Greenply Industries surged 6% to Rs 855 on the BSE, extending its Friday rally which was triggered after the company posted robust Q1 results.
Greenply Industries' net profit surged 33.9% to Rs 30.23 crore on 7.5% growth in net sales to Rs 516.74 crore in Q1 June 2014 over Q1 June 2013.
Greenply Industries is a renowned player in the plywood and laminate industry in India.
Shares of Greenply industries opened at Rs 810 and touched a high of Rs 864.70 and a low of Rs 810 so far during the day. A total of 985 shares have been exchanged on the BSE so far.
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