Century Plyboards (India) Ltd
PRICE: RS.170 RECOMMENDATION: BUY
TARGET PRICE: RS.230 FY17E P/E: 15.5X
Potential Upside 35 (%)
Century Plyboards is the largest plywood manufacturer with more than 30% share in the India's organized plywood sector. With an annual capacity of 209420 CBM, distributed across strategically located six plants, company caters to the customer's demand through a robust distribution network of over 1500 direct dealers. It has also expanded its laminates…
Initiating Coverage reports by Kotak on Century Ply and Green Ply
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