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Century Plyboards soars on plan of investing Rs 282 crore for projects expansion

12 Jun 2017 Evaluate

Century Plyboards (India) is currently trading at Rs. 306.70, up by 7.00 points or 2.34% from its previous closing of Rs. 299.70 on the BSE.

The scrip opened at Rs. 302.10 and has touched a high and low of Rs. 310.00 and Rs. 299.45 respectively. So far 42443 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 310.00 on 12-Jun-2017 and a 52 week low of Rs. 154.50 on 22-Dec-2016.

Last one week high and low of the scrip stood at Rs. 310.00 and Rs. 275.85 respectively. The current market cap of the company is Rs. 6820.71 crore.

The promoters holding in the company stood at 72.00%, while institutions and non-institutions held 16.81% and 11.20% respectively.

Century Plyboards (India) has chalked out Capex plan of Rs 282 crore in next two years for its various expansion projects. The company is investing Rs 222.63 crore in the current fiscal and remaining Rs 60 crore in FY19. It had drawn up Rs 751 crore capex plan, of which it had already spent Rs 154.63 crore in FY16 and Rs 313.92 crore in FY17.

Century Plyboards is largest seller of plywood and decorative veneers in the Indian organized plywood market. The manufacturing facility of company is located at Bishnupur near Joka, Kolkata.

Century Plyboards(I) Share Price

727.15 -8.00 (-1.09%)
13-Apr-2026 16:59 View Price Chart
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