Avantha Group arm BILT Paper Plc has put its plan of raising money via IPO market in UK on hold. The reason could be the re-rating of paper sector after the Andhra Pradesh Paper Mills' deal with the US-based International Paper.
Amol Rao analyst with Antique Broking confirms that the deal has been instrumental in rerating the paper sector.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!
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