7.85 -0.25 (-3.09%)
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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2018-08-01||Genus Paper & Boards.. +||Rudra Shares and Stock Brokers Ltd||12.15||12.15 (-35.39%)||Accumulate|
Rudra Shares and Stock Brokers Ltd
Company have performed very well for the FY 2018, the year has started on a encouraging note. Along with improved sales volumes, the mix has changed favorably towards the value-added products. After Maharashtra, Uttar Pradesh has become the 19th state in the country to ban the usage of plastic bags. The ban will further boost the demand for the Kraft paper for...
|2018-03-28||Genus Paper & Boards.. +||ICICI Securities Limited||12.10||12.10 (-35.12%)||Mgmt Note|
ICICI Securities Limited
We met the management of Genus Papers & Boards (Genus) to get an insight into the business and its future plans. Genus is one of the prominent manufacturers of Kraft paper (brown paper), which is mainly used for producing corrugated boxes. The company's products are utilised in packaging applications in the FMCG sector, consumer durables, pharma and e-commerce. Genus has own plant capacity of 140 TMT in Moradabad, Uttar Pradesh along with additional 75 TMT in Kashipur, Uttarakhand on a lease agreement. The company was independently listed...