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Stock To Watch: This Paper Mill Stock Up 16% Intraday & 89% In 6 Months, Invest?
The share price of West Coast Paper Mills Ltd. surged sharply in the intra-day trading today and reached a fresh 52-week high range today, on August 1. The paper stocks in India are showing positive momentum this week. Watching the above-mentioned company's consistent high returns, investors can look out for the stock to invest in.
Stock to Watch: NSE performance
The current market price of West Coast Paper Mills Ltd. stood at Rs. 492/share on NSE, gaining by 16.42%, till last traded. In the last 5 days, the share price of this company has surged by 32.28% on NSE, and in the last 1 month, its share price has surged by 40.03%. In the past 6 months, its stock price has surged by 87.86%. In the last 1 year its stock price gained by 81.72%.
The 52-week high level of this stock is Rs. 498.00, and the 52-week low level of this stock is Rs. 217.00.
| Market capitalization | Current market price | 5 days performance | 6 Months performance |
|---|---|---|---|
| Rs. 3,201 crore | Rs. 492 | 32.28% | 87.86% |
Financial performance
According to data available with NSE, in Q4 FY22, the company's total income stood at Rs. 65,075.08 lakh, as against Rs. 52,592.95 lakh in the previous quarter. The company's profit before tax or PBT was reported at Rs. 10,529.94 lakh in Q4 FY22, as against Rs. 5,536.27 lakh in Q3 FY22. The company's net profit was reported at Rs. 8,226.89 lakh in Q4 FY22, as against Rs. 5,111.43 lakh in Q3 FY22.
Disclaimer
Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article.
