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Indian-Commodity  :  Equity & Shares  :  TNPL surges on resuming normal production at its plant

TNPL surges on resuming normal production at its plant (27-Jul-2017)

Tamil Nadu Newsprint & Papers (TNPL) is currently trading at Rs. 371.40, up by 33.55 points or 9.93% from its previous closing of Rs. 337.85 on the BSE.

The scrip opened at Rs. 340.00 and has touched a high and low of Rs. 373.65 and Rs. 340.00 respectively. So far 72,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 392.45 on 13-Oct-2016 and a 52 week low of Rs. 275.25 on 28-Jul-2016.

Last one week high and low of the scrip stood at Rs. 373.65 and Rs. 335.45 respectively. The current market cap of the company is Rs. 2,565.00 crore.

The promoters holding in the company stood at 35.32%, while Institutions and Non-Institutions held 37.49% and 27.20% respectively.

TNPL has resumed normal production / operation in the plant from July 27, 2017, pursuant to availability of water.

TNPL manufactures products such as ultra white maplitho, elegant maplitho, hi-tech maplitho, creamwove, copy crown and copier.



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