Support and Resistance Levels
Past performance
About Shreyans Industries Ltd Shreyans Industries Ltd, established in 1979, is a prominent player in the paper manufacturing sector, originally incorporated as Shreyans Paper Mills Ltd. Based in Punjab, the company operates two primary units in Ahmedgarh and Banah, with a significant installed capacity of 37,000 metric tons per annum for writing and printing paper, utilizing agro-based raw materials. The company has a rich history of modernization and expansion, including the successful integration of a second-hand paper machine from Belgium in 1982, and continuous upgrades to maintain a competitive edge.
In addition to paper manufacturing, Shreyans ventured into cotton spinning with 25,000 spindles, achieving Export House status by 1994-95. Noteworthy is its strategic acquisition of the paper division from Zenith, enhancing its turnover. The company has invested in sustainable practices with chemical recovery plants and captive power generation facilities, optimizing chemical use and effluent discharge standards. The company's ongoing commitment to modernization is evident with the commissioning of an 8 MW power turbine in 2021-22, enhancing its power generation efficiency.