|
The announcement was made after market hours yesterday, 8 March 2017.
Meanwhile, the S&P BSE Sensex, was currently down 6.39 points or 0.02% at 28,895.55
On BSE, so far 28,000 shares were traded in the counter, compared with an average daily volume of 14,892 shares in the past one quarter. The stock hit a high of Rs 340 and low of Rs 327 so far during the trading session. The stock had hit record high of Rs 392.45 on 13 October 2017. The stock hit 52-week low of Rs 198.55 on 16 March 2016.
The small-cap company has equity capital of Rs 69.21 crore. Face value per share is Rs 10.
Tamil Nadu Newsprint & Papers said that due to water shortage, the company has stopped production in Paper Machine II (PM II), in Unit I at Karur, Tamil Nadu from afternoon of 7 March 2017. The other two paper machines are in operation. The production in PM II will be resumed on availability of water.
Tamil Nadu Newsprint & Papers after net profit rose 39.18% to Rs 61.06 crore on 49.29% growth in net sales to Rs 698.85 crore in Q3 December 2016 over Q3 December 2015.
Tamil Nadu Newsprint & Papers (TNPL) manufactures newsprint and printing & writing paper using bagasse, a sugarcane residue, as primary raw material.
|