Wednesday 20 January 2016

Greenply Industries tumbles 3%

The company recorded a rise of 35% in its net profit at Rs. 35.3 crore for the quarter ended December 31, 2015 as compared to Rs. 26.1 crore for the quarter ended December 31, 2014.


Greenply Industries Ltd stock was down by 3% at Rs. 172.  The company recorded a rise of 35% in its net profit at Rs. 35.3 crore for the quarter ended December 31, 2015 as compared to Rs. 26.1 crore for the quarter ended December 31, 2014. 

The company's total income has increased by 7.29% at Rs.422 crore for the quarter against Rs.393.3 crore in the corresponding quarter of the previous year.

The scrip opened at Rs. 178 and has touched a high and low of Rs. 178.35 and Rs. 171.05 respectively. So far 19854(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2140.9 crore.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 225.9 on 25-May-2015 and a 52 week low of Rs. 152 on 18-Jan-2016. Last one week high and low of the scrip stood at Rs. 195.5 and Rs. 152 respectively.

The promoters holding in the company stood at 55 % while Institutions and Non-Institutions held 23.29 % and 21.71 % respectively.

The stock is currently trading above its 200 DMA.

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