GREENLAM INDUSTRIES LTD.
NSE : GREENLAMBSE : 538979ISIN
CODE : INE544R01021Industry : Laminates/DecorativesHouse
: Shiv Prakash Mittal
BSE585.05-2.55 (-0.43 % )
PREV CLOSE (Rs.) 587.60
OPEN PRICE (Rs.) 599.10
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 3308
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE583.20 -7.4 (-1.25 % )
PREV CLOSE(Rs.) 590.60
OPEN PRICE (Rs.) 592.05
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 583.20 (1097 )
VOLUME 23979
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 04-May-2024 | Greenlam Industries' arm incorporates subsidiary in Malaysia | <p style="text-align: justify;">Greenlam Industries' wholly owned subsidiary -- Greenlam Asia Pacific has incorporated a subsidiary in Malaysia on May 03, 2024 under the name and style of ‘GREENLAM INDUSTRIES SDN. BHD.' (Malaysian Subsidiary), to carry out, inter alia, the business of distributor and wholesaler of high pressure laminates and other paper/wood based products. </p><p style="text-align: justify;">Greenlam Asia Pacific holds 100% shareholding in the Malaysian Subsidiary and accordingly, the Malaysian Subsidiary has become a step-down subsidiary of Greenlam Industries upon its incorporation.</p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div> |
| 27-Jan-2024 | Greenlam Industries informs about earnings call | <div style="text-align: justify;">Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Greenlam Industries has informed that it enclosed the schedule of Earnings Call to discuss the operational and financial performance for Q3 & 9MFY24 with Investors & Analysts of the Company. No Unpublished Price Sensitive Information (UPSI) will be shared during the aforesaid event. </div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 11-Dec-2023 | Mazagon Dock Shipbuilders, Tata Motors and HCL Technologies to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">Mazagon Dock Shipbuilders</span> has received a Notification of Award of Contract from Oil and Natural Gas Corporation (ONGC) on December 07, 2023 for Part Replacement of Pipeline Project (PRPP) on turnkey basis at a total lump sum price of Rs 1145.10 crore including all taxes and duties. The said contract is expected to be executed by May 15, 2024. </p><p style="text-align: justify;"><span style="font-weight: bold;">Tata Motors</span> has announced that it will increase the price of its commercial vehicles effective January 01, 2024, up to 3%. The price increase is to offset the residual impact of the past input costs, and will be applicable across the entire range of commercial vehicles.</p><p style="text-align: justify;"><span style="font-weight: bold;">HCL Technologies</span> has launched its new Global Delivery Center (GDC) in Iasi, Romania. The new state-of-the art center in Iasi will provide next-generation digital, engineering, cloud and Al solutions. The Center expands the company's presence in Romania and underscores its commitment to the country as part of its nearshore strategy to serve global clients. </p><p style="text-align: justify;"><span style="font-weight: bold;">Mirza International</span> has launched its New Brand ‘Thomas Crick' on December 8, 2023 under Footwear Category. Thomas Crick is a Registered brand owned by Mirza (U.K.), a Step-down subsidiary of Mirza International and the company is in the process of transfer/assignment of the India rights for Thomas Crick for Class 25 and all other items from Mirza (U.K.) to Mirza International for streamlining the India business. </p><p style="text-align: justify;"><span style="font-weight: bold;">Ahasolar Technologies</span> has received a Contract from Gujarat Energy Development Agency, Gandhinagar for Development and Maintenance of RE Portal for processing Applications of Solar, Wind and Hybrid (Solar-Wind) and Integration with existing Solar Rooftop Portal. The whole Consultancy Service is priced at around Rs 55 lakh. The said contract is expected to be completed in 1 year. </p><p style="text-align: justify;"><span style="font-weight: bold;">Greenlam Industries</span>' wholly owned subsidiary -- Greenlam South has acquired land admeasuring 86 acres approximate in Sitapur District, Uttar Pradesh for an amount of Rs 24 crore approximate which will be used for future expansion.<span style="white-space:pre"> </span></p><p style="text-align: justify;"><span style="font-weight: bold;">Jaykay Enterprises</span> has completed the execution of MoU on December 09, 2023 with Philips Machine Tools India (Phillips) a subsidiary of Philips Corporation, USA, engaged in the business of advanced manufacturing technology products and services, to synergistically expand each other businesses on Pan India and in Global markets. The MoU allows parties to discuss and mutually agree the terms of setting up a Joint Venture LLP (Limited Liability Partnership) within 3 (three) months of the execution of this MoU. </p> |
| 09-Dec-2023 | Greenlam Industries' arm acquires land in Uttar Pradesh | <p style="text-align: justify;">Greenlam Industries' wholly owned subsidiary -- Greenlam South has acquired land admeasuring 86 acres approximate in Sitapur District, Uttar Pradesh for an amount of Rs 24 crore approximate which will be used for future expansion.<span style="white-space: pre;"> </span></p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div> |
| 20-Nov-2023 | Greenlam Industries informs about clarification | <div style="text-align: justify;">Greenlam Industries has informed that it enclosed the reply to the clarification sought by exchange regarding increase in volume of securities.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
| 29-Sep-2023 | Greenlam Industries commences commercial production at Naidupeta manufacturing facility | <p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div> |
| 29-Sep-2023 | Greenlam Industries informs about commencement of commercial production | <p style="text-align: justify;">With reference to its earlier intimation(s) dated January 29, 2020 and December 13, 2021, pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding setting up of greenfield project at Naidupeta, Andhra Pradesh, for manufacturing of 3.50 million laminate sheets/boards per annum by Greenlam South, a wholly-owned subsidiary of the Company, with an estimated investment of Rs 225 Crore. Now, Greenlam Industries has informed that the said manufacturing facility has commenced commercial production 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 above 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 approx till commencement of the commercial production.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 29-Sep-2023 | Greenlam Industries rises on commencing commercial production at Naidupeta manufacturing facility | <p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">The promoters holding in the company stood at 51.22%, while Institutions and Non-Institutions held 17.07% and 31.72% respectively.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p> |
| 05-Jul-2023 | Greenlam Industries submits analyst meet intimation | <div style="text-align: justify;">Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, Greenlam Industries has informed that the officials of the Company will interact with various investor community, institutions, investor groups and analysts on July 06, 2023. The Schedule of Institutional Investors & Analyst Meet is attached.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 09-Jun-2023 | Greenlam Industries' arm commences commercial production of Plywood and Allied products | <p style="text-align: justify;">Greenlam Industries' subsidiary -- HG Industries has commenced commercial production of Plywood and Allied products at manufacturing facility located at Tindivanam, Tamil Nadu having installed capacity of 18.9 million square meter per annum with effect from June 09, 2023. </p><p style="text-align: justify;">The said manufacturing facility has a potential to generate revenue of Rs 400 crore per annum on full capacity utilization. The total capex incurred for the project stands at around Rs 130 crore till commencement of the commercial production.</p><p style="text-align: justify;">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.</p> |
