The stock finally ended with a gain of 4.7% at Rs 107. The counter recorded trades of around 8,647 shares on the BSE today.
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(Updated at 1342 hrs)
Greenply Industries soared to its 5% upper circuit on announcing its FY09 results.
The stock opened up 4% at Rs 106. It surged 5% to its upper circuit limit of Rs 107. It is currently trading at the day's low of Rs 105, up 3%. The counter has witnessed a three fold increase in trading volumes at 7,523 shares as against the two-week daily traded average of 2,504 shares.
The company posted a 9% dip consolidated net profit at Rs 35.6 crore in FY09 from Rs 39.01 crore in FY08. The net income, however, increased 31% to Rs 773.16 crore in the year ended March 31,2009 from Rs 588.42 crore in the previous fiscal.