Wednesday, July 5, 2023

Greenpanel - Good prospects


Greenpanel is India’s largest manufacturer of wood panels. Our state-of-the-art manufacturing plants in Uttarakhand and Andhra Pradesh make top-quality Medium Density Fibreboard (MDF), Plywood and Flooring.


Our culture of innovation and sustainability permeates everything we do. Case in point: Greenpanel MDF is made with 100% renewable agro-forestry wood.


Greenpanel, previously known as Green Panelmax, is the largest manufacturer of MDF in India and is also the largest manufacturer of MDF in Asia. Our manufacturing plants have a combined annual capacity of more than 6,66,000 cubic meters of MDF. This is complemented by our robust distribution network of 3,000-plus outlets spread across the country.


Company has the latest technology and state-of-the-art facilities to make top-quality products like exterior- as well as interior-grade Medium Density Fibreboard (MDF), Prelaminated MDF, Club HDWR, Plywood, Decorative Veneers and Flooring.Our culture of innovation and investment in the future permeates everything we do. 


Companies new MDF plant in Chittoor District, Andhra Pradesh.Greenpanel is the largest manufacturer of MDF in the country: Our manufacturing units in Uttarakhand and Andhra Pradesh have a combined annual capacity of 5,88,000 cubic meters. Our strong retail network across 300-plus cities has become even stronger now, with our new plant in Andhra Pradesh ensuring faster delivery to customers in south India.


https://www.greenpanel.com/


Current Market Price - Rs.340

Year High - 523

Year Low - 255


Returns -

1 month - 4%

6 months - 3%

1 year - minus 22%


Company is attempting turnaround.  With booming construction activity company expects to do well.


Date 5 July 2023


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