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03-Aug2017

Greenply Industries declines on reporting 10% fall in Q1 net profit

Greenply Industries is currently trading at Rs. 265.95, down by 1.70 points or 0.64% from its previous closing of Rs. 267.65 on the BSE.

The scrip opened at Rs. 270.90 and has touched a high and low of Rs. 270.90 and Rs. 261.50 respectively. So far 1718 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 309.00 on 06-Mar-2017 and a 52 week low of Rs. 236.50 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 277.50 and Rs. 261.50 respectively. The current market cap of the company is Rs. 3238.59 crore.

The promoters holding in the company stood at 51.03%, while institutions and non-institutions held 32.25% and 16.72% respectively.

Greenply Industries has reported 10.20% fall in its net profit at Rs 30.63 crore for the quarter ended June 30, 2017, as compared to Rs 34.11 crore for the same quarter in the previous year. Total income of the company decreased by 4.92% at Rs 422.14 crore for Q1FY18 as compared Rs 444.00 crore for the corresponding quarter previous year.

Greenply Industries is engaged in manufacturing of plywood, laminates, decorative veneers, particle boards and prelam particle boards/MDF.


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