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Century Plyboards rises on incorporating wholly owned subsidiary

16 Jan 2019

Century Plyboards (India) is currently trading at Rs. 181.05, up by 0.15 points or 0.08% from its previous closing of Rs. 180.90 on the BSE.

The scrip opened at Rs. 182.45 and has touched a high and low of Rs. 183.00 and Rs. 181.05 respectively. So far 239 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 364.10 on 09-Apr-2018 and a 52 week low of Rs. 150.10 on 05-Oct-2018.

Last one week high and low of the scrip stood at Rs. 188.15 and Rs. 174.00 respectively. The current market cap of the company is Rs. 4019.11 crore.

The promoters holding in the company stood at 72.68%, while Institutions and Non-Institutions held 14.89% and 12.43% respectively.

Century Plyboards has incorporated a wholly owned subsidiary by the name Century Gabon SUARL in Gabon, South Africa on January 10, 2019. The said subsidiary has been incorporated with the object of manufacturing and trading in timber, veneer, plywood and other wood based products.

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.

Related Century Plyboards (India) Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323