Greenpanel Industries Ltd commissions new MDF plant in Tirupati district, Andhra Pradesh

Greenpanel Industries Limited has announced the commissioning of a new MDF plant at our existing unit in the Tirupati district (Andhra Pradesh), with an installed capacity of 2,31,000 CBM per annum, has been successfully completed. The company has commenced trial production of the thin MDF range, with thicknesses ranging from 1.5 mm to 1.7 mm, as of today.

The commissioning of the plant experienced delays from the initially expected timeline due to the late delivery of imported plant and machinery, caused by the ongoing geopolitical crisis.

Shares of Greenpanel Industries Limited was last trading in BSE at Rs. 291.25 as compared to the previous close of Rs. 294.30. The total number of shares traded during the day was 5833 in over 328 trades.

The stock hit an intraday high of Rs. 298.40 and intraday low of 288.00. The net turnover during the day was Rs. 1701157.00.

Source : Equity Bulls

Keywords

GreenpanelIndustries INE08ZM01014 NewMDFPlant Tirupati AndhraPradesh