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Mid Cap : Accumulate Kajaria Ceramics Ltd For Target Rs. 1,610 - Geojit Financial Services Sustained margin improvement intact Kajaria Ceramics Limited manufactures glazed and unglazed ceramic tiles. It sells its products in India and also exports to other countries. • In Q1FY24, its revenue grew 5.6% YoY to Rs. 1,064cr, led by higher sales volume (+7.2% YoY). • EBITDA grew 10.2% YoY to Rs. 169cr, and margin expanded 70 bps YoY to 15.9%. A reduction in fuel and power costs supported EBITDA growth and margin expansion. • Demand growth from September onward...
Mid Cap : Accumulate Kajaria Ceramics Ltd For Target Rs. 1,610 - Geojit Financial Services
Mid Cap : Accumulate Kajaria Ceramics Ltd For Target Rs. 1,610 - Geojit Financial Services
Source: Geojit Financial Services
18/08/2023 3:15:08 PM
Kajaria Ceramics rises on completing expansion cum modernisation of manufacturing facility at Sikanderabad Kajaria Ceramics is currently trading at Rs. 1448.25, up by 11.20 points or 0.78% from its previous closing of Rs. 1437.05 on the BSE. The scrip opened at Rs. 1444.85 and has touched a high and low of Rs. 1468.00 and Rs. 1444.85 respectively. So far 2081 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1489.55 on 20-Jul-2023 and a 52 week low of Rs. 1006.40 on 29-Mar-2023. Last one week high and low of the scrip ...
Kajaria Ceramics rises on completing expansion cum modernisation of manufacturing facility at Sikanderabad
Kajaria Ceramics rises on completing expansion cum modernisation of manufacturing facility at Sikanderabad
Source: Accord Fintech
11/08/2023 3:17:27 PM
India`s Kajaria Ceramics beats Q1 profit estimates on stronger demand India's top tilemaker Kajaria Ceramics reported a better-than-expected first-quarter profit on Wednesday, as sustained demand for home fixtures offset higher costs. The company said its consolidated net profit rose more than 16% to 1.08 billion rupees ($13.17 million) in the quarter ended June 30. Analysts on average were expecting a profit of 1.05 billion rupees, according to Refinitiv IBES data. Demand for tiles and other home fixtures has risen in the country amid increasing p...
India`s Kajaria Ceramics beats Q1 profit estimates on stronger demand
India`s Kajaria Ceramics beats Q1 profit estimates on stronger demand
Source: Reuters
26/07/2023 4:03:56 PM
Buy Kajaria Ceramics Ltd For Target Rs.1680 - ICICI Direct Poised for a heathy Growth and margin expansion! About the stock: Kajaria Ceramics is the largest manufacturer of ceramic/vitrified tiles in India with current annual capacity of 84.5 mn. sq. meters (MSM) as of FY23 • Apart from completed capex of | 250 crore on tiles, it is adding 2.4 MSM brownfield capex in Sikandrabad and setting up a plant of 5.1 MSM in Nepal in JV.   Key Investment Thesis: • Healthy Tiles volume growth with supportive catalyst: The management h...
Buy Kajaria Ceramics Ltd For Target Rs.1680 - ICICI Direct
Buy Kajaria Ceramics Ltd For Target Rs.1680 - ICICI Direct
Source: ICICI Direct
16/07/2023 9:56:44 AM
Buy Kajaria Ceramics Ltd For Target Of Rs. 1459 - Religare Securities Mixed performance; positive future outlook; Maintain Buy   Steady revenue growth: Kajaria Ceramics posted steady revenue growth 9.4% YoY and 10.4% QoQ largely driven by strong demand and improvement in volumes. Its production volumes came in at 20.54 MSM which grew by 13% YoY and 0.2% QoQ while its sales volumes stood at 28.02 MSM and grew by 7.9% YoY and 10.1% QoQ. For FY23, its revenue too witnessed strong growth of 18.3% and sales and products volumes increase of 11% YoY and 16....
