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ā¢ Sharekhan has recommended a Hold rating on Century Plyboards (India) with a target price of Rs 710.
ā¢ For Q2FY2024, the company reported better-than-expected revenues, although OPMs lagged.
ā¢ Management has set a double digit revenue growth target for Plywood and laminate, while MDF revenue guidance has been increased to 25% y-o-y.