SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Greenpanel Industries zooms after its board approves capital expenditure projects at MDF plants

31 Dec 2020 Evaluate

Greenpanel Industries is currently trading at Rs. 126.60, up by 4.55 points or 3.73% from its previous closing of Rs. 122.05 on the BSE.

The scrip opened at Rs. 122.10 and has touched a high and low of Rs. 128.15 and Rs. 122.10 respectively. So far 16171 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 128.15 on 31-Dec-2020 and a 52 week low of Rs. 23.80 on 20-May-2020.

Last one week high and low of the scrip stood at Rs. 128.15 and Rs. 114.00 respectively. The current market cap of the company is Rs. 1546.33 crore.

The promoters holding in the company stood at 53.10%, while Institutions and Non-Institutions held 29.29% and 17.62% respectively.

Greenpanel Industries’ board has approved the capital expenditure projects at its MDF Plants situated at Rudrapur (Uttarakhand) and Chittoor (Andhra Pradesh) to enhance the productivity and efficiency and to generate Solar Power. The installation of Wax Emulsion System will cost Rs 26 crore and the installation of Mat Heating System will cost Rs 29 crore. The capital expenditure shall be funded through a mix of internal accruals and debts. The Board of Directors of the Company, at its meeting held on December 30, 2020 has approved the same.

Greenpanel Industries, previously known as Green Panelmax, is the largest producer of MDF in the country. It is India's largest manufacturer of wood panels.

Greenpanel Inds. Share Price

225.70 -3.70 (-1.61%)
08-May-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×