224.3200 -2.68 (-1.18%)
NSE Sep 25, 2026 15:31 PM
Volume: 82,357
 

224.32
-1.18%
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 295.00 from 2 brokers.
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