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Published on 22/09/2020 11:41:51 AM | Source: Sushil Finance Ltd

Update On Kajaria Ceramics Ltd By Sushil Finance

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We had released our initiating coverage report on Kajaria Ceramics Ltd. with a Buy rating on September 07, 2020 at Rs.444 for a target price of Rs.540 showcasing an upside of ~22%. Since our initiating report, the stock has posted a high of Rs.545 thereby achieving our target price. AT CMP, the stock has returned ~20% since our initiation.

With the recent run-up in the share price, our Target Price for the stock is achieved; hence, we now recommend our investors to book profits at the current price as we close our coverage on the company.

 

 

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