Established in 1962, JK Paper is the leading player in Office papers, Coated papers, and Packaging boards. It has two integrated Pulp and Paper Mills viz; Unit JKPM at Rayagada (Odisha) near the Eastern coast of India and Unit CPM, Songadh (Gujarat) on the Western coast. In August 2018, JK Paper has acquired Sirpur Paper Mills Ltd– located in Telangana. With this acquisition, the company’s capacity is now 591,000 TPA. From being the pioneer of branded paper in India, the Company today is a leading exporter of Branded Copier Papers and Packaging Boards exporting to over 60 countries covering the USA, Middle-East, South-east Asia, SAARC and African countries.
JK Paper sells its products through an extensive distribution network of 229 trade partners, 18 depots & 4 regional marketing offices
JK Paper is a Deeply Undervalued Stock, and as observed in past, whenever trend reversal happens in this stock, the stock surge is fast and high because of deep value. Stock is Poised to Make Such Moves Once Again as it has created a Trend Reversal Pattern. Apart from Technical Upside, This stock is a Potential Valuebagger for Long Term, with Enough Patience, we can see the Levels of 200-250 and 300 in the Long Term.
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Important Note:- Short Term Volatility is the Reality of Stock Markets, as long as you are fully convinced about the business and valuation, you should not worry about short-term adversity if you are a long term investor. Potential Valuebaggers are stocks that have the potential to give more than 100% Return over 3-5 Years.
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