This multibagger paper stock hits 20% upper circuit after net profit jumps 512% in Q1

Emami Paper Mills shares hit a 20 percent upper circuit and a 10-month high of around Rs 118.63 after reporting a massive 512 percent year-on-year surge in consolidated net profit to Rs 38.61 crore for Q1FY27. Revenue from operations rose 22 percent YoY to Rs 560 crore, while EBITDA more than doubled to Rs 83 crore with margin expanding 660 basis points to 14.82 percent. The stock has surged 116 percent from its March low, regaining multibagger status with year-to-date gains of 36 percent.