Malu Paper Mills Ltd share Price Today

Malu Paper Mills Limited was incorporated in the year 1994. The Company is promoted by the "The Malu Family" . The Group is having interest in Steam Coal Trading , Manufacturing of Welding Electrodes , Manganese Processing, Steel Castings & Exports; since last three decades. The Company is engaged in Manufacturing Newsprint, Writing & Printing Paper and Kraft Paper. The Company is the largest Newsprint and Writing & Printing manufacturer of Central India with 49,500 TPA capacities and produces quality Newsprint and Writing & Printing Paper with recycle process. It has swing facility wherein it can change to Newsprint and Writing paper production at short notice. It is also into manufacture of the packaging paper of recycle grade with an annual capacity 49,500 TPA. The Company established 3 paper manufacturing units in Nagpur, Central India. It thereafter, diversified into Manufacturing of Paper looking into the demand of Industry and Nagpur`s strategic location. The units are having a capacity of 13500 TPA of Kraft Paper , 19800 TPA of Newsprint and 49500 MT of Quality Newsprint and Writing Printing Paper, uses State-of-the-Art Technology from Global Leaders. The first Paper Mill commenced production in 1996 having capacity of 18 TPD. Later with little change and upgradation, the plant ran with an installed capacity of 36 TPD. It held the capacity to produce 90,000 TPA of Kraft Paper and 50,000 TPA of Newsprint and Writing Printing Paper. Having achieved experience of running a paper mill, and looking at demand and supply position and looking at the growth and future prospects of Newsprint industry, the Company added another plant for manufacturing of Newsprint having capacity of 60 TPD in the same compound; thereby utilizing same infrastructure facilities apart from achieving substantial savings in administrative and other overheads and increasing the overall profitability. The plant started production in a record time of thirteen months in the 2001. After running the 60 TPD Newsprint Plant, and with increasing demand, the Company went in for another expansion of 150 TPD Plant with World Class Technology from ANDRITZ, Finland. The plant has a State-of -the-art Pulp Mill, the First of its Kind in India from Andritz, Paper Machine from Beloit, Calenders from Kusters, along with a 6 MW Captive Co Generation Plant for Power as well as Steam Generation.

Malu Paper Mills share price as on 26 Apr 2024 is Rs. 42.7. Over the past 6 months, the Malu Paper Mills share price has increased by 15.88% and in the last one year, it has increased by 44.5%. The 52-week low for Malu Paper Mills share price was Rs. 29.4 and 52-week high was Rs. 69.9.