Just going back to old highs can give a massive return

Andhra Paper: Positive Momentum Building
Strong Session Performance:
Andhra Paper's stock witnessed a significant rise during today’s trading session, reflecting renewed investor interest.

Sector Outlook:
The overall sentiment within the paper industry appears positive, with improving fundamentals and technical indicators across key players.

Parent Company Strength:
A promising sign is that the parent company, West Coast Paper, is also displaying strength on the charts — lending confidence to Andhra Paper’s long-term prospects.

Negatives Already Priced In:
Most of the recent negatives — including the temporary plant closure, the illegal strike, and strained labour-management relations — now seem to be priced into the stock.

Fundamental and Technical Improvements:
With the introduction of new equipment and a more favourable business environment, supported by a stable political climate in the state, Andhra Paper is showing signs of fundamental improvement.
Technically as well, the prolonged downtrend — marked by several months of consecutive declines — appears to have ended, suggesting a potential reversal.