Greenpanel Inds.

Has Greenpanel Inds. declared dividend?

Greenpanel Industries Ltd has declared a 30% dividend, amounting to ₹0.3 per share, with an ex-date of February 18, 2025. While the company shows significant volatility in total returns, it has experienced negative returns in the short term but a substantial positive return of 752.8% over the past five years.

Greenpanel Industries Ltd has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 0.3<BR>- Ex-date: Feb-18-2025<BR><BR>Dividend Yield: 0.11%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -23.44%, the dividend return was 0.09%, resulting in a total return of -23.35%.<BR><BR>For the 1-year period, the price return was -8.46%, the dividend return was 0.10%, leading to a total return of -8.36%.<BR><BR>Over 2 years, the price return was -16.47%, the dividend return was 0.53%, culminating in a total return of -15.94%.<BR><BR>In the 3-year period, the price return was -45.25%, the dividend return was 0.75%, resulting in a total return of -44.5%.<BR><BR>For the 4-year period, the price return was 8.54%, the dividend return was 2.15%, leading to a total return of 10.69%.<BR><BR>Over 5 years, the price return was 739.97%, the dividend return was 12.83%, resulting in a total return of 752.8%.<BR><BR>Overall, while Greenpanel Industries Ltd has declared a dividend, the total returns over various periods show significant volatility, with negative returns in the shorter terms but a remarkable positive return over the 5-year period. This indicates a mixed performance in terms of shareholder returns, especially in the short term.

Who are the peers of the Greenpanel Inds.?

Peers of Greenpanel Inds. include Century Plyboard, Greenlam Industr, Greenply Industr, and Stylam Industrie, among others. Greenpanel Inds. has a 1-year return of -12.38%, with excellent management and capital structure, but faces below-average growth compared to its peers.

Peers: The peers of Greenpanel Inds. are Century Plyboard, Greenlam Industr, Greenply Industr, Stylam Industrie, Rushil Decor, Duroply Indust., Archidply Inds., Sylvan Plyboard, Airo Lam.<BR><BR>Quality Snapshot: Excellent management risk is observed at Century Plyboard, Greenlam Industr, Greenpanel Inds., and Stylam Industrie, while Good management risk is found at Greenpanel Inds. Average management risk is noted at Greenply Industr and W I Plywoods, while the rest have Below Average management risk. Growth is Average at Stylam Industrie, while Below Average growth is observed at Century Plyboard, Greenlam Industr, Greenply Industr, Greenpanel Inds., Rushil Decor, Duroply Indust., Archidply Inds., Sylvan Plyboard, Airo Lam, and W I Plywoods. Excellent capital structure is seen at Century Plyboard and Greenpanel Inds., Average capital structure is noted at Greenlam Industr and Greenply Industr, while the rest have Below Average capital structure.<BR><BR>Return Snapshot: Greenply Industr has the highest 1-year return at 28.16%, while Greenlam Industr has the lowest at -13.46%. Greenpanel Inds. has a 1-year return of -12.38%, which is better than Greenlam Industr but worse than Greenply Industr. Additionally, several peers including Stylam Industrie, Rushil Decor, Duroply Indust., Archidply Inds., and Sylvan Plyboard have negative six-month returns.

Is Greenpanel Inds. overvalued or undervalued?

As of May 23, 2025, Greenpanel Industries Ltd. is considered very attractive and undervalued, with a PE ratio of 23.40, an EV to EBITDA of 13.78, and a strong long-term outlook despite a year-to-date decline of 27.3%.

As of 23 May 2025, the valuation grade for Greenpanel Industries Ltd. has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued. Key ratios include a PE ratio of 23.40, an EV to EBITDA of 13.78, and a ROCE of 12.62%. <BR><BR>When compared to peers, Greenpanel's valuation metrics are competitive, with similar companies showing a PE ratio around 23.40 and an EV to EBITDA of approximately 13.78. Despite a recent downturn in stock performance year-to-date, where it has declined by 27.3% compared to a 5.58% increase in the Sensex, the long-term outlook remains strong, especially given the impressive 833.56% return over the past five years.

Who are in the management team of Greenpanel Inds.?

