Greenply Industries gain on robust Q1 results

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.