Sangal Papers was incorporated as a public limited company with the main object for setting up a project for the manufacture of paper. Initially the company proposed a project to manufacture kraft paper with an installed capacity of 4500 tpa. However in view of the then prevailing market conditions and to improve upon the profitability of the project the initial project to produce kraft paper solely was changed and writing printing and newsprint paper were also added in the product mix.In 1992 in order to improve realisation and introduce cost effectiveness dependence on waste paper to produce pulp was reduced from 100% to an effective mix of waste paper and agricultural residues. An additional fluidised bed boilder was also installed. Apart from the above cost reduction measures capacity was also increased from 4500 tpa to 7500 tpa and after that to 19800 tpa.The company's products -- writing and printing paper is used for printing of educational books and forms by the private as well as Government Departments and kraft paper is used by the packaging industries as raw materials for making the corrugated boxes envelopes and other packing materials. |
Sangal Papers Ltd.
BSE: 516096 | Sector: Industrials |
NSE: N.A. | ISIN Code: INE384D01022 |
BSE 00:00 | 04 Jul | 86.35 |
1.35 (1.59%) |
OPEN
89.15 |
HIGH
89.15 |
LOW
80.80 |
NSE 05:30 | 01 Jan | Sangal Papers Ltd |
OPEN | 89.15 |
PREVIOUS CLOSE | 85.00 |
VOLUME | 48 |
52-Week high | 137.15 |
52-Week low | 68.50 |
P/E | 6.89 |
Mkt Cap.(Rs cr) | 11 |
Buy Price | 0.00 |
Buy Qty | 0.00 |
Sell Price | 0.00 |
Sell Qty | 0.00 |
Sangal Papers Ltd. (SANGALPAPERS) - Company History
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