Greenply Industries is currently trading at Rs. 860.00, up by 5.00 points or 0.58% from its previous closing of Rs. 855.00 on the BSE.
The scrip opened at Rs. 860.00 and has touched a high and low of Rs. 860.00 and Rs. 860.00 respectively. So far 10 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 1276.80 on 07-Nov-2014 and a 52 week low of Rs. 595.00 on 23-Jun-2014.
Last one week high and low of the scrip stood at Rs. 910.00 and Rs. 821.00 respectively. The current market cap of the company is Rs. 2075.73 crore.
The promoters holding in the company stood at 55.00%, while Institutions and Non-Institutions held 20.15% and 24.85% respectively.
Greenply Industries is planning to set-up a greenfield unit for manufacturing medium density fibreboards in Chittoor district of Andhra Pradesh (AP). The plant would have a capacity of producing 3 to 3.6 lakh cubic metres MDF a year.
In this regards, the company has acquired 106 acres 45 km off Tirupati. It is now in the process of placing orders for the machinery. The company is expecting to start the construction work as well installation of machinery within a year from now.
Further, the company is planning to raise fresh debt of around Rs 300 crore for the project. The company is planning to fund half of the project cost through fresh debt.
Greenply Industries is engaged in manufacturing of plywood, laminates, decorative veneers, particle boards and prelam particle boards/MDF.
| Company Name | CMP |
|---|---|
| Century Plyboards(I) | 761.40 |
| Greenply Industries | 234.45 |
| Greenpanel Inds. | 214.55 |
| Archidply Inds | 78.25 |
| Duroply Industries | 150.00 |
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