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    Buy Kajaria Ceramics, target price Rs 1360: HDFC Securities

    Synopsis

    Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 17965.38 Crore) operating in Building Materials sector.

    Kajaria CeramicsIANS
    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.
    HDFC Securities has buy call on Kajaria Ceramics with a target price of Rs 1360. The current market price of Kajaria Ceramics is Rs 1130.15. Time period given by analyst is one year when Kajaria Ceramics Ltd. price can reach defined target.

    Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 17965.38 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 30-06-2022, the company reported a Consolidated Total Income of Rs 1016.31 Crore, down -8.34 % from last quarter Total Income of Rs 1108.78 Crore and up 79.03 % from last year same quarter Total Income of Rs 567.66 Crore. Company reported net profit after tax of Rs 92.96 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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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    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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