Buy JK Paper, target price Rs 720: Prabhudas Lilladher

Prabhudas Lilladher has buy call on JK Paper with a target price of Rs 720. The current market price of JK Paper Ltd. is Rs 431.8.

JK Paper Ltd., incorporated in the year 1960, is a Small Cap company (having a market cap of Rs 7359.68 Crore) operating in Paper sector.

JK Paper Ltd. key Products/Revenue Segments include Paper & Paper Boards, Other Operating Revenue for the year ending 31-Mar-2022.



Financials
For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 1776.10 Crore, up .78 % from last quarter Total Income of Rs 1762.32 Crore and up .89 % from last year same quarter Total Income of Rs 1760.45 Crore. Company reported net profit after tax of Rs 278.60 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 49.63 per cent stake in the company as of 31-Mar-2024, while FIIs owned 9.26 per cent, DIIs 3.71 per cent.