Sunandamedi

JK PAPER - UP MOVE DEPENDS ON IMPORT DUTY

NSE:JKPAPER   JK PAPER LTD
DRAGON FLY DOJI FORMED TODAY.

THE SHARE PRICE SEEMS TO TOUCH 132 IN THE COMING 1-2 DAYS.

MAY BE IT WILL BE BULLISH ONCE THE FOLLOWING DEMAND IS MET IN THE BUDGET. THEN 150 CAN BE EXPECTED.

There is a demand by major players to increase import duty on paper products, currently at 0 percent as per FTA . If it does, it would also provide benefit to this sector.

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