News: JK Paper, a leading paper manufacturing company, recently announced its dividend for 2024 and released its Q3 results. The company declared a dividend of Rs 3.5 per share on February 7, 2024. Despite the recent stock market slowdown, JK Paper Limited saw an increase in its stock value.
On Tuesday, JK Paper shares closed at Rs 407.35 and opened at Rs 410.25 on Wednesday, reaching a peak of Rs 417.50 during the day. The shares closed at Rs 414.00 by the end of the trading session, marking a growth of 1.63%.
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JK Paper Limited specializes in manufacturing various types of paper and paperboard products, including:
While JK Paper Limited has faced stagnant growth in recent years, its long-term performance has been steady, with a 36.4% CAGR profit growth over the last five years. Consider seeking advice from a financial advisor before investing in JK Paper shares for the long term, as they may not be suitable for short-term gains.
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