Moneycontrol
Last Updated : Dec 05, 2018 11:09 AM IST | Source: Moneycontrol.com

Paper stocks rally amid buzz of govt imposing anti-dumping duty on copier paper imports

According to a report by CNBC-TV18, the government has imposed anti-dumping duty on uncoated copier paper imports from Indonesia, Thailand and Singapore.

Moneycontrol News @moneycontrolcom
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Shares of frontline paper companies surged in trade on Wednesday morning as investors bet on buzz of government policy action.

The likes of JK Paper, Ballarpur Industries, West Coast Paper, Tamil Newsprint and Seshasayee Paper, among others, were higher by 1-5 percent.

paper

According to a report by CNBC-TV18, the government has imposed anti-dumping duty on uncoated copier paper imports from Indonesia, Thailand and Singapore.

JK Paper was trading with volumes of 366,085 shares, compared to its five day average of 96,476 shares, an increase of 279.46 percent.

Meanwhile, Ballarpur Industries was trading with volumes of 234,769 shares, compared to its five day average of 234,460 shares, an increase of 0.13 percent.

You can view the performance of all paper companies here.
First Published on Dec 5, 2018 11:09 am
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant