Star paper share price saw a dip of more than 5 per cent in the early hour of today’s trading session.
Star Paper is engaged in production of paper and paper related products. Incorporated in the year 1938, the company is part of Duncan Goenka Group.
Star Paper has received ISO 9001:2000 as well as ISO 14001:2004 certifications for its quality management.
To produce its raw material, the company owns 34983 hectare on which 270 lakhs saplings have been grown spread across seven districts of western Uttar Pradesh and two districts of Uttranchal.
The company has started Clonal Technology Programme with an intention to increase the yield per unit area. The paper major has also developed a fully automatic green houses and hardening chambers at Tapri for the production of clonal plants.
At 10.05 AM Star paper share price was seen trading at Rs 178.85, 5.57 per cent or 10.55 points on NSE. A total of 72,884 shares of the company have been traded for a total value of Rs 132.57 lacs today. The 20 days average daily trading volume of the share is 1,08,278.
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