Paper is a commodity
I have been to Andhra Paper in 2019
I have seen the outside and plantation area of the plant in Rajamahendravaram in Andhra Pradesh
The plant is away from major trading points.
It has a good reputation in the markets it sells
Lot of people use the paper that is produced from this mill in and around that area. The population in India is so huge that we need Paper mills I feel
They make copier and all other kraft and cardboard paper too.
Cisco recently upgraded their workflow
They have a new and focused management in place
The EU has lifted the ban on export of raw materials for Paper print and paper production, which we are dependent on.
Overall, after the massive bull run in all other irrational sectors, paper is set to shoot and this stock is coming up on many screener.in top screens for favourable to invest kind of stock.
Demand is high, sector tailwinds due to increase in demand from NEP, Colleges, reopening after CV19.