New Delhi, Jan. 20 -- Banganga Paper Industries share price traded in the green in the morning session on Tuesday despite weak stock market sentiments. The small-cap gained nearly 1% in the early morning session, touching an intraday high of Rs.47.39 apiece.

However, the stock soon pared gains and slipped 1.51% to Rs.46.25 as the stock market sell-off gathered pace. It must be noted that there were no fresh fundamental triggers which led to the volatility in the small-cap stock today.

In an exchange filing dated 16 January, the company said that shareholders at an Extraordinary General Meeting held on 14 January approved an increase in authorised share capital, a change in the company's name, a shift in its registered office, amendments...