The announcement was made during market hours today, 20 July 2016.
Meanwhile, the S&P BSE Sensex was up 104.17 points or 0.37% at 27,891.79.
On BSE, so far 12,543 shares were traded in the counter as against average daily volume of 12,049 shares in the past one quarter. The stock hit a high of Rs 274.30 and a low of Rs 264.20 so far during the day. The stock had hit a record high of Rs 297.50 on 15 July 2016. The stock had hit a 52-week low of Rs 152 on 18 January 2016. The stock had outperformed the market over the past one month till 19 July 2016, gaining 6.65% compared with Sensex's 4.36% rise. The scrip had also outperformed the market in past one quarter, gaining 36.41% as against Sensex's 7.64% rise.
The mid-cap company has equity capital of Rs 12.07 crore. Face value per share is Rs 1.
In May this year, Greenply Industries' board of directors had approved incorporation of step-down subsidiary in Gabon to manage and control the veneer, lumber and panel products manufacturing unit at Nkok SEZ, Gabon, West Africa. The board had also approved to set up the unit in Gabon on that day.
Greenply Industries' net profit fell 92.4% to Rs 1.08 crore on 5.7% growth in net sales to Rs 452.83 crore in Q4 March 2016 over Q4 March 2015.
Greenply Industries is into manufacturing and marketing of a wide range of interior infrastructure products.
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