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    Plywood companies to benefit from rise in capacity and lower input costs

    Synopsis

    ​​Leading plywood companies are however optimistic about the demand scenario in the coming quarters amid abating input costs. Major companies in the sector including Century Plyboards (India), Greenlam Industries, and Greenply Industries have staged a recovery on the bourses in the year-to-date period by earning double-digit returns after a lacklustre show in the previous calendar year.

    ET Intelligence Group: Wooden panel and laminate companies reported sluggish volume growth and margin contraction during the June 2023 quarter following slower home improvement demand and higher timber prices. Leading plywood companies are however optimistic about the demand scenario in the coming quarters amid abating input costs. Major companies in the sector including Century Plyboards (India), Greenlam Industries, and Greenply Industries
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    The Economic Times