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Shares of West Coast Paper rose sharply on Tuesday riding on a positive outlook for the paper industry. "Paper stocks have seen good accumulation this week as almost all players have raised prices and traditionally the fourth quarter is always the best quarter more so this time around in view of the opening up Theme gaining momentum," said S. Ranganathan, Head of Research at LKP Securities. Despite the absence of boards in its offerings, West Coast Paper has large capacities a...
Shares of West Coast Paper up over 3% on firm outlook, JK Paper up 34%
Company Background The West Coast Paper Mills Ltd (WCPL), promoted by Mr S.K. Bangur, CMD, is amongst India’s leading manufacturer of paper & paper products at its integrated paper plant at Dandeli in Karnataka with an installed capacity of 330,000 TPA. Product portfolio includes various types of printing, writing and value-added papers. Its telecommunication cables business contributes ~8% to revenue. During FY20, WCPL acquired Andhra Paper Ltd (APL) (erstwhile International Pap...
Buy The West Coast Paper Mills Ltd For Target Rs.429 - SKP Securities
Company Background The West Coast Paper Mills Ltd (WCPL), promoted by Mr S.K. Bangur, CMD, is amongst India‟s leading manufacturer of paper & paper products at its integrated paper plant at Dandeli in Karnataka with an installed capacity of 330,000 TPA. Product portfolio includes various types of printing, writing and value-added papers. Its telecommunication cables business contributes ~8% to revenue. During FY20, WCPL acquired Andhra Paper Ltd (APL) (erstwhile International Paper APP...
Buy The West Coast Paper Mills Ltd For Target Rs.431 - SKP Securities
Company Background The West Coast Paper Mills Ltd (WCPL), promoted by Mr S.K. Bangur, CMD, is amongst India‟s leading manufacturer of paper & paper products at its integrated paper plant at Dandeli in Karnataka with an installed capacity of 330,000 TPA. Product portfolio includes various types of printing, writing and value-added papers. Its telecommunication cables business contributes ~6% to revenue. During FY20, WCPL acquired Andhra Paper Ltd (APL) (erstwhile International Paper APP...
Buy The West Coast Paper Mills Ltd For Target Rs.395 - SKP Securities
MTF Stock Pick Buy West Coast Paper Mills Ltd For Target Rs. 270 - HDFC Securities TECHNICAL OBSERVATIONS The attached daily timeframe chart of West coast paper which is in uptrend from last several sessions. We observe a formation of bullish pattern on daily and weekly time frame. The stock is continuously trading above 21 EMA from last 8 sessions and filled the down gap which was created on 12th April suggesting bullishness for the stock. ...
MTF Stock Pick Buy West Coast Paper Mills Ltd For Target Rs. 270 - HDFC Securities
We had initiated coverage on West Coast Paper Mills Ltd on November 13, 2020 at a market price of Rs. 159 for a target price of Rs.192, showcasing an upside of ~21%. West Coast is currently trading at a market price of Rs.194, above our target price. Since the stock has breached our target price and yielded our expected return, we advise investors to book profits at current levels and change our rating for West Coast Paper to Neutral. To Read Complete Report & Disclaimer&n...
Buy West Coast Paper Mills Ltd For Target Rs.192 - Sushil Finance
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