Buy Kajaria Ceramics Ltd For Target Of Rs. 1459 - Religare Securities
Buy Kajaria Ceramics Ltd For Target Of Rs. 1459 - Religare Securities
Source: Religare Broking Ltd
7/06/2023 4:48:50 PM
ADD Kajaria Ceramics Ltd For Target Rs.1,357 - Yes Securities Ltd Expect 12% volume growth, Upgrade to ADD Result Synopsis Kajaria Ceramics Ltd (KJC), reported decent volume growth of 10%YoY & 8%QoQ to 28.02msm (2-year CAGR stood at 2%). Own-manufacturing (54% of vols) grew by 5%YoY & 9%QoQ, JVs (22% of vols) increased by 62%YoY & 17%QoQ. Outsourcing vols (24% of vols) registered a decline of 13%YoY & a growth of 8%QoQ. In terms of revenue, tiles (90% of total revenue) reported a growth of 8%YoY & 10%QoQ, Sanitaryware biz registere...
ADD Kajaria Ceramics Ltd For Target Rs.1,357 - Yes Securities Ltd
ADD Kajaria Ceramics Ltd For Target Rs.1,357 - Yes Securities Ltd
Source: Yes Securities Ltd
2/06/2023 2:33:59 PM
Buy Kajaria Ceramics Ltd For Target Rs.1,300 - JM Financial Institutional Securities Kajaria Ceramics’ (KJC) 4QFY23 tiles volume performance was in line with JMFe, whereas EBITDA /PAT was 6%/10% above JMFe (5%/9% above BBRG consensus)). Tile revenue grew 8% YoY/ 10% QoQ (+9% 4-year CAGR), largely led by growth in volume (+8% YoY/10% QoQ; +6% 4-year CAGR) on account of demand improvement during Jan-Feb’23 after a weak Oct-Nov’22 . Realisation was flat YoY /QoQ (+4%, 4-year CAGR; in line with JMFe). Softening in gas prices coupled with change in fuel mix (use ...
Buy Kajaria Ceramics Ltd For Target Rs.1,300 - JM Financial Institutional Securities
Buy Kajaria Ceramics Ltd For Target Rs.1,300 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
24/05/2023 1:48:02 PM
Buy Kajaria Ceramics Ltd For Target Rs.1,490 - Motilal Oswal Financial Services Ltd Sustained improvement in market share: Kajaria Ceramics (KJC) is a leading tiles manufacturer in India with ~6% revenue share in the domestic market. It has gained market share steadily underpinned by superior distribution network (7% CAGR over FY12-23), improved geographical reach and premium/new tile launches (~750 SKUs in FY23) * leads to higher volume and revenue share: KJC’s industry volume share to rise to 4.5% in CY22E from 4.2% in CY17; whereas, its revenue share within ...
Buy Kajaria Ceramics Ltd For Target Rs.1,490 - Motilal Oswal Financial Services Ltd
Buy Kajaria Ceramics Ltd For Target Rs.1,490 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
24/05/2023 11:40:48 AM
Kajaria Ceramics gains on getting nod to make investment in Sunsure Solarpark Two 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 s...
Kajaria Ceramics gains on getting nod to make investment in Sunsure Solarpark Two
Kajaria Ceramics gains on getting nod to make investment in Sunsure Solarpark Two
Source: Accord Fintech
16/05/2023 3:11:29 PM
Kajaria Ceramics inches up as its arm executes joint venture agreement with AL Rathath Marble Factory Kajaria Ceramics is currently trading at Rs. 1121.35, up by 2.65 points or 0.24% from its previous closing of Rs. 1118.70 on the BSE. The scrip opened at Rs. 1155.00 and has touched a high and low of Rs. 1155.00 and Rs. 1108.10 respectively. So far 1623 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1379.00 on 19-Jan-2022 and a 52 week low of Rs. 886.05 on 09-Mar-2022. Last one week high and low of the scrip st...