As of March 2022, the management team of Greenpanel Industries includes Shiv Prakash Mittal (Executive Chairman), Shobhan Mittal (Managing Director & CEO), and several independent directors: Mahesh Kumar Jiwrajka, Salil Kumar Bhandari, Arun Kumar Saraf, and Shivpriya Nanda, along with Lawkush Prasad (Vice President & Company Secretary). They are responsible for the company's strategic direction and operations.

As of March 2022, the management team of Greenpanel Industries includes:<BR><BR>1. Shiv Prakash Mittal - Executive Chairman<BR>2. Shobhan Mittal - Managing Director & CEO<BR>3. Mahesh Kumar Jiwrajka - Independent Director<BR>4. Salil Kumar Bhandari - Independent Director<BR>5. Arun Kumar Saraf - Independent Director<BR>6. Lawkush Prasad - Vice President & Company Secretary<BR>7. Shivpriya Nanda - Independent Director<BR><BR>This team oversees the strategic direction and operations of the company.

What does Greenpanel Inds. do?

Greenpanel Industries Ltd manufactures plywood, medium density fibre boards (MDF), and related products. As of March 2025, it reported net sales of ₹3,745 Cr and a net profit of ₹294 Cr, with a market cap of ₹3,566 Cr.

Overview:<BR>Greenpanel Industries Ltd is primarily involved in the manufacturing of plywood, medium density fibre boards (MDF), and allied products, operating within the plywood boards/laminates industry and categorized as a small-cap company.<BR><BR>History:<BR>Greenpanel Industries Limited was incorporated on 13th December 2017. The latest quarterly results reported are for March 2025, showcasing the company's performance in terms of sales and profit.<BR><BR>Financial Snapshot:<BR>Net Sales: 3,745 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 294 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 3,566 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 25.00 <BR>Industry P/E: 50 <BR>Dividend Yield: 0.10% <BR>Debt-Equity: 0.04 <BR>Return on Equity: 10.83% <BR>Price to Book: 2.72 <BR><BR>Contact Details:<BR>Address: Makum Road, Tinsukia Assam: 786125 <BR>Tel: 91-033-40840600 <BR>Email: secretarial@greenpanel.com <BR>Website: http://www.greenpanel.com

Who are the top shareholders of the Greenpanel Inds.?

The top shareholders of Greenpanel Industries include Prime Holdings Pvt. Ltd. with 39.24%, mutual funds with 28.51%, and Bandhan Sterling Value Fund at 5.78%. Individual investors hold 12.86%, while Foreign Institutional Investors own 2.93%, with no pledged promoter holdings reported.

The top shareholders of Greenpanel Industries include several key players. The majority of the shares are held by promoters, with Prime Holdings Pvt. Ltd. being the largest individual promoter, holding 39.24%. Additionally, mutual funds collectively hold 28.51% of the shares across 13 schemes. Among public shareholders, Bandhan Sterling Value Fund is the largest, owning 5.78%. Foreign Institutional Investors (FIIs) hold 2.93% of the shares, and individual investors account for 12.86%. There are no pledged promoter holdings reported.

How big is Greenpanel Inds.?

As of 24th July, Greenpanel Industries Ltd has a market capitalization of 3,876.00 Cr, classifying it as a Small Cap company, with recent net sales of 1,567.26 Cr and net profit of 142.68 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: Greenpanel Industries Ltd has a market capitalization of 3,876.00 Cr, classifying it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1,567.26 Cr, while the sum of Net Profit for the same period is 142.68 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024. Shareholder's Funds stand at 1,317.13 Cr, and Total Assets amount to 1,890.73 Cr.

How has been the historical performance of Greenpanel Inds.?

Greenpanel Inds. has shown fluctuating financial performance, with net sales declining to 1,567.25 Cr in Mar'24 from 1,782.86 Cr in Mar'23, and a significant drop in profit after tax to 142.68 Cr from 256.51 Cr. Despite an increase in total assets, recent trends indicate a decline in profitability and cash flow.

