Magnum Ventures Limited (MAGNUM.NS)
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 $19.03, down 2.41% 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, an Indian enterprise founded in 1980 and headquartered in Ghaziabad, operates a dual business model encompassing both paper production and distribution, alongside hotel management. Its paper division manufactures and trades a comprehensive array of paper products within India, including newsprint, various grades of printing and writing papers, photocopier paper, wrapping and packing materials, and duplex boards. These diverse offerings find application across numerous sectors, notably in newspaper publishing, fine art, general packaging, and specialized graphic printing for items such as book and magazine covers or postcards. Complementing its paper operations, Magnum Ventures also owns and manages a five-star hotel in Sahibabad, Delhi, operating under the Country Inn and Suites by Radisson franchise. This hospitality asset boasts 216 guest rooms, featuring standard, superior, and club room options, as well as six executive suites, alongside eleven dedicated banquet facilities. The company was formerly known as Magnum Papers Limited.
Magnum Ventures Limited is most often compared with the following Basic Materials names: