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laminate stocks: Capacity expansion, lower input costs drive optimism among plywood makers despite muted Q1 show

Leading plywood companies are however optimistic about the demand scenario in the coming quarters amid abating input costs. Major companies in the sector including Century Plyboards (India), Greenlam Industries, and Greenply Industries have staged a recovery on the bourses in the year-to-date period by earning double-digit returns after a lacklustre show in the previous calendar year. ....

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Greenlam Industries shares rally 21% in 5 days! Stock price targets hint at further upside

Greenlam's management has guided for a top line growth of 20-25 per cent YoY for FY24 while has not given a guidance on Ebitda margin, as two new projects are getting commissioned.

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