Paper stocks shoot up smartly

Some buying interest was seen in paper stocks today. The stocks were up in the range of 6-19%.

Andhra Pradesh Paper Mills touched an intraday high of Rs 314.40 and an intraday low of Rs 265.10. At 10:47 hrs the share was quoting at Rs 312.90, up Rs 48.95, or 18.55%. It was trading with volumes of 675,539 shares. West Coast Paper Mills touched an intraday high of Rs 61.25 and an intraday low of Rs 51.50. At 10:48 hrs the share was quoting at Rs 59.30, up Rs 8.25, or 16.16%. It was trading with volumes of 526,041 shares. Rama Newsprint and Papers touched an intraday high of Rs 9.85 and an intraday low of Rs 9. At 10:48 hrs the share was quoting at Rs 9.50, up Rs 0.54, or 6.03%. It was trading with volumes of 55,024 shares. Sirpur Paper Mills touched an intraday high of Rs 36.50 and an intraday low of Rs 35.10. At 10:43 hrs the share was quoting at Rs 36.50, up Rs 2.50, or 7.35%. It was trading with volumes of 1,570 shares. JK Paper touched an intraday high of Rs 39.90 and an intraday low of Rs 37.10. At 10:48 hrs the share was quoting at Rs 39.30, up Rs 2.70, or 7.38%. It was trading with volumes of 96,280 shares. Tamil Nadu Newsprint and Papers touched an intraday high of Rs 106.95 and an intraday low of Rs 103.95. At 10:48 hrs the share was quoting at Rs 106.50, up Rs 3.85, or 3.75%. It was trading with volumes of 20,668 shares. Ballarpur Industries touched an intraday high of Rs 26.25 and an intraday low of Rs 23.50. At 10:47 hrs the share was quoting at Rs 25.90, up Rs 1.65, or 6.80%. It was trading with volumes of 236,027 shares.