Genus Paper & Boards touches roof on commencing commercial production of Kraft Paper Machine line
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Genus Paper & Boards is currently trading at its upper limit of Rs. 17.20, up by 0.80 points or 4.88% from its previous closing of Rs. 16.40 on the BSE.
The scrip opened at Rs. 16.90 and has touched a high and low of Rs. 17.20 and Rs. 16.50 respectively. So far 60374 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 26.50 on 26-Apr-2022 and a 52 week low of Rs. 8.90 on 24-Aug-2021.
Last one week high and low of the scrip stood at Rs. 17.20 and Rs. 14.00 respectively. The current market cap of the company is Rs. 442.26 crore.
The promoters holding in the company stood at 50.50%, while Institutions and Non-Institutions held 0.12% and 49.38% respectively.
Genus Paper & Boards has successfully commenced the commercial production of Kraft Paper Machine line, at company's new unit located at Muzaffarnagar, Uttar Pradesh on June 27, 2022. The Muzaffarnagar unit has manufacturing facilities for production of Kraft Paper (two lines) and Duplex Paper.
Genus Paper & Boards is engaged in the business of manufacture of Kraft Paper and M.S. Ingot.
