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Sangal Papers Ltd.

BSE: 516096 Sector: Industrials
NSE: N.A. ISIN Code: INE384D01022
BSE LIVE 15:29 | 19 Sep 77.75 1.65
(2.17%)
OPEN

76.40

HIGH

77.75

LOW

72.30

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 76.40
PREVIOUS CLOSE 76.10
VOLUME 1612
52-Week high 123.05
52-Week low 59.75
P/E 7.86
Mkt Cap.(Rs cr) 10
Buy Price 73.00
Buy Qty 111.00
Sell Price 77.75
Sell Qty 59.00
OPEN 76.40
CLOSE 76.10
VOLUME 1612
52-Week high 123.05
52-Week low 59.75
P/E 7.86
Mkt Cap.(Rs cr) 10
Buy Price 73.00
Buy Qty 111.00
Sell Price 77.75
Sell Qty 59.00

Sangal Papers Ltd. (SANGALPAPERS) - Company History

Sangal Papers was incorporated as a public limited company with the main object for setting up a project for the manufacture of paper. Initially, the company proposed a project to manufacture kraft paper with an installed capacity of 4500 tpa. However, in view of the then prevailing market conditions and to improve upon the profitability of the project, the initial project to produce kraft paper solely was changed, and writing, printing and newsprint paper were also added in the product mix. In 1992, in order to improve realisation and introduce cost effectiveness, dependence on waste paper to produce pulp was reduced from 100% to an effective mix of waste paper and agricultural residues. An additional fluidised bed boilder was also installed. Apart from the above cost reduction measures, capacity was also increased from 4500 tpa to 7500 tpa and after that to 19,800 tpa. The company's products -- writing and printing paper is used for printing of educational books and forms by the private as well as Government Departments and kraft paper is used by the packaging industries as raw materials for making the corrugated boxes, envelopes and other packing materials.