Hot Pursuit     24-Sep-15
Greenply Industries gains as CARE upgrades credit ratings
Greenply Industries gained 4.17% to Rs 900.20 at 15:15 IST on BSE after credit ratings firm CARE upgraded long and short term credit ratings of the company.

The announcement was made during trading hours today, 24 September 2015.

Meanwhile, the S&P BSE Sensex was up 38.50 points or 0.15% at 25,861.49

On BSE, so far 284 shares were traded in the counter as against average daily volume of 9,584 shares in the past one quarter.

The stock hit a high of Rs 920 and a low of Rs 875 so far during the day. The stock had hit a 52-week low of Rs 699 on 17 December 2014. The stock had hit a record high of Rs 1,276.80 on 7 November 2014.

The stock had underperformed the market over the past one month till 23 September 2015, falling 8.06% compared with Sensex's 5.64% fall. The stock, however, outperformed the market in past one quarter, rising 1.31% as against Sensex's 7.13% fall.

The small-cap company has equity of Rs 12.07 crore. Face value per share is Rs 5.

Credit ratings firm Credit Analysis & Research (CARE) upgraded long term banking facilities of Greenply Industries to CARE AA- and short term banking facilities of the company to CARE A1+. CARE also upgraded short term debt (including commercial paper) of Greenply Industries to CARE A1+.

Greenply Industries' net profit rose 14.7% to Rs 26.70 crore on 15.1% rise in net sales to Rs 380.75 crore in Q1 June 2015 over Q1 June 2014.

Greenply Industries is a leader in the manufacturing and marketing of a wide range of interior infrastructure products.

Previous News
  Greenply Industries consolidated net profit rises 1.15% in the March 2022 quarter
 ( Results - Announcements 16-May-22   15:42 )
  Greenply Industries consolidated net profit rises 20.86% in the December 2022 quarter
 ( Results - Announcements 13-Feb-23   17:50 )
  Greenply Industries consolidated net profit rises 2.25% in the December 2019 quarter
 ( Results - Announcements 11-Feb-20   16:59 )
  Greenply Industries standalone net profit rises 61.56% in the June 2019 quarter
 ( Results - Announcements 16-Aug-19   12:39 )
  Greenply Industries revises board meeting date
 ( Corporate News - 26-May-23   16:49 )
  Greenply Industries standalone net profit declines 22.07% in the March 2018 quarter
 ( Results - Announcements 30-May-18   17:01 )
  Greenply Industries grants 13.44 lakh stock options under ESOP
 ( Corporate News - 17-Mar-21   19:20 )
  Greenply Industries to discuss results
 ( Corporate News - 23-May-23   11:49 )
  Volumes soar at Sanofi India Ltd counter
 ( Hot Pursuit - 09-Apr-18   11:00 )
  Greenply Industries to table results
 ( Corporate News - 22-May-19   15:57 )
  Greenply Industries to discuss results
 ( Corporate News - 07-Jun-21   10:18 )
Other Stories
  Shalby drops after PAT slides 20% YoY to Rs 16 cr in Q1 FY25
  08-Jul-24   16:01
  Tata Steel Production rises 5% YoY in Q1 FY24
  08-Jul-24   15:54
  PC Jeweller soars after PNB approves settlement
  08-Jul-24   15:26
  Godrej Inds gains after chemicals arm inks BTA to acquire Ethoxylation Unit II
  08-Jul-24   15:22
  GE Power sizzles after NTPC order win
  08-Jul-24   15:02
  Patel Engineering Ltd leads losers in 'A' group
  08-Jul-24   15:01
  Sundaram Multi Pap Ltd leads losers in 'B' group
  08-Jul-24   14:46
  Marine Electricals jumps after order win
  08-Jul-24   14:33
  Volumes soar at Metro Brands Ltd counter
  08-Jul-24   14:30
  Bank of India Q1 domestic deposits grow 10% YoY
  08-Jul-24   14:25
Back Top