Answer:<BR>The historical performance of Greenpanel Inds. shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Greenpanel Inds. reported net sales of 1,567.25 Cr in Mar'24, a decline from 1,782.86 Cr in Mar'23 and 1,625.04 Cr in Mar'22, but an increase from 1,020.76 Cr in Mar'21 and 876.57 Cr in Mar'20. Total operating income mirrored this trend, reaching 1,567.25 Cr in Mar'24, down from 1,782.86 Cr in Mar'23. The raw material cost decreased to 704.85 Cr in Mar'24 from 736.69 Cr in Mar'23, while total expenditure (excluding depreciation) slightly decreased to 1,320.79 Cr in Mar'24 from 1,366.35 Cr in Mar'23. Operating profit (PBDIT) fell to 268.33 Cr in Mar'24 from 435.87 Cr in Mar'23, leading to a profit before tax of 183.17 Cr, down from 350.96 Cr in the previous year. Profit after tax also decreased to 142.68 Cr in Mar'24 from 256.51 Cr in Mar'23. The earnings per share (EPS) dropped to 11.64 in Mar'24 from 20.92 in Mar'23. On the balance sheet, total assets increased to 1,890.73 Cr in Mar'24 from 1,704.83 Cr in Mar'23, while total liabilities rose to 1,890.73 Cr from 1,704.83 Cr. Cash flow from operating activities decreased to 134.00 Cr in Mar'24 from 337.00 Cr in Mar'23, but net cash inflow improved to 26.00 Cr from an outflow of 44.00 Cr in the previous year. Overall, while Greenpanel Inds. experienced growth in certain areas over the years, recent performance indicates a decline in profitability and cash flow.

How has been the historical performance of Greenpanel Inds.?

Greenpanel Inds. has experienced fluctuating financial performance, with net sales decreasing from 1,782.86 Cr in March 2023 to 1,567.25 Cr in March 2024, and a decline in operating profit and profit after tax. Despite growth in total assets, recent trends indicate challenges in profitability and cash flow management.

Answer:<BR>The historical performance of Greenpanel Inds. shows a fluctuating trend in key financial metrics over the past six years.<BR><BR>Breakdown:<BR>Greenpanel Inds. reported net sales of 1,567.25 Cr in March 2024, a decrease from 1,782.86 Cr in March 2023 and 1,625.04 Cr in March 2022, but an increase from 1,020.76 Cr in March 2021 and 876.57 Cr in March 2020. The total operating income followed a similar pattern, peaking at 1,782.86 Cr in March 2023 before declining to 1,567.25 Cr in March 2024. The company's operating profit (PBDIT) also saw a decline, from 435.87 Cr in March 2023 to 268.33 Cr in March 2024, reflecting a decrease in operating profit margin from 23.36% to 15.73%. Profit before tax decreased to 183.17 Cr in March 2024 from 350.96 Cr in March 2023, leading to a profit after tax of 142.68 Cr, down from 256.51 Cr the previous year. The total assets of the company increased to 1,890.73 Cr in March 2024 from 1,704.83 Cr in March 2023, while total liabilities also rose to 1,890.73 Cr from 1,704.83 Cr. Cash flow from operating activities decreased to 134.00 Cr in March 2024 from 337.00 Cr in March 2023, although the closing cash and cash equivalents improved to 40.00 Cr from 13.00 Cr. Overall, while Greenpanel Inds. has shown growth in sales and assets over the years, recent trends indicate challenges in profitability and cash flow management.

Is Greenpanel Inds. technically bullish or bearish?

As of November 24, 2025, Greenpanel Inds. shows a mildly bearish trend due to bearish signals from the MACD and Bollinger Bands, despite some mixed signals from moving averages and RSI, and has underperformed against the Sensex.

As of 24 November 2025, the technical trend for Greenpanel Inds. has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by bearish signals from the weekly and monthly MACD, as well as the Bollinger Bands. The KST is also mildly bearish on the weekly timeframe. Although the daily moving averages indicate a mildly bullish trend, this is overshadowed by the overall bearish sentiment from the longer-term indicators. The RSI shows no signal on the weekly but is bullish on the monthly, indicating mixed signals. The stock has underperformed significantly compared to the Sensex over multiple time frames, further supporting the bearish outlook.

When is the next results date for Greenpanel Industries Ltd?

