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Star Paper Mills Ltd.

BSE: 516022 Sector: Industrials
NSE: STARPAPER ISIN Code: INE733A01018
BSE 00:00 | 24 Apr 2020 Star Paper Mills Ltd
NSE 05:30 | 01 Jan 1970 Star Paper Mills Ltd

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OPEN 95.30
PREVIOUS CLOSE 98.20
VOLUME 4206
52-Week high 174.00
52-Week low 60.00
P/E 2.62
Mkt Cap.(Rs cr) 148
Buy Price 94.00
Buy Qty 50.00
Sell Price 95.90
Sell Qty 150.00
OPEN 95.30
CLOSE 98.20
VOLUME 4206
52-Week high 174.00
52-Week low 60.00
P/E 2.62
Mkt Cap.(Rs cr) 148
Buy Price 94.00
Buy Qty 50.00
Sell Price 95.90
Sell Qty 150.00

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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