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GEEN – Greenlam Industries Ltd

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Recommendation Rating

1.5

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4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 4.68

Low: 2.6

High: 5.92

Total Analysts: 5

Company Profile

Greenlam Industries Limited is an India-based company, which is engaged in the business of manufacturing laminates, decorative veneers and allied products through its factories at Behror and Nalagarh. The Company’s branches and dealers’ network are spread all over the country. It has three subsidiary companies, Greenlam Asia Pacific Pte Ltd, Greenlam America Inc and Greenlam South Ltd. The Company imports raw materials for manufacturing and sells its manufactured goods in both domestic and overseas markets. The overseas subsidiaries of the Company are mainly engaged in the marketing and distribution of its product. The Company operates through two segments. Laminate & Allied Products segment is engaged in the business of manufacturing of laminates, compact laminates and other allied products. Veneer & Allied Products segment is engaged in the business of manufacturing of decorative veneers, engineered wood flooring, engineered door sets and door leaf, and other allied products.

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