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Greenlam Industries is currently trading at Rs. 418.80, up by 1.75 points or 0.42% from its previous closing of Rs. 417.05 on the BSE.

The scrip opened at Rs. 422.05 and has touched a high and low of Rs. 432.85 and Rs. 415.95 respectively. So far 790 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 522.95 on 04-Aug-2023 and a 52 week low of Rs. 280.00 on 03-Oct-2022.

Last one week high and low of the scrip stood at Rs. 434.75 and Rs. 388.80 respectively. The current market cap of the company is Rs. 5315.27 crore.

The promoters holding in the company stood at 51.22%, while Institutions and Non-Institutions held 17.07% and 31.72% respectively.

Greenlam Industries has commenced commercial production of laminate sheets/boards at its manufacturing facility situated Naidupeta, Andhra Pradesh with effect from September 29, 2023. On consolidated basis, the said manufacturing facility has potential to generate revenue of Rs 600 crore per annum on full capacity utilization. Consequent to the said commercialization, the installed capacity of the company for manufacturing of laminates has increased from 21.02 million laminate sheets per annum to 24.52 million laminate sheets/ boards per annum on consolidated basis. The total capex incurred for the project stands at Rs 239 crore approximate till commencement of the commercial production.

Greenlam Industries is one of the leading laminate manufacturers and Asian market leader in decorative laminates. It is a decorative Laminates manufacturer which ensures superior design, quality and systems.