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The Board of Kajaria Ceramics at its meeting held on 28 August 2023 has approved increase in the limits of investment by the Company in Kajaria International DMCC (U.A.E.) [Kajaria International], a wholly-owned subsidiary company, from Rs. 5 crore to Rs. 15 crore, in one or more tranches, through subscription of shares of Kajaria International andor granting of unsecured loan to Kajaria International, subject to compliance of applicable laws.

Board of Kajaria Ceramics increases limit of investment in subsidiary 

Geojit recommended accumulate rating on Kajaria Ceramics with a target price of Rs 1610 in its research report dated August 16, 2023.

Accumulate Kajaria Ceramics; target of Rs 1610: Geojit

Motilal Oswal is bullish on Kajaria Ceramics recommended buy rating on the stock with a target price of Rs 1580 in its research report dated July 26, 2023.

Buy Kajaria Ceramics; target of Rs 1580: Motilal Oswal

Sharekhan is bullish on Kajaria Ceramics has recommended buy rating on the stock with a target price of Rs 1600 in its research report dated July 26, 2023.

Buy Kajaria Ceramics; target of Rs 1600: Sharekhan

Kajaria Ceramic Standalone June 2023 Net Sales at Rs 964.42 crore, up 5.52% Y-o-Y

Kajaria Ceramic Consolidated June 2023 Net Sales at Rs 1,064.23 crore, up 5.56% Y-o-Y

This revival in tile stocks can be attributed to the optimistic outlook regarding the future surge in real estate demand.

Tile stocks bounce back strong on softening fuel costs and high housing demand

Margins have improved on a drop in natural gas prices as well as a pick-up in demand in the tile industry. The stock has gained 11.63 percent this year

Kajaria Ceramics trades higher, firm invests in power generator

In Q4 FY23, ceramic firms a 9-10 percent sequential growth in volumes on demand for home improvement and a pick-up in construction activity in February and March

Ceramic stocks rally, Kajaria up most in 6 months

In the March quarter of FY23, most midcap companies witnessed significant margin expansion sequentially as high-cost raw material inventory was liquidated and commodity prices softened. Read on find Jefferies' picks

Nifty Midcap 100 at a new high. Which stocks should you to bet on?

Kajaria Ceramics Ltd. is a holding company, which engages in the manufacture and trade of ceramic wall and floor tiles, as well as polished and glazed vitrified tiles. It operates through Tiles, and Others segments. The Tiles segment involves in manufacturing and trading of ceramic and vitrified wall, and floor tiles. The Others segment manufactures sanitaryware and faucet and trading of plywood and block board. The company was founded by Ashok Kumar Kajaria on December 20, 1985 and is headquartered in New Delhi, India.

Watchers	39
52-Wk Low	1,006.50
52-Wk High	1,523.80

Market Cap	215.67B
Volume (M)	87,357.00
52-Wk High	1,523.80
52-Wk Low	1,006.50

KAJARIACER.NSE Kajaria Ceramics Ltd.

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