Kajaria Ceramics inches up as its arm executes joint venture agreement with AL Rathath Marble Factory
Kajaria Ceramics inches up as its arm executes joint venture agreement with AL Rathath Marble Factory
Source: Accord Fintech
16/12/2022 10:57:35 AM
Mid Cap : Accumulate Kajaria Ceramics Ltd For Target Rs. 1,180 - Geojit Financial Services Margins to improve in 2H23 Kajaria Ceramics Ltd manufactures glazed and unglazed ceramic tiles. The company sells its products in India and abroad. * Net sales grew 10.7% YoY to Rs. 1,078cr in Q2FY23, owing to higher prices. Profit after tax stood at Rs. 74cr, down from Rs. 116cr in Q2FY22. * EBITDA margin narrowed 650bps YoY to 12.0%, primarily due to a significant increase in gas costs. * The company had a weak quarter due to higher gas costs and subdued demand. The management e...
Mid Cap : Accumulate Kajaria Ceramics Ltd For Target Rs. 1,180 - Geojit Financial Services
Mid Cap : Accumulate Kajaria Ceramics Ltd For Target Rs. 1,180 - Geojit Financial Services
Source: Geojit Financial Services Ltd
10/11/2022 12:26:13 PM
Buy Kajaria Ceramics Ltd For Target Rs.1,312 - ICICI Securities Margins to improve in H2 on softening of fuel prices Kajaria Ceramics (KJC) reported in-line consolidated Q2FY23 revenue growth of 10.7% YoY led by 9.9% YoY increase in tile business realisation while volumes remained flat YoY, due to a high base (3-year CAGR of 8%). EBITDA margin declined 653bps YoY primarily due to higher power and fuel costs (+655bps YoY) resulting in EBITDA/APAT decline of 28.3%/37.6% YoY. Management stated demand conditions were subdued during Q2FY23 and the trend has...
Buy Kajaria Ceramics Ltd For Target Rs.1,312 - ICICI Securities
Buy Kajaria Ceramics Ltd For Target Rs.1,312 - ICICI Securities
Source: ICICI Securities Ltd
4/11/2022 2:12:05 PM
Stock Picks - Tata Motors Ltd and Kajaria Ceramics Ltd By ICICI Direct Tata Motors Ltd Buy Tata Motors Ltd @ 399-401 CMP 396.10 Stop Loss 395.80 Target 404/408   Kajaria Ceramics Ltd Buy Kajaria Ceramics Ltd @ 1118-1122 CMP 1115.95 Stop Loss 1108.70 Target 1130.50/1141.00   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631 ...
Stock Picks - Tata Motors Ltd and Kajaria Ceramics Ltd By ICICI Direct
Stock Picks - Tata Motors Ltd and Kajaria Ceramics Ltd By ICICI Direct
Source: ICICI Direct
18/10/2022 10:42:20 AM
Kajaria Ceramics to foray into Nepal in JV Ceramic and vitrified tiles major, Kajaria Ceramics Ltd has decided to foray into Nepal with a manufacturing plant in joint venture with a local partner. The Board of Rs 3,299 crore company on Monday gave its nod to invest Rs 125 crore (50 per cent of the project cost) in a company to be incorporated in Nepal. The investment will be by way of equity and/or loan, for establishing a manufacturing facility in Nepal partnering with various individuals affiliated with Ramesh Corp, Nepal. ...
Kajaria Ceramics to foray into Nepal in JV
Kajaria Ceramics to foray into Nepal in JV
Source: IANS
3/10/2022 3:28:37 PM
Kajaria Ceramics rises on incorporating wholly-owned subsidiary Kajaria Ceramics is currently trading at Rs. 1223.95, up by 24.00 points or 2.00% from its previous closing of Rs. 1199.95 on the BSE. The scrip opened at Rs. 1220.00 and has touched a high and low of Rs. 1235.35 and Rs. 1203.45 respectively. So far 3171 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1379.00 on 19-Jan-2022 and a 52 week low of Rs. 886.05 on 09-Mar-2022. Last one week high and low of the scrip s...
Kajaria Ceramics rises on incorporating wholly-owned subsidiary
Kajaria Ceramics rises on incorporating wholly-owned subsidiary
Source: Accord Fintech
20/09/2022 3:31:28 PM
Buy Kajaria Ceramics Ltd For Target Rs.1355 - ICICI Direct Fundamental View: Kajaria Ceramics (KAJCER) * Kajaria is the largest manufacturer of ceramic/vitrified tiles in India with current annual capacity of 82.8 million square metre (MSM). It has clocked 7.8%, 8.3% revenue, PAT CAGR, respectively, in FY17-22. Going forward, Kajaria is likely to benefit with growing tiles demand in the domestic market (to improve 5-6% during FY23) driven by revived consumer sentiments, improved real estate demand in Tier-II, III cities and upped reconstruction/re...
