Rating agency India Ratings & Research Pvt Ltd has upgraded JK Paper’s long-term issuer rating to ‘IND A/Stable' from ‘IND A-/Positive’, and term-deposit rating to ‘IND tA+/Stable’ from ‘IND tA/Positive’. Shares of JK Paper closed at ₹112.40 on the BSE, down 0.84 per cent.

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