Greenply Industries Ltd.

NSE: GREENPLY | BSE: 526797 | ISIN: INE461C01038 | Industry: Forest Products
| Mid-range Performer

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Greenply Industries Ltd.
08 Feb 2018, 12:00AM
286.75
-3.09%
ICICI Securities Limited
Plywood volumes grew strongly by 13.1% to 12.4 MSM (million square metre) (our estimate: 12.7 MSM) while MDF volumes grew 16.0% to 43790 CBM (cubic metre) (our estimate: 43639 CBM) EBITDA margins expanded robustly by 190 bps YoY to 15.7% (our estimate: 15.0%) led by expansion in MDF margins by 1360 bps YoY to 33.9% due to currency gains of | 8.2 crore at Andhra MDF facility Net profit zoomed 1.5x YoY to | 36.1 crore and was largely in-line...
Greenply Industries Ltd. is trading at high day volume of 180.1K.
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