Greenply Industries jumps on getting nod for expansion of existing manufacturing unit at Behror

29 May 2013 Evaluate

Greenply Industries is currently trading at Rs. 445.00, up by 7.55 points or 1.73% from its previous closing of Rs. 437.45 on the BSE.

The scrip opened at Rs. 433.00 and has touched a high and low of Rs. 454.00 and Rs. 424.00 respectively. So far 16,048 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 463.65 on 10-Apr-2013 and a 52 week low of Rs. 180.30 on 03-Sep-2012.

Last one week high and low of the scrip stood at Rs. 439.95 and Rs. 390.00 respectively. The current market cap of the company is Rs. 1,074 crore.

The promoters holding in the company stood at 55.00% while Institutions and Non-Institutions held 13.48% and 31.52% respectively.

Greenply Industries has received an approval for expansion of the existing manufacturing unit of the Company at Behror, Rajasthan to manufacture new value added products viz. High-end Veneered Engineering Flooring and Pre-laminated Particle Board. The board of directors at its meeting held on May 29, 2013 has approved for the same.

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.

Greenply Industries Share Price

233.50 -3.80 (-1.60%)
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