Buy Greenply Industries For Target Rs 127.50

Buy Greenply Industries For Target Rs 127.50Stock market analysts are of the view that investors can buy Greenply Industries Ltd (GIL) stock to achieve an intraday target of Rs 133.

According to them, investors can buy the stock around Rs 131 with a strict stop loss of Rs 127.50.

If the stock markets remain on the positive path then the stock price will hit a target above Rs 135.

Shares of the company, on Tuesday (Dec 15), closed at Rs 131.10 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 141.80 and a low of Rs 36.97 on BSE.

Current EPS & P/E ratio of the stock stood at 25.06 & 5.96 respectively.

GIL is now determinedly set up as the country’s biggest Interior Infrastructure Company.

The company's success has been encouraged by the recent financial boom in the Indian market and it remains to be the brand of choice among office as well as house builders.

GIL is the only incorporated market of plywoods, laminates, decorative veneers, particle boards and prelam particle boards/MDF.

The popular brands of the company comprise Green Club Premium Ply, Ecotec, Greenlam Laminates, Greenply Plywood, Green Lamieboard and Green Decowood.

GIL has 28 divisions across the country with a sturdy wholesaler/distributor/retailer network of more than 9600 and an existence in more than 300 cities.

Its 5 modernistic production divisions in 6 states located in HP, WB, Rajasthan, Uttarakhand, Nagaland and Gujarat.