247.9000 -5.20 (-2.05%)
NSE Nov 21, 2025 15:42 PM
Volume: 25,007
 

247.90
-2.05%
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 Ltd. is trading below its 30 day SMA of 260.0
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