The stock has a PE of 7x and an ROE of 25 per cent with multibagger returns of of 391.25 per cent in the last 3 years.

JK Paper (NSE Code: JKPAPER) is the leading paper producer of office papers, coated papers and packaging boards. The company has a robust distribution network and aims to reduce the turnaround time in servicing customers.

Are you looking for stocks to trade today? Check out this article that lists stocks experiencing a solid positive breakout despite weakness in the markets.

On Monday, the domestic equity markets commenced the week on a positive note and ended with gains of nearly one per cent. Supportive global cues coupled with buying across sectors pushed the benchmarks to end higher. 

At 10 am on Thursday, the core equity indices i.e., Sensex & Nifty 50 were trading higher, owing to strong global cues from the US markets and a reduction in the 10-year treasury yield. Major companies like HCL Technologies, CRISIL, L&T Technology Services, Cyient, ICICI Lombard General Insurance, Nestle India, and Tata Communications are set to announce their Q4 results today.  

On Tuesday, the equity markets lowered their momentum as new financial and trade sanctions were imposed on Russia coupled with the suspension of gas imports. 

Going ahead, the stock selection is going to be of paramount importance and hence, we have chalked down a list of stocks that are likely to outperform.  Here is the list of stocks    

On Friday, the domestic benchmark indices remained range-bound due to cautiousness on the back of rising cost pressures on corporates, increase in global inflation globally and sluggish automobile dispatches to dealers due to supply constraints. 

Interestingly, Nifty oscillated in the range of just 92 points, which is the lowest daily range in the last seven trading sessions. As a result, it has led to the formation of the NR7 bar.