Magnum Ventures Limited (MAGNUM.BO)
Magnum Ventures Limited operates in the Paper, Lumber & Forest Products industry of the Basic Materials sector, headquartered in Ghaziabad, UP, IN. The stock last traded at $19.13, down 3.77% on the session, giving a market capitalisation of $1.30B. Its beta of 0.38 implies it has historically moved less than the broad market.
Magnum Ventures Limited, headquartered in Ghaziabad, India, operates a dual-faceted business model encompassing both paper manufacturing and hospitality services. Established in 1980, the company, which formally adopted its current name in November 2006 after previously being known as Magnum Papers Limited, focuses its paper division on the production and sale of diverse paper products across India. Its offerings include newsprint, various printing papers, and specialized boards like grey, duplex, N.S., and kraft. These materials are widely utilized in publishing (newspapers, book/magazine covers), fine arts, and packaging, as well as general graphic printing applications, such as postcards. Complementing its industrial operations, Magnum Ventures also runs a five-star hotel under the prestigious Country Inn and Suites by Radisson brand, providing a selection of standard, superior, and club rooms, in addition to executive suites and extensive banquet halls.
Magnum Ventures Limited is most often compared with the following Basic Materials names: