Paper stocks in focus: JK Paper share price jumps 10% on robust Q1 numbers; West Coast Paper, Andhra Paper among others gain up to 17%
JK Paper reported a growth of 152 per cent year-on-year (YoY) in consolidated profit to Rs 261.98 crore during the first quarter of the financial year 2022-23 (Q1FY23), while its revenue came at Rs 1,430 crore, up 116.5 per cent YoY.
Shares of JK Paper surged nearly 10 per cent to Rs 380.5 per share on the BSE intraday: Reuters