Fundamental Radar: JK Paper poised for a re-rating on strong business prospects

Major paper companies have entered the next phase of expansion due to high-capacity utilization and strong balance sheet position, which provides good upside potential to the stock from FY26-27 perspective, says Sandeep Raina of Nuvama Professional Clients Group.
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[@AjaataShatru]

For people seeing this video, JK Paper is a Excellent Candidate for future growth. Following are the points covered in its favour 1) Lower PE ratio of just 5. Means your Rs 5 investment and company makes Rs 1. 2) This is then very cheap stock on PE Ratio. 3) Consistent Quarter results observed with good EPS. 4) Gives dividend of 2.2% annually. 5) Technical graph analytics shows the stock has recently bottomed out and will start upward journey. 6) Because overall market was dominated by sellers this priced stock fell from 52 week high around 450. 7) This has potential to go upside to 52 week high. Around 34% in a horizon 6-12 months. 8) Stock free from legal hazzles. 9) Paper industry may see a decent momentum as it is part of recycling which Govt is backing. 10) It is market leader in its sector followed by Dandeli based WestCoast Paper Mills (around which I spent my childhood). 😂😂😂

[@tariqaziz4534]

I have 301 shares as market is down in mar 24 am thinking of buying. MOre jk paper stocks. Shall i???

[@AjaataShatru]

Go ahead Bro. It is bouncing from bottoming out. Next, 449 is the horizon for 6-12 month purview. 😊😊😊