Buy Kajaria Ceramics Ltd For Target Rs.1355 - ICICI Direct
Buy Kajaria Ceramics Ltd For Target Rs.1355 - ICICI Direct
Source: ICICI Direct Ltd
16/09/2022 11:21:10 AM
Kajaria Ceramics trades in green on the bourses Kajaria Ceramics is currently trading at Rs. 1189.05, up by 21.75 points or 1.86% from its previous closing of Rs. 1167.30 on the BSE. The scrip opened at Rs. 1170.00 and has touched a high and low of Rs. 1200.95 and Rs. 1170.00 respectively. So far 7112 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1379.00 on 19-Jan-2022 and a 52 week low of Rs. 886.05 on 09-Mar-2022. Last one week high and low of the scrip s...
Kajaria Ceramics trades in green on the bourses
Kajaria Ceramics trades in green on the bourses
Source: Accord Fintech
18/08/2022 12:52:12 PM
Kajaria Ceramics soars on getting nod to acquire 51% stake in South Asian Ceramic Tiles Kajaria Ceramics is currently trading at Rs. 1104.00, up by 31.00 points or 2.89% from its previous closing of Rs. 1073.00 on the BSE. The scrip opened at Rs. 1088.60 and has touched a high and low of Rs. 1109.65 and Rs. 1058.55 respectively. So far 5551 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1379.00 on 19-Jan-2022 and a 52 week low of Rs. 886.05 on 09-Mar-2022. Last one week high and low of the scrip s...
Kajaria Ceramics soars on getting nod to acquire 51% stake in South Asian Ceramic Tiles
Kajaria Ceramics soars on getting nod to acquire 51% stake in South Asian Ceramic Tiles
Source: Accord Fintech
22/07/2022 12:28:38 PM
Buy Kajaria Ceramics Ltd For Target Rs.1,310 - JM Financial Institutional Securities Decent quarter amid challenges Kajaria Ceramics (KJC) delivered better-than-expected earnings in 1QFY23 as Revenue/EBITDA/PAT was 4%/15%/13% above JMFe respectively (2%/10%/ 9% above BBRG consensus). Tile revenue grew 12% (on 3-year CAGR basis) led by volume /realisation (+6% each) while bathware (+20%) and Plywood (+36%) continued to perform well. EBITDA margin at 15.2% was up 20bps QoQ as higher gas cost inflation was more than offset by modest hike in realisation (+2% QoQ) and lower A&a...
Buy Kajaria Ceramics Ltd For Target Rs.1,310 - JM Financial Institutional Securities
Buy Kajaria Ceramics Ltd For Target Rs.1,310 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
22/07/2022 12:23:36 PM
Buy Kajaria Ceramics Ltd For Target Rs.1,238 - SKP Securities Company Background Kajaria Ceramics Limited (Kajaria), promoted by Mr. Ashok Kajaria in 1985, is the largest player in India’s Ceramic Tiles industry with ~12% market share, under “KAJARIA” brand. It has a combined manufacturing capacity of 82.8 MSM which includes its own manufacturing facilities in UP and Rajasthan and its JV manufacturing partners. It also sells tiles outsourced from Morbi, Gujarat and manufactures sanitaryware and bathware (faucets) through JV partners...
Buy Kajaria Ceramics Ltd For Target Rs.1,238 - SKP Securities
Buy Kajaria Ceramics Ltd For Target Rs.1,238 - SKP Securities
Source: SKP Securities Ltd
21/05/2022 9:17:33 AM
Buy Kajaria Ceramics Ltd For Target Rs.1,200 - JM Financial Services Muted quarter; guidance intact Kajaria Ceramics (KJC) delivered muted earnings in 4QFY22 as tile volume grew 2% YoY (+ 1% QoQ, +5% 3-year CAGR), 3% below JMFe, and EBITDA margin contracted 500bps YoY (-200bps QoQ, 120bps below JMFe) on account of rising input costs and delay in price hikes. EBITDA/PAT were11%/22% below JMFe (12%/20% below BBRG consensus). The management continues with its bullish guidance of c.15-20% volume growth and 20-25% overall revenue growth on the back of market sha...
