Meanwhile, the S&P BSE Sensex was down 46.52 points, or 0.14% to 33,810.26.

On the BSE, 15,000 shares were traded in the counter so far compared with average daily volumes of 15,000 shares in the past two weeks. The stock had hit a high of Rs 230.20 and a low of Rs 223.40 so far during the day. The stock hit a record high of Rs 318.20 on 16 January 2018. The stock hit a 52-week low of Rs 134.70 on 23 March 2017.

Shares of Star Paper Mills surged 16.56% in four trading sessions to settle at Rs 231.95 yesterday, 13 March 2018, from its close of Rs 199 on 7 March 2018.

Net profit of Star Paper Mills declined 9.60% to Rs 12.06 crore on 11.06% rise in net sales to Rs 87.07 crore in Q3 December 2017 over Q3 December 2016.

Star Paper Mills produces a wide range of industrial, packaging and cultural papers.

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Net profit of Star Paper Mills declined 9.60% to Rs 12.06 crore in the quarter ended December 2017 as against Rs 13.34 crore during the previous quarter ended December 2016. Sales rose 11.06% to Rs 87.07 crore in the quarter ended December 2017 as against Rs 78.40 crore during the previous quarter ended December 2016.

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Star Paper Mills will hold a meeting of the Board of Directors of the Company on 8 February 2018, to inter-alia consider and approve the Un-audited financial results for the Quarter & Nine months ended on 31st Dec., 2017.

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The result was announced after market hours yesterday, 23 November 2017.

Meanwhile, the S&P BSE Sensex was up 87.59 points, or 0.26%, to 33,675.67. The S&P BSE Small-Cap index was up 109.51 points, or 0.61%, to 18,053.37

On the BSE, 54,000 shares were traded in the counter so far, compared with average daily volumes of 29,715 shares in the past one quarter. The stock had hit a high of Rs 214.45 and a low of Rs 200.40 so far during the day. The stock hit a record high of Rs 239 on 7 November 2017. The stock hit a 52-week low of Rs 134.70 on 23 March 2017.

The stock had outperformed the market over the past one month till 23 October 2017, rising 11.95% compared with 1.83% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 15.81% as against Sensex's 0.86% rise. The scrip had also outperformed the market in past one year, surging 23.98% as against Sensex's 15.36% rise.

The small-cap company has equity capital of Rs 15.61 crore. Face value per share is Rs 10.

Star Paper Mills is an integrated pulp and paper mill. It produces a wide range of industrial, packaging and cultural papers catering to almost all segments of the consumers.

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