Country's leading interior infrastructure maker Century Plyboards India is ready with an alternate strategy for the Laos crisis that banned export of raw wood and veneer since over a year.
Century Plyboards today said it has decided to prepone commencement of Rs 390-crore medium density fibreboard (MDF) plant at Hoshiarpur in Punjab to March next year after a request from the state government.
Tough competition from unorganised sector has kept margin under pressure, says Century Plyboards' Chairman Sajjan Bhajanka.
On July 21, 2016 Norges Bank- Government Pension Fund Global bought 12,00,000 shares of Century Plyboards at Rs 225.
On July 21, 2016 Sundaram BNP Paribas Tax Saver (Open Ended) Fund bought 15,77,943 shares of Star Ferro at Rs 103.07.
In an interview to CNBC-TV18, Sajjan Bhajanka, Chairman, Century Plyboard, discusses the company‘s numbers and its plans ahead.
Century Plyboard reported better than expected earnings for the quarter ended September 2014. It reported net profit at Rs 35.8 crore versus Rs 22 crore year on year. Net sales for the company came in at Rs 404.8 crore versus Rs 34.9 crore Y-o-Y.