JK Paper is currently trading at Rs. 97.95, down by 1.25 points or 1.26% from its previous closing of Rs. 99.20 on the BSE.
The scrip opened at Rs. 97.70 and has touched a high and low of Rs. 98.65 and Rs. 97.50 respectively. So far 56552 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 151.95 on 30-Sep-2019 and a 52 week low of Rs. 62.20 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 102.90 and Rs. 97.50 respectively. The current market cap of the company is Rs. 1727.44 crore.
The promoters holding in the company stood at 49.36%, while Institutions and Non-Institutions held 6.58% and 44.06% respectively.
JK Paper’s subsidiary -- Sirpur Paper Mills has temporarily shut its manufacturing plant in Telangana due to weak demand owing to the coronavirus pandemic. The COVID-19 pandemic and the consequent lockdowns in various parts of the country have weakened the demand of products of the aforesaid subsidiary due to which its management has decided to temporarily shut down its manufacturing operations.
JK Paper (JKPL) is engaged in paper manufacturing business.