4 years as shareholder of Greenply Industries

4 years ago I invested in Greenply Industries after my thorough research (and I can’t remember what that research was). Over these 4 years I invested only two times. The result were underwhelming until Greenply spun off the medium density fibreboard (MDF) business into Greenpanel Industries and gave me Greenpanel shares in the ratio 1:1. Last one year of rise is all thanks to Greenpanel’s share price rally.

Return

The sharp uptick in Oct 2019 is due to me getting Greenpanel shares in 1:1 ratio.

Profit

After Jun 2018, I was able to see the worth of my investment in green only after Jan 2021.

XIRR

I think there is some problem with my XIRR formula, seems like if the worth of my investment goes down below a certain mark the XIRR simply calculates to zero.

Update 5-Apr-2021: I was able to figure out the problem with my XIRR and fix it.

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