PUDUMJEE PAPER PRODUCTS LTD – Diwali 2018 Pick

padumjee

PUDUMJEE PAPER PRODUCTS LTD in its various forms and applications always had a key role in the development of modern society. It has revolutionized the communication, packaging and distribution of products and has indeed played a key role in evolution of many cultures.

Paper products at Pudumjee Group; have roots going back to over 100 years at Bombay Presidency and Mundhwa in Western India where its Mills were founded in the 19th century.

The renewed start began with the manufacturing unit established at Pune in the year 1964. The objectives were clearly defined through the choice of products so as to add value in terms of meeting specific requirements of users. Pioneering with a humble beginning through offering specialty paper products like Glassine and Greaseproof Papers for packaging applications, the Group has grown over the years to expand the products offering through range of special papers and soft tissues. Today, the Group is proud to have an installed capacity of over 60,000 Tonnes per annum (TPA) that represents a full range of high quality specialty paper manufacturing in the country from a single location.

The M.P. Jatia Group of Companies now headed by Mr. Arun Kumar Jatia have diversified into several activities from manufacturing of Specialty Papers to Converted hygiene Tissue products, Real Estate, Financing, Information Technology and FMCG products.

The group through its Companies has received certificates such as ISO 14001:2008, ISO 22000, FSC meeting requirements of the Chain of Custody as also Green Seal Certification for its Hygiene operations for conversion of Soft Tissue, as the first Company in Asia to achieve the same.

(Source: Pudumjee Website)

Shareholding Pattern

Promoter

66.89%

FII

0%

Corporate

6.45%

DII

0%

Public

25.64%

Others

1.02%

 

 

Pudumjee Paper Products Ltd

Market Cap.: 290.55 Cr

Stock P/E: 11.72

Recommended Price: 29 Rs-30 Rs (Add More On Deep)

Current Price

Book Value: 24.28

52 Week High/Low: 31.60 / 12.00

Listing: NSE/BSE

one can hold this stoke for long term

 

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