Name: Latest research reports of Greenlam Industries Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: Greenlam Industries Ltd.
Rating: 5
Author: Karvy

Greenlam Industries Ltd (Nov 15, 2015)

Buy: Greenlam Industries Ltd.

Karvy

Diversified product offerings & new variants to drive revenue growth: Indian laminates industry is worth Rs.42 Bn and Greenlam has a market share of 18% of organized laminates market. Indian Veneers industry size is worth Rs.8 Bn and Greenlam enjoys market share of 16% of organized veneers industry. There is a huge scope for Greenlam to gain market share over next two years with higher capacity utilization and penetration of new variants.