Synopsis:
Tamil Nadu Newsprint & Papers Ltd. is in focus after LIC sold a 0.58 percent stake, worth about Rs. 6.84 crore, through a bulk deal on NSE.
A Paper manufacturing company is in the spotlight today after large bulk deal transactions were completed on the stock exchanges on August 25. These variations show how the market and investors felt about the significant buying and selling that took place during that time.
With a market capitalization of Rs. 1,118.10 crore, Tamil Nadu Newsprint & Papers Limited is trading at Rs. 161.55, down by 4.69 percent from its previous close of Rs. 169.77 per equity share.
What’s the deal?
According to the latest NSE bulk deal data, Life Insurance Corporation of India (LIC) has sold 4 lakh shares of Tamil Nadu Newsprint & Papers Ltd, representing a 0.58 percent stake, for a total of around Rs. 6.84 crore at an average price of Rs. 171 per share. As of June 2025, Life Insurance Corporation of India holds a 1.80 percent stake in the company.
Also Read: Telecom stock crashes 11% after government rejects AGR relief
About the company
The Tamil Nadu government established TNPL in 1979 to produce newsprint, writing paper, and packaging boards primarily from sugarcane bagasse. Its production capacity has increased from 90,000 tonnes per year in 1985 to 6,00,000 tonnes per year, with increased pulping capacity. The company also operates a cement plant in Kagithapuram, which opened in 2013 and now produces 900 tonnes per day using modern technology.
With a return on equity (ROE) of about 0.18 percent, a return on capital employed (ROCE) of about 5.84 percent and Debt to Equity ratio of 0.77 demonstrates the company’s financial position.
In Q1 FY26, the company reported revenue of Rs. 1,142.10 crore, up 2.291 percent from Rs. 1,116.56 crore in Q1 FY25. However, net profit turned negative, moving from a profit of Rs. 21.91 crore in Q1 FY25 to a loss of Rs. 7.41 crore in Q1 FY26.
Written by Akshay Sanghavi
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
