Astron Paper & Board Mill Ltd have received permission from Government of Gujarat (vide Collector of Bhuj, Gujarat) regarding commencement of Unit-2 located at Bhuj, Gujarat.
Unit-1 (PM-1 and 2) located at Halvad, Dis-Morbi, Gujarat remain shut during this lockdown period.
Balaram Papers Private Limited, wholly owned subsidiary company has also received permission to commence operation.
Hence, the company has partially started production with a bare minimum strength of men power and with conditions / directions / guideline issued by Ministry of Health and Family Welfare Govt of India and by Government of Gujarat with respect to preventive measures taken for this COVID-19.
Company's product kraft paper is used in manufacturing of corrugated boxes for industries like FMCG, Pharma, Food oil, etc as means of packaging solution.
Shares of Astron Paper & Board Mill Ltd was last trading in BSE at Rs.27.35 as compared to the previous close of Rs. 26.8. The total number of shares traded during the day was 11090 in over 503 trades.
The stock hit an intraday high of Rs. 29.45 and intraday low of 25.35. The net turnover during the day was Rs. 307592.