New Delhi, Aug. 26 -- JK Paper, Andhra Paper, Tamil Nadu Newsprint and Papers, and West Coast Paper Mills were among the paper stocks that fell between 3% and 7% in Tuesday's intraday trade on August 26, as sentiment turned negative following a sharp rally in Monday's session, triggered by data showing a steep rise in paper and paperboard imports during the June quarter.

Coral Newsprints shares slumped 7% to Rs.10.7 apiece, while West Coast Paper Mills dropped 5% to Rs.219.5. JK Paper, Tamil Nadu Newsprint and Papers, Andhra Paper, Orient Paper, and South India Paper also declined between 3% and 5%.

According to data from the commerce ministry, highlighted by the Indian Paper Manufacturers Association (IPMA), imports of paper and paperb...