The next results date for Greenpanel Industries Ltd is January 30, 2026.

The next results date for Greenpanel Industries Ltd is scheduled for January 30, 2026.

Are Greenpanel Industries Ltd latest results good or bad?

Greenpanel Industries Ltd's latest Q3 FY26 results show record revenues of ₹416.27 crores, but a concerning 70.41% drop in net profit to ₹10.24 crores and a significant decline in operating margins indicate serious financial challenges, making the overall performance more negative than positive.

Greenpanel Industries Ltd's latest results for Q3 FY26 present a mixed picture, but overall, the performance appears concerning. While the company achieved record quarterly revenues of ₹416.27 crores, reflecting a 7.93% year-on-year increase, this growth was overshadowed by a significant decline in profitability. <BR><BR>Net profit fell dramatically by 70.41% year-on-year to ₹10.24 crores, and operating profit, excluding other income, plummeted by 86.70% to just ₹8.02 crores. This resulted in operating margins collapsing from 15.63% in Q3 FY25 to a mere 1.93% in Q3 FY26, indicating severe challenges in cost management and pricing power.<BR><BR>The stock has reacted negatively to these results, trading significantly below its 52-week high and reflecting a bearish sentiment among investors. Additionally, the company is facing operational challenges, including rising interest expenses and an inability to pass on increased input costs to customers, which further complicates its financial outlook.<BR><BR>In summary, while revenue growth is a positive sign, the drastic decline in profits and margins suggests that Greenpanel Industries is currently navigating a difficult period, making the latest results more bad than good.

Should I buy, sell or hold Greenpanel Industries Ltd?

Why is Greenpanel Industries Ltd falling/rising?

As of 17-Mar, Greenpanel Industries Ltd's stock price is Rs. 192.90, reflecting a decline of -0.16% and hitting a new 52-week low. The stock has underperformed significantly, with a year-to-date drop of -15.87% compared to the Sensex, and shows bearish trends with decreased investor participation and poor long-term financial growth.

As of 17-Mar, Greenpanel Industries Ltd is experiencing a decline in its stock price, currently at Rs. 192.90, which reflects a change of -0.3 (-0.16%). The stock has been underperforming significantly, with a consecutive fall over the last three days, resulting in a total decrease of -5.51% during this period. Additionally, the stock has hit a new 52-week low of Rs. 189.1 today.<BR><BR>The stock's performance over various time frames indicates a troubling trend, with a year-to-date decline of -15.87% compared to a -10.74% drop in the benchmark Sensex. Over the past year, Greenpanel has generated a return of -15.02%, while the Sensex has increased by +2.56%. This consistent underperformance against the benchmark has contributed to negative investor sentiment.<BR><BR>Moreover, the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. Investor participation has also decreased, with delivery volume falling by -9.47% against the 5-day average, indicating reduced interest in the stock.<BR><BR>Financially, the company has shown poor long-term growth, with operating profit declining at an annual rate of -56.94% over the last five years. Recent financial results have not been encouraging either, with a significant drop in profits of -101.5% over the past year. Although the company has a low Debt to EBITDA ratio of 1.21 times and high institutional holdings at 29.54%, these factors have not been sufficient to offset the negative trends in stock performance and financial results.<BR><BR>In summary, the combination of consistent underperformance, declining investor participation, and poor financial growth prospects are key reasons for the falling stock price of Greenpanel Industries Ltd.

Why is Greenpanel Industries Ltd falling/rising?

As of 18-Mar, Greenpanel Industries Ltd's stock price is rising to Rs 195.85, but it has significantly underperformed over longer periods, with declines of 10.45% in the past month and 14.59% year-to-date. The overall trend remains negative due to poor long-term growth and decreasing investor participation.

