|
04 Apr 2025 |
Greenpanel Industries
|
Consensus Share Price Target
|
221.50 |
387.61 |
- |
74.99 |
hold
|
|
|
|
|
26 May 2021
|
Greenpanel Industries
|
BOB Capital Markets Ltd.
|
221.50
|
295.00
|
259.35
(-14.59%)
|
Target met |
Buy
|
|
|
We present key takeaways from our interaction with the management of Greenpanel Industries (GREENP).
|
|
01 Mar 2021
|
Greenpanel Industries
|
BOB Capital Markets Ltd.
|
221.50
|
235.00
|
179.90
(23.12%)
|
Target met |
Buy
|
|
|
Domestic MDF demand remains strong in Q4FY21 backed by higher purchases of readymade furniture, a shift away from low-end plywood and continued slowdown in imports (25-30% of the total market).
|
|
04 Jan 2021
|
Greenpanel Industries
|
BOB Capital Markets Ltd.
|
221.50
|
165.00
|
128.90
(71.84%)
|
Target met |
Buy
|
|
|
Demand for MDF has bettered expectations since unlocking of the economy in Q3FY21 as the pandemic has boosted consumption of readymade furniture.
|
|
27 Nov 2020
|
Greenpanel Industries
|
BOB Capital Markets Ltd.
|
221.50
|
95.00
|
85.35
(159.52%)
|
Target met |
Buy
|
|
|
Key takeaways from our interaction with the management of Greenpanel Industries (GREENP).
|
|
18 Feb 2020
|
Greenpanel Industries
|
BOB Capital Markets Ltd.
|
221.50
|
64.00
|
53.30
(315.57%)
|
Target met |
Buy
|
|
|
Key takeaways from our roadshow with the management of Greenpanel Industries (GREENP).
|
|
16 Jan 2020
|
Greenpanel Industries
|
BOB Capital Markets Ltd.
|
221.50
|
58.00
|
49.05
(351.58%)
|
Target met |
Buy
|
|
|
Our interactions with dealers and industry participants suggest that demand for MDF remains strong.
|
|
07 Nov 2019
|
Greenpanel Industries
|
BOB Capital Markets Ltd.
|
221.50
|
48.00
|
35.00
(532.86%)
|
Target met |
Buy
|
|
|
Greenpanel Industries (GREENP), the newly demerged entity of Greenply Industries, reported consolidated revenue growth of 44% YoY in Q2FY20 aided by a 53%/40% upswing in the plywood/MDF segments.
|