West Coast Paper Mills hits new high; stock zooms 117% in one year

Shares of West Coast Paper Mills have hit a new high of Rs 415, rallied 117% in past one year and 301% in two years, as compared to 4% and 27%, respectively, rise in the S&P BSE Sensex.

Shares of West Coast Paper Mills have hit a new high of Rs 415 per share, up 4% from its previous close, surging 36% from their recent low of Rs 306 per share touched on October 8, on the BSE on the expectations of a strong set of quarterly results.

In past one year, the stock has outperformed the market, zooming 117% from Rs 191, as compared to a 4.2% rise in the S&P BSE Sensex. In the past two years, it appreciated 301% against 27% gain in the benchmark index.

West Coast Paper Mills yet to declare