Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  JK Paper Ltd.    JKPAPER   INE789E01012

JK PAPER LTD.

(JKPAPER)
My previous session
Most popular
  Report  
End-of-day quote. End-of-day quote NATIONAL STOCK EXCHANGE OF INDIA - 02/18
119.9 INR   -4.54%
2018JK PAPER LTD. : Ex-dividend day for final dividend
FA
2017JK PAPER LTD. : Ex-dividend day for final dividend
FA
2016JK PAPER LTD. : Ex-dividend day for final dividend
FA
SummaryQuotesChartsNewsCalendarCompanyFinancials 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

JK Paper : Production begins at Sirpur Paper Mill

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/12/2019 | 03:34am EST

After a successful trial run of machine no VII at Sirpur Paper Mills (SPM) Private Limited, production was resumed after a long gap amid the loud cheers of management and employees in Kaghaznagar town on Saturday. It was revived by JK Paper Limited, following a slew of incentives announced by the TRS government in July last.

The management said the trial run, which began on Thursday, was successful and two reels of paper was produced during the testing phase. The machines numbered 3, 6 and 8 would be repaired soon. In all, the SPM has eight machines.

The machine will give an output of 50 tonnes of paper per day and 1.40 lakh tonnes per annum. Already, 320 tonnes of raw material was kept ready for producing the paper. The material is now being imported from the plants of JK Paper situated in Odisha, and steps are being taken to ensure sufficient availability of the material in and around Kaghaznagar town.

PK Suri, president and director of SPM, Mayank Kumar Jindal, unit head, Alok Srivastava, general manager, and other members of the unit took part in the celebrations. They expressed happiness over the success of the trial run and exuded confidence that the plant would begin manufacturing from all the machines soon.

Ashok Kumar, one of the employees in the electrical wing, said the credit of reviving the sick unit would go to the TRS government and sustained efforts of local MLA Koneru Konappa. The governments move to offer incentives to JK Paper Limited realised the long-pending dream of reopening the mill, bringing cheer to workers. Konappa relentlessly pursued the need for the revival of the factory with the government, he remarked.

The JK Papers Limited came forward to revive the factory by investing Rs 628 crore. The National Company Law Tribunal (NCLT)-Hyderabad gave its nod to Resolution Plan of JK Papers for reviving SPM on July 19 last. The manufacturing was closed at the mill on September 27, 2014.

(c) 2019 The New Times Publications S.A.R.L All rights reserved Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on JK PAPER LTD.
02/14SIRPUR PAPER MILLS : Mills to kick off full-fledged commercial production from A..
AQ
02/12JK PAPER : Production begins at Sirpur Paper Mill
AQ
02/11SIRPUR PAPER MILLS : on revival mode; begins trial production
AQ
2018JK PAPER : Sirpur Paper Mills to help JK Paper add 1.4 lakh-tonne capacity by FY..
AQ
2018JK PAPER : Trailing twelve month results - jk paper limited
AQ
2018JK PAPER : Quarterly results - jk paper limited
AQ
2018SHARE HOLDING PATTERN AND MARKET RE : - jk paper limited
AQ
2018JK PAPER : Lockout at odisha plant lifted, jk paper
AQ
2018JK PAPER : Mill workers call off agitation
AQ
2018JK PAPER : declares lockout
AQ
More news
Chart JK PAPER LTD.
Duration : Period :
JK Paper Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends JK PAPER LTD.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Average target price 223  INR
Spread / Average Target 78%
Managers
NameTitle
Harsh Pati Singhania Vice Chairman & Managing Director
A. S. Mehta President & Director
Bharat Hari Singhania Non-Independent Non-Executive Chairman
Virpupakshan Kumaraswamy Chief Financial Officer
Arun Bharat Ram Independent Non-Executive Director
Sector and Competitors