Shares of Rushil Decor rebounded sharply by 10% from their intraday low to ₹39 per share on Monday, November 4 after the company announced an optimistic outlook for the upcoming financial year with a focus on the strategic roll-out of its Jumbo Laminate Project and expansion into the plywood market. This facility is expected to produce 2.8 million sheets annually, …
Shares of Century Plyboards India Ltd have been under pressure recently, after scaling a new 52-week high of ₹749 in March. However, a recent dealers channel check by ICICI Securities Ltd showed that in Q1FY23 demand trends were steady across segments like plywood, laminates and MDF on continued pick-up in residential market and higher spend on home improvement post the …
