Andhra Paper Ltd
Andhra Paper | 502330
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About Company
- Andhra Paper Limited, a L
- Bangur Group Company was originally set up by a private entrepreneur and changed hands twice in the pre-independence period because of losses
- Later in 1953, the company was taken over by the Indian Government
- Pursuant to an agreement between the Government of Andhra Pradesh and G D Somani, an Industrialist, the Andhra Pradesh Paper Mills came into existence
- Andhra Paper Limited incorporated on June 29, 1964 as one of the first Joint-Sector Companies in India
- Somani later transferred his rights and obligations to the West Coast Paper Mills Ltd of the current owner L N Bangur
- The name of Company was changed from 'The Andhra Pradesh Paper Mills Limited' to 'International Paper APPM Limited' on December 16, 2013 and further was renamed as 'Andhra Paper Limited' on December 29, 2019
- The Company is one of India's leading integrated paper and pulp manufacturers based in Andhra Pradesh with a production capacity of 2,20,500 TPA of virgin pulp and 2,59,400 TPA of paper, APL is the only paper mill in Andhra Pradesh using virgin pulp
- Bangur Group is holding around 72
- 20% stake of the total investment in the Company
Technical Indicators
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Andhra Paper Ltd?
The current share price of Andhra Paper Ltd (Andhra Paper) is ₹70.51. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Andhra Paper Ltd?
Andhra Paper Ltd has a 52-week high of ₹107.99 and a 52-week low of ₹65.10. This range shows the stock's price volatility over the past year.
What is the ROE of Andhra Paper Ltd?
Andhra Paper Ltd has a Return on Equity (ROE) of 3.07%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
