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    Buy Kajaria Ceramics, target price Rs 1312: ICICI Securities

    Synopsis

    Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 16645.37 Crore) operating in Building Materials sector

    Kajaria CeramicsIANSHINDI
    Promoters held 47.5 per cent stake in the company as of 30-Jun-2022, while FIIs owned 19.58 per cent, DIIs 22.4 per cent.
    ICICI Securities has buy call on Kajaria Ceramics with a target price of Rs 1312. The current market price of Kajaria Ceramics is Rs 1042.3.

    Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 16645.37 Crore) operating in Building Materials sector.

    Kajaria Ceramics Ltd. key Products/Revenue Segments include Tiles, Other Operating Revenue for the year ending 31-Mar-2022.


    Financials
    For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 1085.39 Crore, up 6.80 % from last quarter Total Income of Rs 1016.31 Crore and up 10.68 % from last year same quarter Total Income of Rs 980.67 Crore. Company reported net profit after tax of Rs 68.89 Crore in latest quarter.


    Promoter/FII Holdings
    Promoters held 47.5 per cent stake in the company as of 30-Jun-2022, while FIIs owned 19.58 per cent, DIIs 22.4 per cent.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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