respectively. In Q2FY18 WCPM's standalone net sales declined by ~11% to Rs. 421.53 Further to our Research report dated December crore, EBIDT increased by ~5% to Rs. 83.35 crore and PAT increased significantly by ~88% to Rs. 47.79 crore from Rs. 25.44 crore as compared to the same quarter previous 8th 2016, wherein we had recommended a BUY at year. This is mainly due to increase in production and sales of Paper and Paperboard the then price of Rs. 134.65, the share price had coupled with decrease in input cost of mainly Wood/Chips....

West Coast Paper Mills Ltd (WCPML), incorporated in 1955 is the flagship company of S.K. Bangur group. The company is among India's top five paper & paper board's manufacturer in terms of total capacity of 320000 mtpa. WCPML operates in two business segments; Paper/Paperboard (including Duplex Board) at Dandeli and Telecommunication Cables at Mysore. WCPML also has Wind Mills of 1.75MW capacity in Tamilnadu for power...

BUY West Coast Paper Mills Ltd at CMP Rs. 188 add on dips to Rs. 170 - 174 for the sequential targets of Rs. 215 - 237

West Coast Paper Mills Ltd (WCPML), incorporated in 1955 is the flagship company of S.K. Bangur group. The company is among India's top five paper & paper board's manufacturer in terms of total capacity of 320000 mtpa. WCPML operates in two business segments; Paper/Paperboard (including Duplex Board) at Dandeli and Telecommunication Cables at Mysore. The company also has Wind Mills of 1.75MW capacity in Tamilnadu for power generation. WCPML has a share of 10% in the...