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West Coast Paper: Profit soars; acquisition of Andhra Paper adds to strength

August 08, 2022 / 10:38 AM IST
West Coast Paper: Profit soars; acquisition of Andhra Paper adds to strength

West Coast Paper Mills Ltd (WCPM; CMP: Rs 483; M Cap: Rs 3,208 crore), together with its subsidiaries, Andhra Paper Ltd (APL) and West Coast Opticable Ltd, is on a transformational journey to consolidate its leadership position in the Indian paper industry. WCPM owns a 72.2 percent stake in Andhra Paper. The landmark acquisition of APL came in handy, with the much-needed push in scale of operation to meet the surging demand. The combined capacity added heft to the top...

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