Greenply Industries Ltd
GREENPLY

289.95

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Turnover (lac)
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Day's Vol.(shares)

288.00

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Buy
Reco. Price
Rs 293.00
We recommend buy on account of MDF segment leadership and duty benefits. This will be backed by ~18% growth in MDF, GST roll out and anti- dumping duty benefit. The stock is attractively valued at ~24x FY17E P/E compared to industry average of ~34x FY17E P/E. (Target Price: Rs 325)
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50 DMA (.)
261.38
100 DMA (.)
266.80
200 DMA (.)
257.03
Weekly Range (.)
275.00
303.60
Monthly Range (.)
244.80
303.60
52 Weeks Range (.)
160.00
307.00
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