News for Ruchira Papers Limited (RUCHIRA.BO)

Stocks including PN Gadgil, YES Bank, Tata Steel, Torrent Power, JK Tyre, FSL, Globus Spirits, Indo Count, HEG and more will be the spotlight on Tuesday, September 17.

Net Sales at Rs 202.38 crore in December 2022 up 36.42% from Rs. 148.35 crore in December 2021. Quarterly Net Profit at Rs. 17.24 crore in December 2022 up 194...

COMMITTED TO THE EARTH www.ruchirapapers.com ... | October 14, 2022

The company last week revised the ‘Record Date’ to Tuesday, October 11, 2022 to determine eligible shareholders entitled to receive bonus shares in the ratio of 1:10

Two small-cap multibagger stocks have announced bonus share for shareholders. These stocks are Ruchira Papers Ltd and Shivalik Bimetal Controls Ltd. Ruchira Papers Ltd has recommended bonus equity shares in the ratio of 1:10 while Bimetal Controls Ltd has announced bonus equity shares in 1:2 ratio.

In the Nifty 50 index, 22 stocks were trading in the green, while 28 stocks were trading in the red.

The Indian equity markets are marginally bearish today, Nifty stood at 17,498.45 points, falling by 0.15%. However, these 5 below-mentioned paper stocks are soaring this month. In the post-pandemic time, schools, colleges, and offices are opening, and demands for papers are surging now.

Nifty mostly traded with a bearish trend today, Sensex followed the same trend. Today, on August 3, the Nifty 50 closed at 17,388.15 points, gaining by 0.25%, while Sensex quoted at 58,350.53 points, gaining only by 0.37%. Nifty PSU Bank with a 0.53% fall, Nifty Private Bank with a 0.16% fall, and Nifty metal with a 0.19% fall.

The BSE Sensex was trading 302.95 up at 57873.20 on Monday.

Genus Power Infrastructures has broken out from the symmetrical triangle on weekly charts with higher volumes. Stock price has also closed at all-time high level on the weekly basis. Primary trend of the stock is positive as it trades above its all important short-term and long-term moving averages

In the Nifty 50 pack, Coal India, NTPC, Tata Steel, UPL and Powergrid were the top gainers, while HDFC Bank, HDFC, HDFC Life, Tech Mahindra and HCL Tech were the losers.

In the Nifty pack, 40 stocks were trading in the green, while 10 stocks were trading in the red.

In the Nifty pack, 9 stocks closed in the green, while 40 stocks ended in the red.

Read more about Paper stocks rally; JK Paper, TN Newsprint, West Coast surge up to 14% on Business Standard. Paper stocks rallied on expectation that reopening of offices, educational institutions and courts will lead to regularization of demand

Read more about Paper stocks on a roll; Star Paper, Seshasayee Paper rally up to 15% on Business Standard. The demand is expected to pick up and grow by 11-15 per cent year on year in fiscal 2022 with schools, colleges and office spaces are likely to open and drive the demand