Century Plyboards is buzzing in trade after Edelweiss initiates coverage on the stock. In an interview with CNBC-TV18, Keshav Bhajanka, ED of the company discussed this and more.
Will do better volumes in H2 due to medium density fiberboard (MDF) plant, he said.
MDF capacity of the company is the largest in India at the moment and we are expecting to ramp up the capacity to close to more than 70 percent utilisation, he added.
In laminates, we have been doing a good growth in the first half, in second half our growth keeps on improving. Overall MDF should add about Rs 140-150 crore to our topline. We can look at more than 15 percent growth for FY18 and going forward it is going to increase, said Bhajanka.
For full interview, watch accompanying video...
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!