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Star Paper Mills Ltd.

BSE: 516022 Sector: Industrials
NSE: STARPAPER ISIN Code: INE733A01018
BSE 00:00 | 04 Mar 127.60 1.40
(1.11%)
OPEN

125.20

HIGH

131.30

LOW

125.20

NSE 00:00 | 04 Mar 127.75 1.65
(1.31%)
OPEN

126.00

HIGH

131.35

LOW

126.00

OPEN 125.20
PREVIOUS CLOSE 126.20
VOLUME 44282
52-Week high 132.50
52-Week low 60.00
P/E 11.38
Mkt Cap.(Rs cr) 199
Buy Price 127.60
Buy Qty 250.00
Sell Price 128.70
Sell Qty 80.00
OPEN 125.20
CLOSE 126.20
VOLUME 44282
52-Week high 132.50
52-Week low 60.00
P/E 11.38
Mkt Cap.(Rs cr) 199
Buy Price 127.60
Buy Qty 250.00
Sell Price 128.70
Sell Qty 80.00

Star Paper Mills Ltd. (STARPAPER) - Company History

The company Star Paper Mills controlled by the Bajorias became a sick unit and came under the purview of BIFR in 1986-87. As per the rehabilitation package the company was taken over by the Duncan Goenka group. The company's product mix consists of writing and printing paper paper boards and MG kraft paper. The products are marketed under the brand name Star.In 1994 the company expanded and diversified by increasing capacity at its plant in Saharanpur Uttar Pradesh besides incorporating a pulping plant. The company also diversified into the sugar segment and is setting up a unit near Saharanpur with an estimated capacity of 2500 tpd.Star Paper came out with a public issue in May '95. In 1995 the company changed its product mix from bleached (60%) and unbleached (40%) to 100% bleached products. During 1998-99 the company on-going modernisation scheme the chemical recovery boiler and the evaporator plant were commissioned which reulted in considerable savings in the cost of energy and chemicals.During the year 1999-2000 the company has produced a special variety of document paper for priniting the Constitution of India and has started commercial production of photocopier paper for marketing under its own `Star Copier' brand.

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