JK Paper commences commercial production at new packaging board plant

The Board of Directors of JK Paper Limited had earlier accorded its approval for setting up of Packaging Board plant at its Unit CPM, Gujarat. The commercial production from new Packaging Board plant has commenced from this day i.e. 14th January 2022. This will increase the Company's Annual capacity from 4.55 lac TPA to 6.25 lac TPA and enhance its market share in packaging board segment.

Shares of JK Paper Limited was last trading in BSE at Rs. 212.20 as compared to the previous close of Rs. 210.60. The total number of shares traded during the day was 84414 in over 2807 trades.

The stock hit an intraday high of Rs. 215.75 and intraday low of 209.45. The net turnover during the day was Rs. 18003470.00.

Source : Equity Bulls

Keywords

JKPaper INE789E01012 PackagingBoardPlant CommercialProduction CapacityIncrease