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22 May, 2018 10:04 IST
Astron Paper And Board Mill lists at 2.3 times premium
Source: IRIS | 29 Dec, 2017, 01.33PM
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Astron Paper And Board Mill got listed on the stock markets on Friday with a premium of 2.3 times (130%) over its issue price. At the NSE, stock opened at Rs 115 a share as against issue price of Rs 50 a share.

Currently, shares are trading at Rs 120.75, up 141.50% (2.41 times) from its issue price. It recorded a high of Rs 120.75 and a low of Rs 112.50 at the NSE (01:05 pm).

Astron Paper & Board Mill Ltd is Ahmadabad based manufacturer of Kraft paper, also known as paperboard or cardboard. The paper produced by the company is used mainly in packaging industry for manufacturing corrugated boxes and liners, corrugated sacks and composite containers.

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