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    Buy Greenply Industries, target price Rs 254: ICICI Securities

    Synopsis

    Greenply Industries Ltd., incorporated in the year 1990, is a Small Cap company (having a market cap of Rs 2226.05 Crore) operating in Building Materials sector.

    BuyThinkStock Photos
    Promoters held 52.29 per cent stake in the company as of 30-Jun-2022, while FIIs owned 3.4 per cent, DIIs 33.41 per cent.
    ICICI Securities has buy call on Greenply Industries with a target price of Rs 254. The current market price of Greenply Industries is Rs 181. Time period given by analyst is one year when Greenply Industries Ltd. price can reach defined target.

    Greenply Industries Ltd., incorporated in the year 1990, is a Small Cap company (having a market cap of Rs 2226.05 Crore) operating in Building Materials sector.

    Greenply Industries Ltd. key Products/Revenue Segments include Plywood and Other Operating Revenue for the year ending 31-Mar-2021.


    Financials
    For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 455.10 Crore, up .76 % from last quarter Total Income of Rs 451.67 Crore and up 73.13 % from last year same quarter Total Income of Rs 262.86 Crore. Company reported net profit after tax of Rs 21.31 Crore in latest quarter.



    Promoter/FII Holdings
    Promoters held 52.29 per cent stake in the company as of 30-Jun-2022, while FIIs owned 3.4 per cent, DIIs 33.41 per cent.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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