Paper Products provides packaging solutions to some companies list includes Glaxo, Nestle, Britannia, Dabur etc.

Trades in BSE and NSE.

Foreign promoter holding at 60.7 with a total debt equity ratio of 0.07.

Constant dividend paying company generally in January not less than 2 rs.

FY10 sales and profit at 710 and 48 crores

FY11 months sales and profit at 596 and 43 crores.

Bought today a few at Rs 61, playing for around 10% gain in a month or two, may lose the same percent on down side

It has such poor margins. NPM is meager 8%!

I will not touch the stock.

Why not do FD at 10% with any of banks? Risk free returns.

mandeepjee it also trading at a lower PE ratio of just 6 assuming a 10 rs EPS for FY11 that ends in december.

Touched an intra day high of 70 rs. That's almost 15% return less than a month. I won't prefer to enter at this price. .

But the sad part is I exited this at my buy price, as I give some weightage for mandeepji's thoughts it's hard to change a loser's fate.