As of 18-Mar, Greenpanel Industries Ltd's stock price is rising, currently at Rs 195.85, reflecting an increase of Rs 3.8 or 1.98%. This upward movement follows a trend reversal after three consecutive days of decline. The stock reached an intraday high of Rs 200, which is a 4.14% increase from its previous price.<BR><BR>Despite this rise, the stock has shown significant underperformance over longer periods. For instance, it has declined by 10.45% over the past month and 14.59% year-to-date. Additionally, the stock is trading lower than its moving averages across various time frames, indicating a generally bearish trend.<BR><BR>Investor participation appears to be decreasing, as evidenced by a 36.51% drop in delivery volume compared to the five-day average. Furthermore, while the stock is currently trading at a discount compared to its peers, its long-term growth prospects are concerning, with a reported annual decline in operating profit of 56.94% over the last five years.<BR><BR>In summary, while Greenpanel Industries Ltd is experiencing a short-term rise in stock price, the overall trend remains negative due to poor long-term growth, declining investor participation, and consistent underperformance against benchmarks.

Why is Greenpanel Industries Ltd falling/rising?

As of 19-Mar, Greenpanel Industries Ltd's stock price is declining at Rs 196.60, down 0.23%, with a year-to-date drop of 14.26%. This underperformance is driven by decreased investor participation, poor long-term growth prospects, and a bearish trend indicated by trading below moving averages.

As of 19-Mar, Greenpanel Industries Ltd is experiencing a decline in its stock price, currently at Rs 196.60, which reflects a change of -0.45 (-0.23%). This downward movement can be attributed to several factors. Over the past week, the stock has decreased by 3.70%, while the benchmark Sensex has only fallen by 2.40%, indicating underperformance relative to the market. Additionally, the stock has shown a significant decline of 14.26% year-to-date, compared to a 12.92% drop in the Sensex, and a stark 15.98% decrease over the past year, while the benchmark has only declined by 1.65%.<BR><BR>The stock is also trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. Furthermore, the sector itself, Wood & Wood Products, has fallen by 3.16%, contributing to the negative sentiment surrounding Greenpanel Industries. <BR><BR>Investor participation has notably decreased, with delivery volume on March 18 dropping by 41.19% compared to the 5-day average, suggesting a lack of confidence among investors. Although the company has a strong ability to service debt and is trading at a discount compared to its peers, the long-term growth outlook appears poor, with operating profit declining at an annual rate of 56.94% over the last five years. This is compounded by a significant drop in profits, which have fallen by 101.5% over the past year.<BR><BR>In summary, the combination of underperformance against benchmarks, declining investor participation, and poor long-term growth prospects are key factors contributing to the falling stock price of Greenpanel Industries Ltd.

Why is Greenpanel Industries Ltd falling/rising?

As of 20-Mar, Greenpanel Industries Ltd's stock price is Rs 193.00, reflecting a decline of 1.9% and a consistent trend of underperformance with a 15.83% drop year-to-date. The stock is trading near its 52-week low, below moving averages, and experiencing decreased investor participation, indicating bearish sentiment and concerns about the company's financial health.

As of 20-Mar, Greenpanel Industries Ltd is experiencing a decline in its stock price, currently at Rs 193.00, which reflects a change of -1.9 (-0.97%). This downward movement is consistent with the stock's performance over the past week, where it has fallen by 4.00%, and it has also shown a significant decline of 10.07% over the past month. Year-to-date, the stock has decreased by 15.83%, and over the past year, it has dropped 16.14%, indicating a consistent trend of underperformance.<BR><BR>The stock is currently trading close to its 52-week low, just 2.02% above Rs 189.1, and has been losing value for the last two consecutive days, with a total decline of -2.06% during this period. Additionally, Greenpanel Industries Ltd is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals bearish sentiment.<BR><BR>Investor participation has also decreased, as evidenced by a significant drop in delivery volume, which fell by 52.74% compared to the 5-day average. This decline in trading activity suggests a lack of confidence among investors. Furthermore, the company's financial health is concerning, with a reported -101.5% fall in profits over the past year, despite having a low Debt to EBITDA ratio of 1.21 times, which indicates some ability to service debt.<BR><BR>Overall, the combination of poor long-term growth, consistent underperformance against benchmarks, and declining investor interest contributes to the falling stock price of Greenpanel Industries Ltd.

Why is Greenpanel Industries Ltd falling/rising?

As of 23-Mar, Greenpanel Industries Ltd's stock price has declined to Rs. 178.45, down 7.97%, hitting a new 52-week low. The stock has underperformed its sector and shows significant losses year-to-date and over the past year, with decreased investor interest and high volatility contributing to a negative sentiment.

