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Ballarpur Industries hardens on price hike

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SI Reporter Mumbai

Ballarpur Industries moves up after hiking the prices of its products by Rs 2,500-3,000 ($56.5-$67.8) a tonne. The stock is quoting at Rs 33, higher by 2.7% on the BSE.

The product prices have been increased as a result of the rising cost of pulp, a key raw material, globally.

Peer companies such as West Coast Paper Mills have also raised the prices of uncoated paper by Rs 2,500 a tonne.

 

 

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First Published: May 03 2010 | 9:29 AM IST

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