Astron Paper & Board Mill Ltd running all its plants at nearly 100% utilization

Astron Paper & Board Mill Ltd is one of the largest manufacturers of Kraft paper and board, used in the packaging industry. Since inception waste paper has been used as raw material instead of traditional usage of wood thus promoting the ecofriendly world. The plant is situated near Mundra port giving it locational advantage.

From last three months i.e Sept to Nov, the company has operated nearly 100% of the capacity utilization and as per the orders and analysis it will be at same level for this month also. For Export also in first six month the company has achieved 19% of total sales which is 22% for last three months. So at all the locations the company is currently working at nearly 100% capacity utilization.

Shares of Astron Paper & Board Mill Ltd was last trading in BSE at Rs.46.25 as compared to the previous close of Rs. 46.6. The total number of shares traded during the day was 3609 in over 92 trades.

The stock hit an intraday high of Rs. 48.1 and intraday low of 43.55. The net turnover during the day was Rs. 167475.

Source : Equity Bulls

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