Century Plyboards Share Price Gains Over 2% on Commissioning India's Largest Particle Board Plant

Century Plyboards (India) Limited witnessed a 2% surge in share price following the successful commissioning of India's largest particleboard manufacturing plant. The new facility, located in Tamil Nadu, represents a significant milestone for the leading wood panel manufacturer and reinforces its position in the domestic market.

Century Plyboards Commissions India's Largest Particle Board Plant

The company has successfully commissioned its greenfield particleboard manufacturing unit in Tamil Nadu with a daily production capacity of 800 cubic meters. This new facility enhances Century Plyboards' annual production capacity to 2.4 lakh cubic meters, representing a substantial increase from the current 72,000 cubic meters per annum.

The particle board plant, established with an investment of ₹550 crore, spans across 30 acres near Chennai and is strategically located approximately 30 km from the existing factory in Gummidipoondi.

Capacity Expansion and Market Positioning

With this commissioning, Century Plyboards anticipates a significant boost in production capacity, moving from 72,000 cubic meters annually to 2.4 lakh cubic meters. The particle board business has demonstrated strong performance with capacity utilisation recording 101% in FY23 and 102% in FY22.

The new facility is expected to generate direct employment opportunities for more than 300 individuals, contributing to regional economic development while strengthening the company's manufacturing capabilities.

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Strategic Focus on Domestic Market Demand

Initially, the new particleboard plant will focus on catering to robust domestic market demand. The company's strategic expansion aligns with India's growing construction and furniture industry requirements, positioning Century Plyboards to capture increased market share in the organised wood panel sector.

The facility utilises advanced continuous manufacturing technology, ensuring efficient production processes and maintaining quality standards that have established Century Plyboards as a market leader.

Century Plyboards (India) Share Price Performance

On July 24, 2025, Century Plyboards (India) share price opened at ₹732.00 on NSE, above the previous close of ₹728.35. During the day, it surged to ₹754.00 and dipped to ₹726.75. The stock is trading at ₹747.10 as of 2:25 PM. The stock registered a significant gain of 2.57%.

Over the past week, it has moved up by 3.71%, over the past month, it has moved up by 1.02%, and over the past 3 months, it has moved up by 2.41%.

Conclusion

Century Plyboards' commissioning of India's largest particleboard plant with 800 cubic meters daily capacity marks a significant expansion milestone. The 2% share price increase reflects market confidence in the company's strategic growth initiatives, enhanced production capabilities, and strong positioning in India's wood panel manufacturing sector.

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