{"id":112452,"date":"2023-10-20T17:45:14","date_gmt":"2023-10-20T12:15:14","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=112452"},"modified":"2023-10-20T17:45:19","modified_gmt":"2023-10-20T12:15:19","slug":"paper-stock-jumps-up-to-4-after-mukul-agarwal-buys-10-lakh-shares-in-the-company","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/paper-stock-jumps-up-to-4-after-mukul-agarwal-buys-10-lakh-shares-in-the-company\/","title":{"rendered":"Paper stock jumps up to 4% after Mukul Agarwal buys 10 Lakh shares in the company\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3024860830\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Mukul agarwal stock which is one of the leading paper manufacturers in India jumped 4 percent after he acquired a fresh 1.51 percent stake in the company consisting of 10 lakh equity shares in the september quarter.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-223916445\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At the day\u2019s closing the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/WSTCSTPAPR\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">west coast paper limited<\/a><\/strong> were trading at Rs. 759 per share, up 1.37 percent from its previous day close price and its market capitalization is Rs.\u00a0<\/p><p>As per the reports, Ace Investor Mukul Agarwal bought 10 lakh shares of the company aggregating to 1.51 percent in the September quarter.&nbsp;<\/p><p>As per latest corporate shareholding data filed, Mukul Agarwal publicly held 54 stocks (including WSTC) with net worth over 37 Billion rupees, at the end september Q2FY24.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2038468716\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company\u2019s revenue grew 45.69 percent from Rs. 3,377.67 Crores in FY22 to Rs. 4,920.76 Crores, accompanied by increasing profits of Rs. 307.04 Crores to Rs. 941.98 Crores.&nbsp;<\/p><p>It has reported a return on equity (ROE) of 51.02 percent and a return on capital employed (ROCE) of 61.5 percent, it has made very good returns on its equity and capital employed..&nbsp;<\/p><p>According to the latest shareholding data available for the June 2023 quarter, the company\u2019s Promoters hold 56.53 percent stake, the Domestic Institutional Investors hold 7.18 percent and the Foreign Institutional Investors (FII) hold 7.38 percent.&nbsp;<\/p><p>West Coast Paper Mills Limited is one of the oldest and the largest producers of paper for printing, writing, and packaging in India.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>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. Dailyraven Technologies 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.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-236249933\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Mukul agarwal stock which is one of the leading paper manufacturers in India jumped 4 percent after he acquired a fresh 1.51 percent stake in the company consisting of 10 lakh equity shares in the september quarter.&nbsp; At the day\u2019s closing the shares of west coast paper limited were trading at Rs. 759 per share, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":106172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[948,936,13569,13568],"class_list":["post-112452","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-stock-market","tag-stock-market-news","tag-west-coast-paper-latest-news","tag-west-coast-paper-share-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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