The entire sector is out of fancy now , I don’t think so these guys can outperform the sector. This company is puzzle to me as well, it never participated in the last paper rally. Promoters are very conservative in nature at the same time I don’t see their willingness to share wealth with share holders, they just announced very very nominal dividend. When companies in cyclical sectores are going through up cycles, good ones always reward share holders (JK paper did buy back, not like to like comparision but check Goldiam such a small company but always reward share holders).
Happy to hear your views.
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