As of 23-Mar, Greenpanel Industries Ltd is experiencing a decline in its stock price, currently at Rs. 178.45, which reflects a decrease of Rs. 15.45 or 7.97%. This downward movement is supported by several factors. The stock has hit a new 52-week low of Rs. 177.8 today and has been on a consecutive fall for the last three days, resulting in a total decline of 9.44% during this period. <BR><BR>In terms of performance, the stock has underperformed its sector by 6.62% today and has shown significant losses over various time frames, including a 22.18% decline year-to-date and a 23.28% drop over the past year. Additionally, the stock is trading below its moving averages across multiple time frames, indicating a bearish trend. <BR><BR>Investor participation has also decreased, with delivery volume falling by 34.46% against the five-day average, suggesting reduced interest from investors. The stock's volatility is high, with an intraday volatility of 5.19%, further contributing to the uncertainty surrounding its performance. <BR><BR>Despite some positive factors, such as a strong ability to service debt and attractive valuation metrics, the overall sentiment remains negative due to poor long-term growth, consistent underperformance against benchmarks, and significant declines in profits. These elements collectively explain the current fall in Greenpanel Industries Ltd's stock price.

Why is Greenpanel Industries Ltd falling/rising?

As of 24-Mar, Greenpanel Industries Ltd's stock price is rising to Rs 180.00, showing a potential trend reversal after previous declines. However, despite the short-term gain, the stock has a year-to-date decline of 21.50% and faces long-term challenges due to declining profitability.

As of 24-Mar, Greenpanel Industries Ltd's stock price is rising, currently at Rs 180.00, reflecting a change of 1.85 (1.04%) upward. This increase comes after three consecutive days of decline, indicating a potential trend reversal. The stock opened with a significant gain of 9.85% today, reaching an intraday high of Rs 195.7. <BR><BR>Despite this positive movement, the stock has been underperforming in the longer term, with a year-to-date decline of 21.50% and a one-year return of -23.57%. It is also trading close to its 52-week low, just 1.22% away from Rs 177.8. The stock's performance today has been characterized by high volatility, with an intraday volatility of 8.06%. <BR><BR>Investor participation has increased, as indicated by a delivery volume of 89.29k on 23 March, which is 104.48% higher than the five-day average. This suggests a growing interest among investors, which may be contributing to the stock's rise today. However, the company faces challenges, including a significant decline in operating profit over the past five years and a substantial drop in profits over the last year, which could impact long-term investor sentiment. <BR><BR>Overall, while the stock is experiencing a short-term rise, its long-term outlook remains uncertain due to ongoing underperformance against benchmarks and declining profitability.

Why is Greenpanel Industries Ltd falling/rising?

As of 25-Mar, Greenpanel Industries Ltd's stock price is currently at Rs 182.15, reflecting a recent rise but a year-to-date decline of 20.56%. Despite short-term gains and increased trading activity, the long-term outlook remains concerning due to significant declines in operating profit.

As of 25-Mar, Greenpanel Industries Ltd's stock price is rising, currently at Rs 182.15, reflecting a change of 1.15 (0.64%) upward. This increase follows a two-day consecutive gain, where the stock has risen by 2.25%. Additionally, the stock reached an intraday high of Rs 188.9, marking a 4.36% increase during the trading session.<BR><BR>Despite this recent uptick, the stock has been underperforming over longer periods, with a year-to-date decline of 20.56% and a one-year return of -22.74%. It is also trading close to its 52-week low, just 2.39% away from Rs 177.8. The stock's performance today has been noted as underperforming the sector by 2.29%.<BR><BR>Investor participation appears to be increasing, with a delivery volume of 63.99k on March 24, which is a 36% rise compared to the five-day average. However, the stock is trading below its moving averages across various time frames, indicating a potential struggle in maintaining upward momentum.<BR><BR>While the stock's recent rise can be attributed to short-term gains and increased trading activity, the overall long-term outlook remains concerning due to significant declines in operating profit and consistent underperformance against benchmarks over the past three years.

Which are the latest news on Greenpanel Inds.?