Orient Paper Share Price settled above 14%

On 23^rd Nov, Orient Paper share price zoomed up by 14 per cent. The stock opened with a rise of 8 points at Rs. 60.95 as compared to its previous closing at Rs. 59.

Orient Paper is one of India's top players in Paper with a diverse array of writing, printing, industrial and specialty papers. Fully equipped with facilities for the production of high strength pulp combined with reafforestation, Orient Paper is of the belief that resources must be dynamically matched with a strong commitment to excellence in products and processes through a team of dedicated people, while ensuring a clean environment for our planet, the earth.

Key fundamentals

• The stock touched the days high and low at Rs. 67.70 and Rs. 60.50. Orient Paper share price settled at Rs. 66.25.
• Throughout the entire day, around 4,99,087  shares were traded in the counter with a traded value of Rs. 316.22 lacs, as per NSE. 
• The lower price band of the share is 47.20 and the upper price band is 70.80.
• The 52 week high of Orient Paper share price is observed at Rs. 92.50 (17-OCT-16) while the 52 week low is seen at Rs. 24.05
  (30-NOV-15. 
• The Average Daily Movement of the stock is 4.27 and its average volume for last 20 days is368976.
• The stock yields -30.62 per cent monthly returns and has the Standalone FY 15-16 PE Ratio of 34.10.
• The market cap of the company amounts to Rs. 1281.00 (Cr) and has a book value of Rs. 59.56.

Orient Paper is a multibagger stock for this quarter as recognized by Dynamic Levels, based on its technical and fundamental research, it is seen to have traded in very high volumes. Multibagger stocks have a great potential to grow in the long run.

In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to Orient Paper share price history.