Greenlam Ind Standalone December 2022 Net Sales at Rs 457.69 crore, up 12.52% Y-o-Y

Aditya Birla Sun Life AMC, which manages Rs 1,13,020 crore in equity assets, entered GMM Pfaudler, buying 1,770,353 shares worth Rs 277 crore. Sula Vineyards, Elin Electronics, Landmark Cars, Radiant Cash Management and Rain Industries were some other stocks this fund house entered in December.

GMM Pfaudler, BEML, Fortis Healthcare and Greenlam: Stocks that top MF houses entered in December

Net Sales are expected to increase by 14.8 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs. 516 crore, according to Sharekhan.

Greenlam Industries Q3 PAT seen up 5.9% YoY to Rs. 29 cr: Sharekhan

Sharekhan is bullish on Greenlam Industries has recommended buy rating on the stock with a target price of Rs 420 in its research report dated November 14, 2022.

Buy Greenlam Industries; target of Rs 420: Sharekhan

The company did not take any price hikes and higher cost of kraft and design paper weighed on laminates margins.

Greenlam Industries Q2 Results Review - Steady Performance, Margins To Remain Under Check: Yes Securities

TPL Plastech Ltd, Gayatri Projects Ltd, Ashima Ltd and Greenlam Industries Ltd are among the other gainers in the BSE’s ‘B’ group today, 06 October 2022.

Lotus Eye Hospital & Institute Ltd leads gainers in ‘B’ group

Hopeful of margins improving as raw material costs cool down

More price hikes unlikely, says Greenlam Industries CFO

Shares of Greenlam Industries rose over 6%, most in two weeks, to Rs 377.4 apiece.

Greenlam Industries Gains As Gujarat Plant Starts Commercial Production

Greenlam Industries jumped 4.67% to Rs 372.80 after the company announced that its recently acquired laminate manufacturing facility in Gujarat had commenced commercial production on 20 August 2022.

Greenlam Inds soars after Gujarat-based laminate plant commences operations

Key Stocks Under Focus: Adani Power, Paytm, Greenlam Industries & More

Greenlam Industries Q1 Review - New Capacities To Boost Performance: Yes Securities

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Greenlam Industries Limited is a laminates manufacturing company. The Company is engaged in the business of manufacturing laminates, decorative veneers and allied products, through its factories at various locations, branches and dealers network.