Greenlam Industries is trading at RS. 572.65, gaining 8.45 points (1.50%) from its previous close of RS. 564.20 on the BSE.
The stock opened at RS. 584.20, reaching a high of RS. 584.20 and a low of RS. 566.45 during the session, with 306 shares traded so far.
This BSE group 'A' stock, with a face value of RS. 1, recorded its 52-week high of RS. 661.65 on May 27, 2024, and a 52-week low of RS. 431.05 on March 18, 2024. Over the last week, the scrip fluctuated between RS. 607.95 and RS. 536.00. The company’s current market capitalization stands at RS. 7,253.21 crore.
Promoters hold 50.98% of the company’s shares, while institutional and non-institutional investors own 17.50% and 31.52%, respectively.
Greenlam's wholly-owned subsidiary has started commercial production of chipboard at its Naidupeta, Andhra Pradesh facility from January 23, 2025. This plant has an annual production capacity of 2,92,380 cubic meters, with a potential to generate revenue of up to RS. 750 crore at full capacity utilization. The total investment for this project amounted to approximately RS. 735 crore.
Greenlam Industries, a leader in the decorative laminate market, is known for its innovative designs, superior quality, and advanced manufacturing systems.