Operations of MDF plant at Greenply Speciality Panels Pvt Ltd suspended due to machinery breakdown

Greenply Industries Ltd has announced that the manufacturing operations at the MDF plant of the Company's wholly owned subsidiary i.e. M/s. Greenply Speciality Panels Pvt. Ltd., situated at Village Sherpura, Dist. Vadodara, Gujarat is closed w.e.f. December 11, 2024, due to breakdown of machinery.

Necessary steps are being taken to resolve the issue which seems to be not a major issue, and the facility is likely to resume production in next few days.

Shares of Greenply Industries Limited was last trading in BSE at Rs. 351.00 as compared to the previous close of Rs. 341.30. The total number of shares traded during the day was 14993 in over 790 trades.

The stock hit an intraday high of Rs. 355.05 and intraday low of 336.30. The net turnover during the day was Rs. 5215068.00.

Source : Equity Bulls

Keywords

GreenplyIndustries INE461C01038 GreenplySpecialityPanels MDFPlant Closure MachineryBreakdown