Paper stocks in India rose on hopes of higher sales volume after govt imposed minimum import price to curb dumping cheap imports.
The paper industry is intrinsically cyclical, influenced by demand-supply dynamics and input costs. Hence, the performance of paper stocks is contingent on earnings growth.
Stellar earnings in a seasonally strong quarter. Organic expansion and newly acquired business aided higher margins
JK Paper Q1 earnings: Revenue from operations grew 16 percent YoY to Rs 1,664 crore from Rs 1,430 crore in Q1FY23
ICRA Equity Research Service has come out with its report on JK Paper Limited (JKPL). The research firm has assigned a valuation grade of "C" to the company on a grading scale of 'A' to 'E', in its research report dated August 07, 2012.
ICRA Equity Research Service has come out with its report on JK Paper Limited (JKPL). The research firm has maintained valuation grade 'C' and fundamental grade of 4/5 to the company.