{"id":143359,"date":"2025-01-24T12:23:33","date_gmt":"2025-01-24T06:53:33","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=143359"},"modified":"2025-01-24T12:27:34","modified_gmt":"2025-01-24T06:57:34","slug":"smallcap-stock-jumps-4-after-company-to-expand-its-business-in-clipboard-production","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/smallcap-stock-jumps-4-after-company-to-expand-its-business-in-clipboard-production\/","title":{"rendered":"Smallcap stock jumps 4% after commencing clipboard production at its new facility in Andhra Pradesh"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1423179083\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of one of the Smallcap stocks specializing in the manufacturing of interior products, jumped 4 percent following commencement of commercial production of Chipboard at its manufacturing facility located in Naidupeta, Andhra Pradesh<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1664707445\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price action<\/strong><\/h2><p>With a market capitalization of Rs. 7,197.72 crores on Friday, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/GREENLAM\" target=\"_blank\" rel=\"noreferrer noopener\">Greenlam Industries Limited<\/a><\/strong> trading at Rs. 572 jumped 3.8 percent, making a high of Rs. 588.70 per share compared to its previous closing price of Rs. 567.50\u00a0 per share.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p>Greenlam Industries Limited specializing in the manufacturing of interior products has commenced the commercial production of Chipboard at its new facility in Naidupeta, Andhra Pradesh, starting from January 23, 2025.&nbsp;<\/p><p>The facility has an annual production capacity of 2,92,380 cubic meters and is expected to generate revenue of up to Rs. 750 Crores upon full capacity utilization. The total capital investment for the project stands at approximately Rs. 735 Crores. The prelaminated chipboard produced will be marketed under the Greenlam brand name.<\/p><div class=\"trade-content_5\" id=\"trade-3678244576\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\">&nbsp;<strong>About the company<\/strong><\/h2><p>Greenlam Industries Limited is a leading Indian company specializing in the manufacturing and distribution of decorative laminates, veneers, and other interior products. Established in 1990, the company operates under brands like Greenlam, Greenlam Essences, and Decolan, offering a wide range of innovative and sustainable products for the residential and commercial segments.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Segment Revenue (Q2 FY25)<\/strong><\/h2><p>The company&#8217;s Laminates &amp; Allied Segment has generated Revenue of Rs. 596.9 crores in Q2FY25 and Veneers &amp; Allied Segment has generated Rs. 57.9 crores and at the end Plywood &amp; Allied Segment has generated Rs. 26 crores in the same period.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials&nbsp;<\/strong><\/h2><p>The company&#8217;s total revenue rose by 13.05 percent from Rs 609.46 crore to Rs 688.97 crore in Q2FY24-25. Meanwhile, Net profit declined from Rs. 39.03 crores to Rs 34.62 crore during the same period.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sridhar J<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3392517222\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of one of the Smallcap stocks specializing in the manufacturing of interior products, jumped 4 percent following commencement of commercial production of Chipboard at its manufacturing facility located in Naidupeta, Andhra Pradesh Price action With a market capitalization of Rs. 7,197.72 crores on Friday, the shares of Greenlam Industries Limited trading at Rs. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":37503,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[26472,26473,13709,948,936,3157,2597],"class_list":["post-143359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-greenlam-industries-lastest-news","tag-greenlam-industries-new-business","tag-greenlam-industries-share-price","tag-stock-market","tag-stock-market-news","tag-stock-to-watch","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Smallcap stock jumps 4% after commencing clipboard production at its new facility in Andhra Pradesh<\/title>\n<meta name=\"description\" content=\"The 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