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JK Paper is currently trading at Rs. 327.85, up by 14.60 points or 4.66% from its previous closing of Rs. 313.25 on the BSE. The scrip opened at Rs. 326.20 and has touched a high and low of Rs. 336.35 and Rs. 322.55 respectively. So far 27166 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 452.50 on 21-Dec-2022 and a 52 week low of Rs. 306.60 on 10-Jul-2023. Last one week high and low of the scrip stood at Rs. ...
JK Paper shines on reporting 18% rise in Q1 consolidated net profit
BENGALURU- India's JK Paper Ltd reported a roughly 65% rise in fourth-quarter profit on Tuesday, helped by higher prices for its papers and packaging boards and as some input costs eased. The company's consolidated net profit after tax climbed to 2.80 billion rupees ($34.2 million) in the quarter ended March 31, from 1.70 billion rupees a year earlier. JK Paper and other paper companies have benefited from rising demand from offices as work-from-office slowly reverts to the norm...
India's JK Paper posts profit rises on strong demand
India's JK Paper Ltd on Monday reported its profit more than doubled in the third quarter, on the back of higher demand for copier papers and packaging boards from schools and offices post-pandemic. The paper producer said its consolidated net profit after tax for the quarter ended Dec. 31 was at 3.29 billion rupees ($39.79 million), from 1.50 billion rupees a year earlier. Demand for products like documentation papers, photocopy and multipurpose papers remained strong during ...
India`s JK Paper Q3 profit more than doubles on robust demand
Buy JKPAPER @423.5 and add upto 414, with a target of 453-460 and a stop loss at 399 JKPAPER has formed an ascending triangle andis about to break out.This formation has been taking place for the last four months, with lower highs and higher lows along the way. JKPAPERis expected to break out between 420 and 425 levels, JKPAPER has taken a trendline support and has broken out critical resistance levels with good volume spike on the daily chart, Price has managed to rise above movin...
Buy JK Paper Ltd For Target Rs. 460 - Choice Broking
JK Paper is currently trading at Rs. 425.00, up by 4.95 points or 1.18% from its previous closing of Rs. 420.05 on the BSE. The scrip opened at Rs. 427.75 and has touched a high and low of Rs. 435.90 and Rs. 424.00 respectively. So far 37343 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 449.95 on 17-Aug-2022 and a 52 week low of Rs. 192.00 on 20-Dec-2021. Last one week high and low of the scrip stood at Rs. 4...
JK Paper shines on acquiring majority stake in Horizon Packs and Securipax Packaging
JK Paper is currently trading at Rs. 415.00, up by 5.10 points or 1.24% from its previous closing of Rs. 409.90 on the BSE. The scrip opened at Rs. 412.00 and has touched a high and low of Rs. 419.00 and Rs. 409.45 respectively. So far 88510 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 449.95 on 17-Aug-2022 and a 52 week low of Rs. 192.00 on 20-Dec-2021. Last one week high and low of the scrip stood at Rs. 4...
JK Paper rise on reporting 24% rise in Q2 consolidated net profit
The company reported standalone net profit of Rs 204.84 crore for the quarter ended June 30, 2022 as compared to Rs 97.71 crore in the same period last year, registering a year-on-year growth of 109.64 per cent. Net revenue of the company rose triple digit by 117.25 per cent at Rs 1,437.12 crore in April-June quarter of this fiscal as against Rs 661.52 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 123.76 per cent to Rs 1,070.56 cror...
JK Paper Q1 net profit zooms 109.64% at Rs 204.84 cr
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%
JK Paper is currently trading at Rs. 241.60, up by 6.45 points or 2.74% from its previous closing of Rs. 235.15 on the BSE. The scrip opened at Rs. 245.00 and has touched a high and low of Rs. 245.00 and Rs. 239.10 respectively. So far 51045 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 284.80 on 09-Aug-2021 and a 52 week low of Rs. 124.25 on 22-Apr-2021. Last one week high and low of the scrip stood at Rs. 2...
JK Paper soars on getting nod to raise Rs 100 crore via NCDs
JK Paper is currently trading at Rs. 224.00, up by 2.25 points or 1.01% from its previous closing of Rs. 221.75 on the BSE. The scrip opened at Rs. 224.60 and has touched a high and low of Rs. 225.30 and Rs. 222.45 respectively. So far 21789 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 284.80 on 09-Aug-2021 and a 52 week low of Rs. 117.00 on 28-Jan-2021. Last one week high and low of the scrip stood at Rs. 2...
JK Paper rises on commencing commercial production at New Packaging Board Plant
Technical Observations * Paper stocks are seen resuming fresh up move after last two months breather. JK Paper is our preferred pick among the paper stocks. * The share price of JK Paper is seen resuming up move after a bullish double bottom like formation in the daily chart around the 50 days EMA (currently at | 233) signalling strength and offers fresh entry opportunity * The stock on Tuesday session has registered a breakout above the falling supply line joining the highs of ...
Stock Picks - Buy JK Paper Ltd For Target Rs. 264 - ICICI Direct
The company reported standalone net profit of Rs 128.78 crore for the quarter ended March 31, 2021 as compared to Rs 91.36 crore in the same period last year, registering a year-on-year growth of 40.96 per cent. Net revenue of the company rose substantially by 22.89 per cent at Rs 897.37 crore in January-March quarter of this fiscal as against Rs 730.20 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 21.95 per cent to Rs 668.96 cro...
JK Paper Q4 net profit jumps 40.96% at Rs 128.78 cr
We had initiated coverage on JK Paper Ltd. (JKPL) with a Buy rating on March 31, 2020 at Rs.72 for a target price of Rs.151 showcasing an upside of ~109.7%. With the recent run-up in the share price the stock has broadly (Day’s high of Rs.147) met our target price. Hence, we advise our investors to book profits at current levels as we close our recommendation on the stock and change our rating to NEUTRAL. At current levels, the stock has generated ~98.6% returns from our initial r...
Buy JK Paper Ltd For Target Rs. 151 - Sushil Financial
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