South India Paper share price down 2% on Aug 17, 2026

Snapshot: pre-open signals weakness

South India Paper Mills Ltd (South India Paper) was indicated lower in pre-opening data on 17 Aug 2026. The pre-open price was shown at ₹102.75, down ₹2.70 or 2.56% as of 03:57. Separately, a market feed also displayed a quote near ₹103.25 with a decline of ₹2.20 or 2.09% on BSE at 10:49 AM. Another reference point in the same data set mentioned the share price as ₹103.95 on 17 Aug 2026.

The numbers collectively point to a soft start for the day, even as intraday prints can differ by exchange, timestamp, and data source. The stock is associated with BSE code 516108 and NSE symbol SIPAPER, while some feeds in the same dataset also refer to the name “STHINPA”. The ISIN listed is INE088G01014.

Where the stock traded: key price prints across dates

The dataset contains multiple price points from different dates, useful for understanding recent trading levels. A snapshot for 22 May 2026 showed the stock at ₹91.00 (as of 13:16 IST). Another entry noted that as of 23 May 2026 the share price was ₹91.00 and opened at ₹91.03 versus a previous close of ₹91.02. A separate entry said that on 29 Dec 2025 the share price was ₹89, with the day’s range between ₹88.32 and ₹89.32.

The reported 52-week range in the data spans a low of ₹65.10 and a high of ₹120 (also shown as ₹120.75 in one instance and ₹114.00 in another snapshot for the prior 52 weeks). On 17 Aug 2026, “Today’s Low” was shown as ₹102 in one line, and another line also displayed ₹107 alongside it, indicating the figures were drawn from multiple widgets.

Market capitalisation: different reported figures

Market cap for South India Paper was shown with multiple values in the provided data. One line stated a market cap of ₹191.34 crore as of 17 Aug 2026. Another stated “Market Cap of South India Paper is ₹198 Crs,” and a further Q&A-style entry reported market capitalisation as ₹193.59375 crore based on the latest share price.

These differences typically arise due to varying timestamps, free float assumptions, rounding, or which price is used (last traded price versus another reference). For readers tracking the stock, the consistent takeaway from the dataset is that the company is valued in the sub-₹200 crore market-cap range at the time of these quotes.

What the company does

South India Paper Mills Limited was described as being engaged in the manufacture of Kraft Paper. Another company description in the dataset said it manufactures paper, paperboards, cartons and is also involved in power generation. The sector classification appearing in the data is “Paper & Paper Products” and “Paper & Forest Products”.

The company’s address was listed as Chikkayana Chatra, Nanjangud, Karnataka - 571302. Contact details in the dataset included telephone numbers 08221-228265 and 08221-228267, and an email address corporate@sipaper.com. The website shown was http://www.sipaper.com.

Trading indicators and order book cues in the feed

The pre-open segment also carried an order-book style snapshot. It showed a bid/ask of 0.00 / 102.45 at the time of capture, alongside total quantities displayed as 21,537 and 19,434 on the two sides of the book (as presented in the data). Such snapshots can be thin or incomplete during certain intervals, and the same feed also displayed rows with zero quantities at certain prices.

While the dataset included “BUY/SELL” labels, it did not include a specific recommendation rationale or any broker note. The clean factual point is that the pre-open print indicated a decline of about 2.5% versus the referenced base price in that widget.

Shareholding trends: promoters down over recent quarters

The data included a quarterly shareholding table for promoters across five quarters. Promoter holding was shown falling from 31.28% in Jun 2025 to 26.91% in Jun 2026. The same table listed small holdings for individuals including “ajay dineshchandra patel” at 1.66% across multiple quarters, and “aariya ajay patel” at 0.11% where shown.

Another investor-holdings snapshot in the dataset showed promoter holdings at 32.63%, foreign institutions at 0%, mutual funds at 0.01%, and retail investors at 66.98%. Because these are presented as separate widgets without a common date tag in the excerpt, they should be read as reported in their respective sections.

Performance and valuation metrics shown in the dataset

The dataset listed returns of +8.87% for 1 month, -5.93% for 1 year, -37.67% for 3 years, and +43.47% for 5 years (as of the referenced snapshot). It also showed a Price/Book (x) series including 0.75 for Mar 2025 and 0.62 for Mar 2024, with Book NAV per share at ₹112.63 for Mar 2025 and ₹117.57 for Mar 2024.

Dividend yield was shown as 0.00% in multiple places, while a dividend history table included entries such as a 10% dividend (₹1) with ex-date 29 Aug 2022 and a similar 10% dividend (₹1) with ex-date 30 Aug 2021. The excerpt also listed equity capital as 187.50 and face value as ₹10.

Key data table

Shareholding table (promoters)

Market impact: what these datapoints mean for investors

For short-term traders, the pre-open drop to ₹102.75 and the later quote near ₹103.25 indicated early selling pressure on 17 Aug 2026. The wide 52-week span between ₹65.10 and ₹120 (and a separate mention of ₹120.75) shows that the stock has moved through a broad range over the past year.

For longer-horizon investors, the dataset’s shareholding trend is a notable factual change: promoter holding was reported lower over recent quarters in the table provided. At the same time, retail ownership was shown as high at 66.98% in another holdings snapshot, with foreign institutional holding shown at 0% and mutual funds at 0.01% in that widget.

Analysis: connecting the dots without overreaching

The dataset presents South India Paper as a small-cap paper and packaging manufacturer, with market cap consistently shown around the ₹190-₹200 crore range. The trading data points, spread across different dates, place the stock in the ₹85-₹109 band in earlier snapshots, and around ₹103 on 17 Aug 2026.

The most concrete structural signal in the excerpt is the decline in promoter stake from 31.28% to 26.91% between Jun 2025 and Jun 2026, as shown in the quarterly table. Beyond that, the material provided does not include a specific trigger such as earnings, order wins, capacity changes, or regulatory developments for the day’s move, so the price action should be interpreted as market-driven based on the limited excerpt.

Conclusion

On 17 Aug 2026, South India Paper Mills shares were indicated lower in pre-open trade and later quotes also showed a decline around the ₹103 level. The dataset places the company’s market capitalisation broadly below ₹200 crore and highlights a recent reduction in promoter holding in the reported quarterly trend. Investors tracking the stock will likely watch subsequent exchange quotes and updates to shareholding and corporate disclosures for clearer drivers behind day-to-day moves.