News for JK Paper Limited (JKPAPER.BO)

JK Paper reported a 72.3% drop in Q4FY25 net profit to Rs 77.05 crore, hit by higher wood costs and cheap imports. Revenue dipped 1.7% to Rs 1,690 crore, while EBITDA fell 42%, with margins shrinking to 14.3%. Despite headwinds, the company posted record sales of 8.06 LMT and announced a Rs 5 per share dividend.

The Nifty Auto index was trading 1.31 per cent down at 21379.95.

The paper and packaging solutions company has acquired Quadragen Vethealth for ₹460 crore in an all-cash deal.

Buzzing stocks, stocks to watch: Religare, ITD Cementation, MobiKwik, KFin Tech, ITC Hotels, Autoline Industries, OneSource, Lloyds Enterprises, HG Infra, Grasim

Buzzing stocks, Stocks to watch today: Reliance Industries, Dixon Technologies, Ambuja Cements, Biocon, DMart, Waaree Energies, EIH, Aurobindo Pharma, Glenmark, Zydus, Aeroflex, HBL Engineering, Senco Gold, Happy Forgings, NMDC, Premier Explosives, Afcons Infra, Tejnaksh Healthcare

Stocks including Zinka Logistics, Reliance Industries, Bharat Forge, Biocon, Lupin, Afcons Infra, Aurobindo Pharma, JSW Energy and more will be in the spotlight on Monday, December 16.

Sensex, Nifty updates 16 December 2024: The Sensex declined 384.55 points (0.47%) to 81,748.57, and the Nifty fell 100.05 points (0.4%) to 24,668.25, amid mixed sectoral performance and heightened market volatility. Despite losses, market breadth was positive, with 2,346 advances against 1,796 declines on the BSE.

Stocks including Zomato, Sun Pharma, Afcons Infrastructure, Premier Energies, Zen Technologies, IRFC, Ujjivan Small Finance Bank and more will be the spotlight on Monday, November 04.

Anand Rathi said tha the daily RSI of JK Paper shows an impulsive V-shaped structure near the oversold zone, suggesting a potential bullish reversal in the coming weeks.

Saraswati Saree, Zomato, IndusInd Bank, HCL Tech, Bajaj Auto, Hindustan Zinc, Poly Medicure and more may remain under the spotlight before the opening bell on Tuesday, August 20.

The fall came on the back of weak results in the June quarter of financial year 2025 (Q1FY25).

In the Nifty pack, 18 stocks were trading in the green, while 32 stocks were trading in the red.

Stocks to Watch today, July 25, 2024: Axis Bank ADRs fell 4.5 per cent overnight in US markets. Meanwhile, RBL Bank counter is expected to see a block deal today

Stocks to Watch today, Wednesday, July 24, 2024: HUL reported a 2.2 per cent Y-o-Y rise in consolidated net profit at Rs 2,610 crore for Q1FY25, in line with market expectations

G M Breweries, Dharmaj Crop Guard, JK Paper, Pudumjee Paper Prod and Refex Industries, hit their fresh 52-week highs during the day.

Shriram Finance, Bharti Airtel, Kotak Bank, Tata Motors and IndusInd Bank were among the top losers on NSE in today's trade.

The Nifty Auto index closed 0.76 per cent down at 25130.85.

The NSE Nifty index closed 18.11 points down at 24123.85

In the Nifty pack, 21 stocks closed in the green, while 29 stocks ended in the red.