The Indian equity markets are marginally bearish today, Nifty stood at 17,498.45 points, falling by 0.15%. However, these 5 below-mentioned paper stocks are soaring this month. In the post-pandemic time, schools, colleges, and offices are opening, and demands for papers are surging now. So, the stocks of paper companies are reaching fresh 52-week highs this month. The trend is pushing the stocks to their higher-than-normal demands for the distributors. Here such 5 stocks have been discussed.
JK Paper Limited
JK Paper Limited's current market price stood at Rs. 416.80 gaining by 1.68% today, till last traded, reaching fresh 52-week high. In the past 5 days its stock price has surged by 7.37%, in the past 1 month its stock price has surged by 39.21%, in the past 6 months its stock price has surged by 75.72%. The 52-week high level of this stock is Rs. 424, and the 52-week low level of this stock is Rs. 192.
JK Paper Limited is a mid cap company with a market capitalization of Rs. 7,053 crore.
West Coast Paper Mills Limited
West Coast Paper Mills Limited's current market price stood at Rs. 527.05 gaining by 0.03% today, till last traded, reaching fresh 52-week high. In the past 5 days its stock price has surged by 8.78%, in the past 1 month its stock price has surged by 53.48%, in the past 6 months its stock price has surged by 103.10%. The 52-week high level of this stock is Rs. 547.80, and the 52-week low level of this stock is Rs. 217.
West Coast Paper Mills Limited is a small cap company with a market capitalization of Rs. 3,480 crore.
Star Paper Mills Limited
Star Paper Mills Limited's current market price stood at Rs. 194.40 gaining by 6.90% today, till last traded, reaching fresh 52-week high. In the past 5 days its stock price has surged by 8.94%, in the past 1 month its stock price has surged by 24.06%, in the past 6 months its stock price has surged by 44.59%. The 52-week high level of this stock is Rs. 199.30, and the 52-week low level of this stock is Rs. 115.
Star Paper Mills Limited is a small cap company with a market capitalization of Rs. 303 crore.
Andhra Paper Ltd.
West Coast Paper Mills Limited's current market price stood at Rs. 419.10 gaining by 3.13% today, till last traded, reaching fresh 52-week high. In the past 5 days its stock price has surged by 8.38%, in the past 1 month its stock price has surged by 27.91%, in the past 6 months its stock price has surged by 78.87%. The 52-week high level of this stock is Rs. 438.50, and the 52-week low level of this stock is Rs. 205.15.
West Coast Paper Mills Limited is a small cap company with a market capitalization of Rs. 1,666 crore.
Ruchira Papers Limited
West Coast Paper Mills Limited's current market price stood at Rs. 138.25 gaining by 3.02% today, till last traded, reaching fresh 52-week high. In the past 5 days its stock price has surged by 6.92%, in the past 1 month its stock price has surged by 22.62%, in the past 6 months its stock price has surged by 61.04%. The 52-week high level of this stock is Rs. 141, and the 52-week low level of this stock is Rs. 69.70.
West Coast Paper Mills Limited is a small cap company with a market capitalization of Rs. 361 crore.
Disclaimer
Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article.
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