The Paper & Pulp processing stocks are highly cyclical and their growth is correlated with GDP. There is a demand of more than 6 Million tonnes anually. The Indian industry supplies around 4.5 Million tonnes and the remaining being imported as per recent Forbes report. Capacity addition is going on across the sector. With Indian GDP growing above 9 %, Tamilnadu Papers & Newsprint Limited (TNPL), JK Paper, and Andhra Pradesh Paper Mills are best stocks in this GDP driven sector.
Monday 10 September 2007
Paper & Pulp Processing Stocks
The Paper & Pulp processing stocks are highly cyclical and their growth is correlated with GDP. There is a demand of more than 6 Million tonnes anually. The Indian industry supplies around 4.5 Million tonnes and the remaining being imported as per recent Forbes report. Capacity addition is going on across the sector. With Indian GDP growing above 9 %, Tamilnadu Papers & Newsprint Limited (TNPL), JK Paper, and Andhra Pradesh Paper Mills are best stocks in this GDP driven sector.
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