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Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
03 July, 2025 10:43 IST
Astron Paper enters into MoU with promoters of Balaram Papers
Source: IRIS | 24 Apr, 2018, 10.10AM
Rating: NAN / 5 stars.
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Astron Paper & Board Mill has entered into a Memorandum of Understanding (MoU) with the promoters of Balaram Papers to take over the existing plant located at Ganeshpura, Ta-Kadi, Mehsana district in state of Gujarat.

Astron Paper & Board Mill is engaged in the manufacturing of kraft paper (paperboard or cardboard). It comes up with the eco-friendly concept and working towards goal of converting waste in to wealth.

The stock had outperformed the market over the past one month till Apr. 23, 2018, rising 8.10% compared with the Sensex's 5.69% rise. It underperformed the market in past one quarter, declining 16.36% as against 3.76% fall in the Sensex.

Shares of the company gained Rs 3.65, or 2.95%, to trade at Rs 127.30 at the BSE (Tuesday).
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