Greenply Industries touches 52-week high on posting 2-fold rise in Q3 net profit

23 Jan 2013

Greenply Industries is currently trading at Rs 436.00, up by 8.05 points or 1.88% from its previous closing of Rs 427.95 on the BSE.

The scrip opened at Rs 428.95 and has touched a high and low of Rs 448.65 and Rs 422.60 respectively. So far 32024 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs 448.65 on 23-Jan-2013 and a 52 week low of Rs. 172.65 on 25-Jan-2012.

Last one week high and low of the scrip stood at Rs 434.05 and Rs 377.55 respectively. The current market cap of the company is Rs 1054.76 crore.

The promoters holding in the company stood at 55.00% while Institutions and Non-Institutions held 10.62 % and 34.38% respectively.

Greenply Industries Enterprises has reported results for third quarter ended December 31, 2012.

The company has posted about 2-fold growth its net profit at Rs 29.37 crore for the quarter as compared to Rs 14.09 crore for the same quarter in the previous year. Total income of the company has increased by 21.86% at Rs 510.18 crore for quarter under review as compared to Rs 418.65 crore for the quarter ended December 31, 2011.

Greenply Industries is engaged in manufacturing of plywood, laminates, decorative veneers, particle boards and prelam particle boards/MDF. The company has 28 branches across India with a strong dealer/distributor/sub-dealer/retailer network of over 9600 and a presence in over 300 cities.

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Greenply Industries Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719