182.25 2.75 (1.53%)
NSE Oct 21, 2020 15:31 PM
Volume: 15,763
 

N R Agarwal Industries Ltd.    
04 Apr 2018
182.25
1.53%

Company Update

Prabhudas Lilladhar
NR Agarwal Industries (NRAIL), is among the first and leading manufacturers of recycled paper in India. It is the largest manufacturer (175,000 MTPA, ~7% market share) of recycled grey back and white back Duplex Boards (DB) for over 25 years now and forayed into Writing & Printing (W&P;) paper segment in July'14. Presently, the company earns ~48% revenues from DB, ~43% from W&P; and balance from Newsprint. Recently they completed Rs1bn balancing capex which augmented capacities from 306,000 MTPA to ~350,000 MTPA. We see significant headroom for growth in paper, going ahead, given the low...
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N R Agarwal Industries Ltd. is trading below all available SMAs
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