to happen in May: Star Paper

Commenting on the road ahead for the paper sector and the issue of rising prices, GP Goenka, Chairman of Star Paper, said, I dont think we have reached the end of the road yet. Sooner or later we will have to go for a further hike in prices to nullify cost increase.

Like this story, share it with millions of investors on M3

Price increase likely to happen in May: Star Paper

Commenting on the road ahead for the paper sector and the issue of rising prices, GP Goenka, Chairman of Star Paper, said, I dont think we have reached the end of the road yet. Sooner or later we will have to go for a further hike in prices to nullify cost increase.

Post Your Comments

Share Cancel

GP Goenka, Chairman, Star Paper
Paper has been a sector that has been buzzing since the past few days. Commenting on the road ahead for the sector and the issue of rising prices, GP Goenka, Chairman of Star Paper , said, I dont think we have reached the end of the road yet. Sooner or later we will have to go for a further hike in prices to nullify cost increase.

The international paper prices too, he said, had surged. In India, he expected a rise in prices to happen most likely in May.

For complete interview, watch video.

Star Paper stock price

On February 05, 2016, Star Paper Mills closed at Rs 33.75, down Rs 1.05, or 3.02 percent. The 52-week high of the share was Rs 47.40 and the 52-week low was Rs 16.55.


The company's trailing 12-month (TTM) EPS was at Rs 8.60 per share as per the quarter ended September 2015. The stock's price-to-earnings (P/E) ratio was 3.92. The latest book value of the company is Rs 30.15 per share. At current value, the price-to-book value of the company is 1.12.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Price increase likely to happen in May: Star Paper

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login