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Greenlam Industries shines as its arm gets nod to set up manufacturing facility in Andhra Pradesh

30 Jan 2020 Evaluate

Greenlam Industries is currently trading at Rs. 1013.95, up by 64.85 points or 6.83% from its previous closing of Rs. 949.10 on the BSE.

The scrip opened at Rs. 1019.95 and has touched a high and low of Rs. 1028.05 and Rs. 1009.75 respectively. So far 37 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 1054.90 on 09-Apr-2019 and a 52 week low of Rs. 630.20 on 19-Feb-2019.

Last one week high and low of the scrip stood at Rs. 1028.05 and Rs. 907.05 respectively. The current market cap of the company is Rs. 2297.90 crore.

The promoters holding in the company stood at 54.90%, while Institutions and Non-Institutions held 18.41% and 26.70% respectively.

Greenlam Industries’ wholly owned subsidiary -- Greenlam South (GSL) has received Board of Directors’ approval to set up a manufacturing facility at Naidupeta, Nellore in the state of Andhra Pradesh for manufacturing of Laminates and allied products. GSL has been provisionally allotted by Andhra Pradesh Industrial Infrastructural Corporation (APIIC), land admeasuring 65 acres around in Naidupeta, Nellore, Andhra Pradesh.

The Proposed capacity addition by GSL is 1.50 million laminate sheets/boards per annum. The investment required to set up the Laminate and allied products plant is Rs 175 crore.

Greenlam Industries is one of the leading laminate manufacturers and Asian market leader in decorative laminates. It is a decorative Laminates manufacturer which ensures superior design, quality and systems.

Greenlam Industries Share Price

224.30 2.25 (1.01%)
17-Apr-2026 16:59 View Price Chart
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