NSE: GREENPLY | BSE: 526797

Falling Comet

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278.80 -1.15 (-0.41%)

32.32% Fall from 52W High

65,537 NSE+BSE Volume

NSE 09 Apr, 2025 3:31 PM (IST)

3,481.5

Market Cap

Market Runner Up

1.3

Beta 1Year

Very High Volatility

Greenply Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for GREENPLY, BSE:526797 Greenply Industries Ltd.

Greenply Industries Ltd.

26 Feb 2024

278.80

-0.41%

Greenply Industries

Buy: Greenply Industries Ltd.

Recommendation Target

ICICI Direct

Greenply Industries .. has an average target of 388.00 from 4 brokers.

Greenply Industries Ltd.

05 Feb 2024

278.80

-0.41%

First Light | Godrej Consumer Products, Jindal Steel & Power, ACC, Bonds Wrap, Currency Outlook, V-Guard Industries, Orient Electric, Somany Ceramics, Greenply Industries, Shree Cement

Buy: Greenply Industries Ltd.

Target

BOB Capital Markets Ltd.

GCPL: Consistent volume growth; cut to HOLD post rally. JSP: Valuations overdone; downgrade to HOLD. ACC: Strong margins; cut to HOLD on full valuations. Bonds Wrap: Fortnightly review. Currency Outlook: Fortnightly forex review. VGRD: In-line quarter. ORIENTEL: Slow quarter; Hyderabad plant to spur growth. SOMC: Lacklustre demand dulls performance. MTLM: Strong performance on fast ramp-up of MDF plant. SRCM: Healthy quarter, expensive valuations

Greenply Industries Ltd. is trading above its 30 day SMA of 277.5

Greenply Industries Ltd.

02 Feb 2024

278.80

-0.41%

Greenply Industries | Q3FY24 Result Review

Hold: Greenply Industries Ltd.

Recommendation Target

IDBI Capital

Greenply Industries Ltd. has lost -25.33% in the last 6 Months

Greenply Industries Ltd.

26 Jul 2023

278.80

-0.41%

Muted quarter; MDF performance holds the key for future

Buy: Greenply Industries Ltd.

Target

ICICI Securities Limited

Greenply Industries (MTLM) reported consolidated revenue growth of 5.0% YoY in Q1FY24, with India plywood business growing 4.4% YoY while plywood volume grew 1.6% YoY (4-year CAGR of 4.7%) and realisation was up 2.9% YoY. Consolidated EBITDA margin contracted 258bps YoY to 6.3% due to EBITDA loss of INR 73mn in MDF segment (which commenced operations in May’23), while India plywood EBITDA margin was flat YoY (due to higher A&P spend despite gross margin expansion of 320bps YoY).

Greenply Industries Ltd. is trading above its 30 day SMA of 277.5

Greenply Industries Ltd.

01 Jun 2023

278.80

-0.41%

Plywood business on steady growth path, MDF ramp-up holds the key

Buy: Greenply Industries Ltd.

Target

ICICI Securities Limited

Greenply Industries (MTLM) reported consolidated revenue growth of 4.6% YoY (4-year CAGR 4.6%) in Q4FY23, with India plywood business (including Sandila subsidiary) growing at 3.1% YoY while plywood volumes were flat YoY (4-year CAGR of 2.2%).

Greenply Industries .. has an average target of 388.00 from 4 brokers.

Greenply Industries Ltd.

06 Mar 2023

278.80

-0.41%

Greenply Industries: Initiating Coverage

Buy: Greenply Industries Ltd.

IDBI Capital

Greenply Industries .. has an average target of 388.00 from 4 brokers.

Greenply Industries Ltd.

15 Feb 2023

278.80

-0.41%

Greenply Industries

Hold: Greenply Industries Ltd.

Target

ICICI Direct

Greenply Industries .. has an average target of 388.00 from 4 brokers.

Greenply Industries Ltd.

14 Feb 2023

278.80

-0.41%

Lacklustre quarter; near-term challenges to persist

Buy: Greenply Industries Ltd.

Target

ICICI Securities Limited

Greenply Industries (MTLM) reported a tepid consolidated revenue growth of 1.7% YoY (3-year CAGR 7.4%) in Q3FY23, on a high base, with India plywood business (standalone & Sandila) growing at 8.7% YoY, while plywood volume was flat YoY (3- year CAGR of 3.7%). Consolidated operating margin declined 257bps YoY to 7.6%, as India plywood operating margin contracted ~90bps YoY and Gabon operations margin declined ~880bps YoY (due to slowdown in European demand) resulting in EBITDA/PBT decline of 24%/45.6% YoY.