Paper stocks on a roll, Here is why the sector is buzzing today?
Companies like Pudumjee Paper Products and Emami Paper soared 20 per cent each, their daily circuit limit to Rs 46.50 and Rs 189.50, respectively. Malu Paper Mills also gained 19 per cent to Rs 38.90. According to experts, demand is expected to pick up and grow by 11-15 per cent year on year in fiscal 2022 with schools, colleges and office spaces likely to open and drive the demand.