|
22 Sep 2025 |
Greenpanel Industries
|
Consensus Share Price Target
|
301.80 |
308.13 |
- |
2.10 |
buy
|
|
|
|
|
26 Sep 2022
|
Greenpanel Industries
|
ICICI Securities Limited
|
301.80
|
662.00
|
428.15
(-29.51%)
|
|
Buy
|
|
|
Our positive stance on Greenpanel Industries (GREENP) stands bolstered post our interactions with dealers and industry participants indicating MDF demand remains healthy and continues to grow in double digits YoY (in the ongoing quarter too) despite a YoY strong base.
|
|
08 Sep 2022
|
Greenpanel Industries
|
BOB Capital Markets Ltd.
|
301.80
|
595.00
|
436.00
(-30.78%)
|
|
Buy
|
|
|
Plans to expand MDF capacity by adding 231,000cbm at a capex of Rs 6bn, for commercial production in Q2FY25
|
|
09 Jun 2022
|
Greenpanel Industries
|
BOB Capital Markets Ltd.
|
301.80
|
595.00
|
475.25
(-36.50%)
|
|
Buy
|
|
|
Well placed to capitalise on near-term MDF demand traction, with strong guidance of 15-18%/15% volume growth in FY23/FY24
|
|
04 Mar 2022
|
Greenpanel Industries
|
BOB Capital Markets Ltd.
|
301.80
|
595.00
|
472.30
(-36.10%)
|
Target met |
Buy
|
|
|
GREENP well placed to capitalise on near-term MDF opportunity with management guiding for 15% volume growth in FY23E
|
|
28 Jul 2021
|
Greenpanel Industries
|
BOB Capital Markets Ltd.
|
301.80
|
315.00
|
252.60
(19.48%)
|
Target met |
Buy
|
|
|
Q1 consolidated revenue growth robust at 242% YoY with 272%/132% rebound in MDF/plywood segments off a soft base
|
|
26 May 2021
|
Greenpanel Industries
|
BOB Capital Markets Ltd.
|
301.80
|
295.00
|
259.35
(16.37%)
|
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.
|
301.80
|
235.00
|
179.90
(67.76%)
|
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.
|
301.80
|
165.00
|
128.90
(134.13%)
|
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.
|
301.80
|
95.00
|
85.35
(253.60%)
|
Target met |
Buy
|
|
|
Key takeaways from our interaction with the management of Greenpanel Industries (GREENP).
|
|
18 Feb 2020
|
Greenpanel Industries
|
BOB Capital Markets Ltd.
|
301.80
|
64.00
|
53.30
(466.23%)
|
Target met |
Buy
|
|
|
Key takeaways from our roadshow with the management of Greenpanel Industries (GREENP).
|