ANDHRAPAPNSEANDHRA PAPER LIMITEDHighPositive
Announced Wed, 15 Jul · 20:04 IST

AP Paper: Partial ops resume at Kadiam unit, one paper machine restarted at 150 MT per day

Plant RestartedCapex & Operations View source PDF

ANDHRAPAP · price

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Price reaction · full curve 14 horizons · vs prior close
-2.1%1-day move
₹62.10
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.1-1.7-3.1-3.7+0.3+0.7
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AI summary

Andhra Paper's Kadiam unit partially resumed manufacturing on July 15, 2026. One paper machine with 150 MT per day capacity restarted, accounting for about 70 percent of the unit's production. Permanent employees have resumed duty, but contract workmen attendance stays low at around 35 percent of normal strength. Earlier, post revocation of a lockout, contract workmen had refused to resume work over demands on contract terms. The company expects full operations to return as attendance normalises.

Likely market impact

Partial restart is positive for revenue recovery, but full normalisation depends on contract workmen attendance returning to normal levels.