Paper stocks have grabbed the spotlight after AP Paper Mills struck a lucrative deal with US paper and packaging company International Paper. The deal is being viewed positively by market analysts, with many expecting some sort of consolidation to take place in the paper industry.
RR Vederah, MD of BILT & President of India Paper Manufacturers Association spoke to CNBC-TV18 about what he has made of what has been an extremely large deal that got cut in the industry. He finds the deal to represent the intrinsic value of the paper industry.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
