New Delhi, March 3 -- Shares of Greenply Industries will remain in focus on Wednesday, March 4, after the company said that the Income Tax (I-T) department has conducted search and seizure operations at its premises.

Greenply Industries share price ended Monday's session 5% lower at Rs.209.85 apiece on BSE amid a broader weakness in the Indian stock market, during which the benchmark closed over 1% lower.

In an exchange filing on Tuesday, Greenply said that the search and seizure operations, which began on February 26, were conducted at the company's registered office and several other premises, including its manufacturing unit and that of Greenply Sandila Pvt. Ltd., a wholly owned subsidiary. The search and seizure concluded in the lat...