Greenpanel Industries produces furniture-related products including plywood, fiberboard, wooden floors, and doors. The company earns 79% of its revenue from MDF boards and related products, and the remaining 21% from the plywood segment. The company earns 82% revenue from the domestic market and the remaining 18% revenue from exports to foreign countries.
The company was listed on the Bombay Stock Exchange (BSE) in the year 2019 and since then it has given very good returns to its investors. Below you can find out briefly about the company’s performance.
Last updated on August 17, 2024 at 1:45:42 PM
Geenpanel Share Price History
Shares of Greenpanel Industries Limited (BOM:542857) were listed on the Bombay Stock Exchange (BSE) in the year 2019 and at that time the price of one share was ₹40.45. Currently, the share price of Greenpanel Industries is around ₹420.00, and if today’s share price is calculated from the value at the time of the company’s listing, the Greenpanel share is up 776% year to date. If an investor has invested in the company’s shares since its listing, today his invested money has increased 9x.
| Year | Open Price | End Price | Gain/ Fall |
|---|---|---|---|
| 2019 | ₹40.45 | ₹45.20 | 11.74% |
| 2020 | ₹45.20 | ₹126.00 | 178.76% |
| 2021 | ₹126.20 | ₹420.55 | 233.24% |
| 2022 | ₹419.00 | ₹337.35 | -19.49% |
| 2023 | ₹342.35 | ₹420.00 | 22.68% |
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Greenpanel Share Returns: Compounded and Absolute
| Period | Absolute Returns | CAGR |
|---|---|---|
| 1 Year | 6% | 5.97% |
| 2 Years | -20% | -10.44% |
| 3 Years | 38% | 11.32% |
| 4 Years | 677% | 66.97% |
| MAX | 776% | 54.35% |
- Greenpanel’s stock has risen/fallen 6% in the last 1 year.
- In the last 2 years, Greenpanel has given a return of -20% to its investors.
- In the last 3 years, Greenpanel has increased its investors’ money 1x.
- The CAGR growth of Greenpanel stock over the last 4 years was 66.97%.
- Since the day of its listing, Greenpanel Industries has delivered an annual average return of 54.35% to its investors.
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1 lakh invested in Greenpanel Industries Share
If you had invested ₹1 lakh in Greenpanel stock, what would it have been worth today?
| Period | ₹1 Lakh Investment |
|---|---|
| 1 Year | ₹1,05,965 |
| 2 Years | ₹80,217 |
| 3 Years | ₹1,37,953 |
| 4 Years | ₹7,77,193 |
| MAX | ₹8,76,143 |
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Conclusion
So today we learned about Greenpanel Share which increased the investment of its investors manifold in just three to four years. The use of wood in home interiors, floors, and walls is increasing by the people of India.
Now as the demand for these products is continuously increasing, it can provide a good opportunity for a company like Greenpanel to grow in the domestic market. Due to increasing demand abroad, the company’s business may continue to grow in the future. Therefore, not only Greenpanel but all the companies associated with this sector are continuously focusing on expansion.
If you are a long-term investor then you can think about this company, but before investing you must do your study, once you understand the company’s business and its future growth, then only you can be confident. If you buy only based on recommendation, then it is possible that when the shares of the company fall, you lose confidence in the company and sell the shares of the company out of fear.
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Greenpanel Share FAQ
Is Greenpanel Shares a Multibagger Stock?
Yes, Greenpanel is a multi-bagger stock that has grown its investors’ money 8-10x in the last 4 years.
What is the CAGR of Greenpanel since its listing?
Greenpanel’s CAGR since listing is 54.35%.
How much return did Greenpanel shares give from the listing?
Greenpanel has increased investors’ money 9x by giving returns of 776% since listing.
I hope you liked this article about Greenpanel Share Performance, but I also hope you do not consider it as any kind of stock recommendation and do a self-study about the company before investing in any stock, and always keep your focus on the long term.
Although Greenpanel Industries is a very good company and can give quite well returns in the long run, still study the fundamentals of the company, since the money is yours, the final decision of buying shares should also be yours.
Do not buy any shares based on any news or tip, and FincoPanda.com does not intend to provide any type of tip or recommendation. On the Fincopanda site, you are told about the past performance of the stock, based on which you can make some estimates about the prospects of the company. It is not necessary that a company will perform in the future in the same way as it has done in the past.