Current price is less than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The ace investor has picked stakes in three new companies 3M India, Andhra Paper, and United Breweries during the December quarter, while he reduced positions in Blue Dart Express, BF Utilities and VST Industries.

Most astute speculator, wisest investor: Fund manager after meeting Radhakishan Damani

Andhra Paper standalone net profit rises 501.11% in the September 2022 quarter

Paper stocks are buzzing in trade, with small-cap names such as Satia Industries and Seshasayee Paper delivering strong Q2. Paper stock including JK Paper have risen between 3-6 percent in the day's trade. Strong performance was seen due to strong demand trends have been strong across schools and offices, strong realizations due to price hikes and impact of single use of plastic ban aided the revenue numbers. Satia Industries, Century Textile's paper segment and Seshasayee Paper's revenue increased between 37-146 percent on a year-on-year basis. Most paper companies won't take further price hike as per channel checks. JK Paper, Andhra Paper to declare Q2 results on November 2. 

#ETNow #PaperStocks #StockMarket 
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Why Are Paper Stocks Rallying In Trade?  | ET Now | Market News | Stock Market

Board of Andhra Paper approves capex of Rs 400 cr

The shares of the following companies will go ex-dividend tomorrow, August 4, 2022: Cheviot Company Limited, Matrimony.com Limited, Rites, Andhra Paper Ltd, Bata India, Lloyds Metals and Energy Limited, Delta Corp Limited, A. K. Capital Services Limited, Elgi Equipments Limited, Saven Technologies L…

12 stocks to trade ex-dividend tomorrow: Check if you own any

Why Have Paper Stocks Rallied In Today's Trade? Stock Markets Update | Latest Business News

Paper stocks like JK Paper, Andhra Paper, West Coast Paper Mills rose as high as 14 percent in the day's trade as industry sources said that major paper companies have hiked their prices between 2-5 percent from August 1 onwards. During the weekend even the industry leader JK Paper delivered a strong set of Q1FY23 results, with the turnover doubling and PAT rising by 154 percent on a year-on-year basis. The demand for paper and board remains strong. Triggers for paper stocks include benefits of single use plastic ban, import of paper under compulsory registration from October 1 and increasing capacity expansion.

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Why Have Paper Stocks Rallied In Today's Trade? Stock Markets Update | Latest Business News

The stock touched an intra-day high of Rs 380.55 as it inched closer to its 52-week high level of Rs 387.40. Shares of the paper company have gained 14 per cent in the preceding ten sessions.

JK Paper surges 10% on robust Q1; West Coast, Andhra Paper rally up to 16%

Since June 30, shares of Seshasayee Paper and Boards jumped 7%, Andhra Paper gained 6.2%, Tamil Nadu Newsprint & Papers climbed 4.62% and Satia Industries advanced 4.62% on the BSE

Paper stocks in demand amid ban on certain single-use plastic items

DCM Shriram Industries Ltd, Andhra Paper Ltd, Gravita India Ltd and PB Fintech Ltd are among the other gainers in the BSE’s ‘B’ group today, 01 February 2022.

Chemfab Alkalis Ltd leads gainers in ‘B’ group

Andhra Paper standalone net profit rises 817.98% in the December 2021 quarter

The estimated loss of production would be around 500 MTs. per day.

Andhra Paper plans annual maintenance outage at Rajahmundry’ plant from next week

International Paper APPM Limited, formerly The Andhra Pradesh Paper Mills Limited, is an integrated paper and pulp manufacturing company.

Andhra Paper Ltd

Andhra Paper Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Most astute speculator, wisest investor: Fund manager after meeting Radhakishan Damani

Andhra Paper standalone net profit rises 501.11% in the September 2022 quarter

News Video

Why Are Paper Stocks Rallying In Trade? | ET Now | Market News | Stock Market

Board of Andhra Paper approves capex of Rs 400 cr

12 stocks to trade ex-dividend tomorrow: Check if you own any

News Video

Why Have Paper Stocks Rallied In Today's Trade? Stock Markets Update | Latest Business News

JK Paper surges 10% on robust Q1; West Coast, Andhra Paper rally up to 16%

Andhra Paper Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Most astute speculator, wisest investor: Fund manager after meeting Radhakishan Damani

Andhra Paper standalone net profit rises 501.11% in the September 2022 quarter

News Video

Why Are Paper Stocks Rallying In Trade? | ET Now | Market News | Stock Market

Board of Andhra Paper approves capex of Rs 400 cr

12 stocks to trade ex-dividend tomorrow: Check if you own any

News Video

Why Have Paper Stocks Rallied In Today's Trade? Stock Markets Update | Latest Business News

JK Paper surges 10% on robust Q1; West Coast, Andhra Paper rally up to 16%

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock