Paper stocks on a roll; Star Paper, Seshasayee Paper rally up to 15%

The 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 are likely to open and drive the demand

Shares of paper manufactures were on a roll with most of the frontline stocks trading up to 15 per cent higher, and many of them quoting at their respective 52-week highs levels in intra-day trade on Wednesday on demand revival.

Star Paper Mills (up 15 per cent at Rs 178), Orient Paper & Industries (up 13 per cent at Rs 33.30) and Seshasayee Paper & Boards (up 12 per cent at Rs 222.80) rallied over 10 per cent on the BSE. Astron Paper & Board Mill, JK Paper, Andhra Paper, Tamil Nadu Newsprint & Papers, Ruchira Papers and West