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Greenply Q2 Results Review - Lower Than Anticipated Margin Hit Profitability: IDBI Capital

The brokerage values the stock at PER of 25 times FY26 EPS, deriving a target price of Rs 340 and maintain Hold rating on the stock as it awaits a better entry point.

<div class="paragraphs"><p>Samples of plywood arranged for photograph. (Photo: Jakarta Parquet /Source: Unsplash)</p></div>
Samples of plywood arranged for photograph. (Photo: Jakarta Parquet /Source: Unsplash)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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