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MDF CAPACITY
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsAs the stock market witnesses a recovery, what one should watch for is market breadth. Also, check which sectors are leading the rally. Why...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsThe spike in crude oil prices has again created trouble for the Nifty and Sensex, as it has done a number of times in the past two months. ...
Century Plyboards well-positioned for growth as MDF expansion and premium mix strengthen marginsIndia’s building products sector is stabilizing with stronger consumption, healthier pipelines, lower input volatility, and rising premiumi...
Reduce Greenpanel Industries, target price Rs 255: HDFC SecuritiesHDFC Securities downgraded Greenpanel Industries to a 'reduce' rating with a revised target price of Rs 255 due to weak Q3FY25 financials, ...
4 reasons analysts are bullish on Century Ply stockA stable housing market and pick-up in the private sector capex are expected to support demand in the second half of 2023-24.
Predominant share of Rs 12,000 crore revenue will come out of domestic sales: Keshav Bhajanka, CenturyPly“We are predominantly a luxury player in any case. We are the highest end of the pricing point in the entire spectrum. With the Manish Malh...
Fundamental Radar: 4 factors that will drive value creation for Greenpanel Industries, Vikram Kasat explainsGreenpanel Industries is one such company as the wood products maker saw a decline in revenue as well as a significant deterioration in pro...
Century Ply lines up Rs 900 crore capex for capacity expansionThe company will be investing Rs 543 crore by the end of FY24 towards a greenfield MDF plant in Andhra Pradesh. The company has already inv...
Fibreboard import levies to boost Century, GreenpanelRushil Decore got around 45 per cent of its revenue in the first nine months of FY21 from MDF. The company will commercialise its 240,000 c...
MDF is a versatile and futuristic wood panel product says Mr. Vishwanathan Venkatramani, CFO, Greenpanel
CenturyPly Q3 results: Net profit jumps; company to pump in Rs 200 cr to expand MDF capacity"After the COVID-19 pandemic, demand for furniture has jumped sharply. MDF requirement is also robust. The existing operating capacity of t...
- CenturyPly shelves JV with Chinese door maker Goldea
The Kolkata-based company has ventured into the business alone and has doubled its door manufacturing capacity.
CenturyPly forms JV with Chinese company to produce doors, frames"By 2022, the doors and frames market will be about Rs 40,000 crore. Currently there are no organised players in this segment," said Keshav...
We have seen improvement coming back in the plywood division: V Venkataramani, Greenply Industries"While we are still not very confident on top line growth over the next few quarters but we see a strong recovery happening from the fourth...
Stock pick of the week: Find out what makes analysts bullish on Century PlyboardsTo make the most of present growth opportunities, Century Plyboards has increased its capacity-plywood and laminate-in the last two years.
- Greenply Industries Q1 earnings: Growth intact
Capacity expansion of laminates, higher utilisation of MDF capacity and increased realizations per unit boosted the June quarter revenues f...
- MDF manufacturing in India will be a trigger for Greenply stock: Aviral Gupta, Indian Equities
Aviral Gupta, Fund Manager, Indian Equities, in a chat with ET Now talks about Greenply.
- Greenply to set medium density fibre plant for Rs 250 cr
Plywood and laminate products maker Greenply Industries is venturing into the medium density fibre market and plans to set up a 1.80 lakh c...
- Govt opens anti-dumping probe on fibre boards
The government has initiated an anti-dumping investigation into import of fibre boards from China, Malaysia, New Zealand, Sri Lanka and Tha...
- Four Bajaj Hindusthan sugar mills to go on-stream soon
Sugar major Bajaj Hindusthan said four of its sugar mills with a combined crushing capacity of 41,000 tonnes per day (TPD) will get operati...