Several paper stocks, including JK Paper, West Coast Paper Mills, Seshasayee Paper & Boards, Andhra Paper, Tamil Nadu Newsprint & Papers and Orient Paper, are likely to be in focus on Friday amid reports that the Indian government may tighten controls on substandard paper product imports.
Mint reported earlier, quoting sources that “India is set to tighten controls on substandard paper product imports, particularly from China, with the Department for Promotion of Industry and Internal Trade (DPIIT) in the process of introducing a new Quality Control Order (QCO) for a wide range of commonly used paper products.”
(This is a developing story. Please check back for fresh updates.)