JK Paper surges on reporting 10% rise in Q3 net earnings

JK Paper surges on reporting 10% rise in Q3 net earnings

by admin- Wednesday, February 13th, 2019 04:18:56 PM

JK Paper is presently trading at Rs. 136.85, up via 2.Fifty five points or 1.90% from its preceding remaining of Rs. 134.30 on the BSE.

The scrip opened at Rs. 138.Ninety and has touched a excessive and occasional of Rs. One hundred forty.15 and Rs. 136.30 respectively. So some distance 116026 stocks have been traded at the counter.

The BSE institution ‘B’ stock of face price Rs. 10 has touched a 52 week excessive of Rs. 193.95 on 21-Aug-2018 and a 52 week low of Rs. Ninety seven.Eighty five on 19-Jul-2018.

Last one week excessive and coffee of the scrip stood at Rs. 139.40 and Rs. A hundred thirty.25 respectively. The contemporary market cap of the corporation is Rs. 2445.50 crore.

The promoters retaining within the employer stood at 48.42%, whilst Institutions and Non-Institutions held 9.52% and 42.07% respectively.

JK Paper has mentioned 9.Seventy six% rise in its net income at Rs a hundred and twenty.26 crore for the sector ended December 31, 2018as compared to Rs 109.57 crore for the identical area within the previous year. Total income of the corporation improved via eleven.12% at Rs 883.Ninety four crore for Q3FY19 as compared Rs 795.Forty six crore for the corresponding area previous yr.

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