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Shree Bhawani Paper Mills Ltd.

BSE: 502563 Sector: Industrials
NSE: N.A. ISIN Code: INE688C01010
BSE LIVE 10:32 | 13 Sep 3.99 0.19
(5.00%)
OPEN

3.99

HIGH

3.99

LOW

3.99

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 3.99
PREVIOUS CLOSE 3.80
VOLUME 100
52-Week high 4.70
52-Week low 2.47
P/E
Mkt Cap.(Rs cr) 14
Buy Price 0.00
Buy Qty 0.00
Sell Price 3.99
Sell Qty 400.00
OPEN 3.99
CLOSE 3.80
VOLUME 100
52-Week high 4.70
52-Week low 2.47
P/E
Mkt Cap.(Rs cr) 14
Buy Price 0.00
Buy Qty 0.00
Sell Price 3.99
Sell Qty 400.00

Shree Bhawani Paper Mills Ltd. (SHBHAWANIPAP) - Company History

Shree Bhawani Paper Mills was promoted by Sudhir Tandon and Girish Tandon in association with UPSIDC and PICUP, manufactures writing and printing papers and wrapping paper. Commercial production commenced in Apr.'83. Its mill is situated at Rae Bareli in Uttar Pradesh. The company's performance was fluctuating as a result of labour unrest, unsatisfactory power supply and a recession that prevailed in the paper industry. In 1988-89, it undertook further modifications in the MF paper machine. A fluidised-bed combustion-type boiler was installed and commissioned in Mar.'88 to reduce the overall coal consumption and improve the quality and availability of coal. Power consumption was economised with suitable replacements of higher rating motors by lower rating ones. The company operates at the installed capacity of 21000 MT of printing, writing & wrapping papers. The company exports paper to Nepal and is exploring the possibility of exporting to other countries. During 1999-2000, the company has embarked on a co-generation project of 3 MW of electricity and it commenced its operations in August,2001. This project was financed by IFCI,Indian Bank and Bank of Baroda.