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Greenpanel Industries ends 7% higher despite delay in operation of MDF plant in Andhra

The estimated time for installation of the new machinery at the company’s MDF plant at Chittoor has been extended by three days due to technical reasons.

January 25, 2022 4:06 IST | India Infoline News Service
Bull Market
Greenpanel Industries Limited informed the exchanges that the estimated time for installation of the new machinery (Mat Heating System) at the Company's MDF plant situated at Chittoor, as informed earlier, has been extended by three days due to technical reasons.

The normal operation of the MDF plant at Chittoor, Andhra Pradesh is expected to be resumed by January 28, 2022.

The company stock ended at Rs483.40  per share up Rs31.75 or 7.03% on the BSE, near day's high of Rs485.95 per piece. 

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