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Greenply Industries trades jubilantly on getting nod to raise Rs 275 crore

25 May 2016 Evaluate

Greenply Industries is currently trading at Rs. 210.45, up by 12.90 points or 6.53% from its previous closing of Rs. 197.55 on the BSE.

The scrip opened at Rs. 196.85 and has touched a high and low of Rs. 216.65 and Rs. 195.40 respectively. So far 648925 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 234.80 on 12-May-2016 and a 52 week low of Rs. 152.00 on 18-Jan-2016.

Last one week high and low of the scrip stood at Rs. 216.65 and Rs. 195.00 respectively. The current market cap of the company is Rs. 2554.84 crore.

The promoters holding in the company stood at 55.00% while Institutions and Non-Institutions held 23.58% and 21.42% respectively.

Greenply Industries has received its board’s approval to raise Rs 275 crore. The company will raise Rs 175 crore via debt and another Rs 100 crore through qualified institutional placement. The board has also given its go-ahead for setting up of a veneer, lumber and panel product manufacturing unit in Gabon, Africa.

Greenply Industries is engaged in manufacturing of plywood, laminates, decorative veneers, particle boards and prelam particle boards/MDF.

 

Greenply Industries Share Price

234.45 3.80 (1.65%)
17-Apr-2026 16:59 View Price Chart
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