JK PAPER SHARE PRICE

JK Paper Ltd. provides sustainable paper solutions. It is a leading Indian player in office papers, writing and printing papers, coated papers, and high-end packaging boards. It was established in 1960 with its headquarters in Gujarat. The company’s quarterly consolidated net sales in June 2022 were Rs 1,430.23 crore, up 116.46% from Rs 660.75 crore in June 2021. On 12 August 2022, JK Paper Ltd.’s market capitalisation stood at Rs 7,201 crore.  

The company is listed on the Bombay Stock Exchange with the code 532162, and on the National Stock Exchange with the code JKPAPER.  

In 1962, JK Paper Ltd. set up Unit JKPM at Rayagada (Odhisha). The company has three integrated pulp and paper mills —Unit JKPM at Rayagada (Odhisha), Unit CPM at Songadh (Gujarat), and Unit SPM at Kagaznagar (Telangana). These units manufacture paper via social farm forestry without harming a single natural forest tree. The company has a worldwide footprint serving customers in more than 60 countries across the Middle East, USA, Africa, South-East Asia, and Europe.  

The company’s shareholding pattern on 30 June 2022 indicated a promoter stake of 49.63%, public stake of 41.06%, foreign institutional investor stake of 3.43%, and domestic institutional investor stake of 5.86%. Bengal & Assam Co. Ltd. was the leading promoter with a 47% share. The mutual fund holdings increased from 1.72% to 4.09% during this quarter.  

JK Paper Ltd.’s top management comprises Mr Bharat Hari Singhania as chairman and Mr Harsh Pati Singhania as vice chairman and managing director. The other directors include Mr Dhirendra Kumar, Mr S K Roongta, Mr M H Dalmia, Ms Deepa Gopalan Wadhwa, Mr Sandip Somany, Ms Vinita Singhania, Mr Shailendra Swarup, Mr R V Kanoria, and Mr Arun Bharat Ram.  

On 12 August 2022, JK Paper Ltd.’s share price closed at Rs 425 on BSE. On NSE, it closed at Rs 425.10. JK Paper Ltd.’s 52-week high share price was Rs 442.40, and the 52-week low share price was Rs 192.  

The company’s mutual fund holdings include L&T Large & Midcap Fund, L&T Tax Advantage Fund, L&T India Value Fund, and Mahindra Manulife Balanced Advantage Yojana with a 1.91%, 1.53%, 1.20%, and 1.04% stakes, respectively. 

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose

JK Paper Ltd. provides sustainable paper solutions. It is a leading Indian player in office papers, writing and printing papers, coated papers, and high-end packaging boards. It was established in 1960 with its headquarters in Gujarat. The company’s quarterly consolidated net sales in June 2022 were Rs 1,430.23 crore, up 116.46% from Rs 660.75 crore in June 2021. On 12 August 2022, JK Paper Ltd.’s market capitalisation stood at Rs 7,201 crore.  

The company is listed on the Bombay Stock Exchange with the code 532162, and on the National Stock Exchange with the code JKPAPER.  

In 1962, JK Paper Ltd. set up Unit JKPM at Rayagada (Odhisha). The company has three integrated pulp and paper mills —Unit JKPM at Rayagada (Odhisha), Unit CPM at Songadh (Gujarat), and Unit SPM at Kagaznagar (Telangana). These units manufacture paper via social farm forestry without harming a single natural forest tree. The company has a worldwide footprint serving customers in more than 60 countries across the Middle East, USA, Africa, South-East Asia, and Europe.  

The company’s shareholding pattern on 30 June 2022 indicated a promoter stake of 49.63%, public stake of 41.06%, foreign institutional investor stake of 3.43%, and domestic institutional investor stake of 5.86%. Bengal & Assam Co. Ltd. was the leading promoter with a 47% share. The mutual fund holdings increased from 1.72% to 4.09% during this quarter.  

JK Paper Ltd.’s top management comprises Mr Bharat Hari Singhania as chairman and Mr Harsh Pati Singhania as vice chairman and managing director. The other directors include Mr Dhirendra Kumar, Mr S K Roongta, Mr M H Dalmia, Ms Deepa Gopalan Wadhwa, Mr Sandip Somany, Ms Vinita Singhania, Mr Shailendra Swarup, Mr R V Kanoria, and Mr Arun Bharat Ram.  

On 12 August 2022, JK Paper Ltd.’s share price closed at Rs 425 on BSE. On NSE, it closed at Rs 425.10. JK Paper Ltd.’s 52-week high share price was Rs 442.40, and the 52-week low share price was Rs 192.  

The company’s mutual fund holdings include L&T Large & Midcap Fund, L&T Tax Advantage Fund, L&T India Value Fund, and Mahindra Manulife Balanced Advantage Yojana with a 1.91%, 1.53%, 1.20%, and 1.04% stakes, respectively. 

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose