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.
Automation to drive higher growth rate for India's MDF industry -Greenpanel CFOIndia's furniture industry will experience significant changes with the entry of organized domestic and international players and the adopt...
Century Plyboards eyes 20-25pc revenue growth this fiscal from Rs 3,050cr in FY22In an interview with PTI, Century Plyboards (India) Ltd Executive Director Keshav Bhajanka said the demand for all of its products is stron...
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...
Odisha approves investment projects worth Rs 464.72 croreOdisha has approved investment projects worth Rs 1,19,214.72 crore since February.
- Buy Century Plyboards (India), target Rs 400: Angel Broking
Buy Century Plyboards (India) Ltd. at a price target of Rs 400.0 .
Can clock in 15 percent growth from October onwards: Sanjay Agarwal, Century PlyboardSanjay Agarwal, MD & CEO, Century Plyboard, says that the results of market share gains will take time to reflect.
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...
Laminate, plywood stocks rally on hope of GST boostIt is anticipated that GST would ensure organised players have an edge over unorganised manufacturers of ply and laminates.
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...
- Greenply June qtr net profit 5pc down at Rs 10.4 crore
Plywood maker Greenply Industries today posted a five per cent decline in the net profit to Rs 10.4 crore for the quarter ended June 30, 20...
- 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...