The BSE Sensex was up 660.36 points, or 3.76%, to 18276.35. The market surged today after the market regulator Securities Exchange Board of India after trading hours on Monday, 22 October 2007, provided partial breather with respect to proposed restrictions on use of participatory notes and said it would speed up regulatory clearance for foreigners keen to invest transparently.

On BSE, 17,811 shares of the scrip were traded. The stock had an average daily volume of 20,444 shares on BSE in past one quarter.

The scrip had touched a high of Rs 272.30 and a low of Rs 246.30 so far during the day. The stock had hit a 52-week high of Rs 263 on 4 October 2007 and a 52-week low of Rs 89.55 on 13 December 2006.

The scrip had outperformed the market in the one month to 22 October 2007, adding 14.13% as against the Sensex's 6.34% gain. It had also outperformed the market in the past three months, gaining 23.51% against the Sensex's 11.52% rise.

The small-cap plywood & laminate maker has an equity capital of Rs 8.30 crore. Face value per share is Rs 5.

At the current price of Rs 250, the scrip trades at a PE multiple of 11.43, based on Q1 June 2007 annualised EPS of Rs 21.86.

reenply Industries’ net profit rose 135.36% to Rs 11.18 crore on 27.42% rise in sales to Rs 135.63 crore in Q2 September 2007 over Q2 September 2006.

Greenply Industries is a renowned player in the plywood and laminate industry in India.