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.
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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.

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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.

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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.

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Price increase likely to happen in May: Star Paper
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Price when posted: BSE: Rs104.90 ( 4.64 % ), NSE: Rs. 105.10 ( 4.84 % )

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