Paper stocks hit record high; Star Paper Mills zooms 20%

Star Paper Mills, Ruchira Papers, Balkrishna Paper, TN Newsprint, N R Agarwal Industries, Seshasayee Paper and West Coast Paper were up in the range of 6% to 20% on the BSE.

Shares of paper companies were on a roll with most of these stocks trading at their respective all-time highs on the back of heavy volumes.

Star Paper Mills, Ruchira Papers, Balkrishna Paper, Tamil Nadu (TN) Newsprint, N R Agarwal Industries, Seshasayee Paper and West Coast Paper were up in the range of 6% to 20% on the BSE.

JK Paper, Ruchira Papers, Seshasayee Paper, TN Newsprint, West Coast Paper and Star Paper Mills were among 11 stocks from the paper industry, which hit their respective record highs.

Star Paper Mills was locked in upper circuit of 20% at Rs