257.6000 -0.64 (-0.25%)
NSE Jul 01, 2026 09:58 AM
Volume: 2,950
 

257.60
-0.25%
ICICI Direct
Capex completion expands addressable market; sets the stage for strong medium-term growth trajectory: The company has completed greenfield expansion for plywood and chipboard categories along with brownfield expansion for the laminate, incurring total ~1,450 crore capex over the last three years, apart from recently announced 2 Mn MSM addition (~70 crore capex) in Laminates by FY27 end. This has expanded its addressable market (largely plywood led) to ~ 49,000 crore vs. 11,000 crore in FY22. It expects the overall revenues to reach 4,500 crore...
Greenlam Industries .. has an average target of 301.00 from 4 brokers.
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