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Kajaria Ceramics is currently trading at Rs. 1186.00, up by 8.75 points or 0.74% from its previous closing of Rs. 1177.25 on the BSE.

The scrip opened at Rs. 1157.25 and has touched a high and low of Rs. 1200.45 and Rs. 1157.25 respectively. So far 24656 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1279.95 on 21-Sep-2022 and a 52 week low of Rs. 898.00 on 24-Jun-2022.

Last one week high and low of the scrip stood at Rs. 1200.45 and Rs. 1124.55 respectively. The current market cap of the company is Rs. 18877.02 crore.

The promoters holding in the company stood at 47.49%, while Institutions and Non-Institutions held 43.14% and 9.37% respectively.

Kajaria Ceramics has received approval for investment of upto Rs 367.50 lakh in equity shares of Sunsure Solarpark Two for solar power captive consumption as required under the provisions of the Electricity Act, subject to applicable laws. The objective of acquisition is to reduce the power cost of Sikandrabad (U.P.) Plant, by way of shifting towards the solar power energy which is cost effective and environment friendly. Thus, as per the Electricity Act, the Company, being captive user, needs to make investment in Sunsure. 

Moreover, the company has also received approval to increase limits of investments in Kajaria Plywood (KPPL), a wholly-owned subsidiary company, from Rs 60 crore to Rs 70 crore, in one or more tranches, through subscription of equity shares of KPPL and/or granting of unsecured loan to KPPL. The objective of acquisition is to meet the operational expenses and working capital needs of KPPL. The Board of Directors of the Company at their meeting held on May 16, 2023 has approved the same. 

Kajaria Ceramics is the largest manufacturer of ceramic/vitrified tiles in India.