Greenply Industries was up 1.09% to Rs 278 at 10:03 IST on BSE as SBI Mutual Fund bought bulk shares of the company on the BSE via bulk deal mechanism yesterday, 20 March 2017.
Meanwhile, the S&P Sensex was up 10.18 points or 0.03% at 29,528.92. The BSE Mid-Cap index was down 33.70 points or 0.24% at 13,883.09.
On the BSE, 2,067 shares were traded on the counter so far as against the average daily volumes of 73,955 shares in the past one quarter. The stock had hit a high of Rs 283.50 and a low of Rs 276.10 so far during the day.
The stock had hit a record high of Rs 309 on 6 March 2017 and a 52-week low of Rs 173 on 4 April 2016. The stock had underperformed the market over the past one month till 20 March 2017, sliding 8.12% compared with the Sensex's 2.99% rise. The scrip had also underperformed the market over the past one quarter, rising 8.93% as against the Sensex's 12.2% rise.
The mid-cap company has equity capital of Rs 12.26 crore. Face value per share is Rs 1.
Trade Combines sold 38 lakh shares of Greenply Industries at Rs 275.03 per share in a bulk deal on the BSE on 20 March 2017. SBI Mutual Fund A/C Magnum Midcap Fund Scheme Ninety One bought 28.42 lakh shares at Rs 275 per share.
SBI FMCG Fund owned 4.75% stake in Greenply Industries end December 2016.
Greenply Industries' net profit fell 31.8% to Rs 24 crore on 14% decline in net sales to Rs 358.78 crore in Q3 December 2016 over Q3 December 2015.
Greenply Industries is into manufacturing and marketing of a wide range of interior infrastructure products.
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