Buy Kajaria Ceramics Ltd For Target Rs.1,200 - JM Financial Services
Buy Kajaria Ceramics Ltd For Target Rs.1,200 - JM Financial Services
Source: JM Financial Services Ltd
19/05/2022 11:22:24 AM
Kajaria Ceramics zooms on getting nod to acquire additional stake in Kajaria Plywood Kajaria Ceramics is currently trading at Rs. 966.05, up by 22.95 points or 2.43% from its previous closing of Rs. 943.10 on the BSE. The scrip opened at Rs. 935.70 and has touched a high and low of Rs. 972.50 and Rs. 932.45 respectively. So far 4488 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1379.00 on 19-Jan-2022 and a 52 week low of Rs. 886.05 on 09-Mar-2022. Last one week high and low of the scrip stood ...
Kajaria Ceramics zooms on getting nod to acquire additional stake in Kajaria Plywood
Kajaria Ceramics zooms on getting nod to acquire additional stake in Kajaria Plywood
Source: Accord Fintech
18/05/2022 12:36:32 PM
Kajaria Ceramics gains on completing expansion of Rajasthan, Andhra Pradesh facilities Kajaria Ceramics is currently trading at Rs. 943.15, up by 0.95 points or 0.10% from its previous closing of Rs. 942.20 on the BSE. The scrip opened at Rs. 968.90 and has touched a high and low of Rs. 968.90 and Rs. 920.00 respectively. So far 6064 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1379.00 on 19-Jan-2022 and a 52 week low of Rs. 876.85 on 17-May-2021. Last one week high and low of the scrip stood a...
Kajaria Ceramics gains on completing expansion of Rajasthan, Andhra Pradesh facilities
Kajaria Ceramics gains on completing expansion of Rajasthan, Andhra Pradesh facilities
Source: Accord Fintech
17/05/2022 3:09:47 PM
Buy Kajaria Ceramics Ltd For Target Rs.1,495 - ICICI Securities Volume growth remains strong, outlook bright Kajaria Ceramics (KJC) has reported Q3FY22 revenue growth of 27.4% YoY led by tile volume growth of 13.5% YoY, in-line with estimates. EBITDA margin continued to remain healthy at 17.2% (-133bps QoQ, marginally lower than our estimates) despite higher power & fuel cost resulting in EBITDA/PAT growth of 1.1%/2.6% YoY, respectively. Management has maintained its guidance of tile volume CAGR of 15% and operating margin of ~18% over the next thr...
Buy Kajaria Ceramics Ltd For Target Rs.1,495 - ICICI Securities
Buy Kajaria Ceramics Ltd For Target Rs.1,495 - ICICI Securities
Source: ICICI Securities Ltd
4/02/2022 10:31:36 AM
Buy Kajaria Ceramics Ltd For Target Rs.1,454 - SKP Securities Company Background Kajaria Ceramics Limited (Kajaria), promoted by Mr. Ashok Kajaria in 1985, is the largest player in India’s Ceramic Tiles industry with ~12% market share, under “KAJARIA” brand. It has a combined manufacturing capacity of 70.4 MSM which includes its own manufacturing facilities in UP and Rajasthan and its JV manufacturing partners. It also sells tiles outsourced from Morbi, Gujarat and manufactures sanitaryware and bathware (faucets) through JV partners...
Buy Kajaria Ceramics Ltd For Target Rs.1,454 - SKP Securities
Buy Kajaria Ceramics Ltd For Target Rs.1,454 - SKP Securities
Source: SKP Securities Ltd
29/01/2022 9:59:05 AM
Mid Cap : Accumulate Kajaria Ceramics Ltd For Target Rs.1,400 - Geojit Financial Growing volumes despite industry slowdown Kajaria Ceramics limited manufactures glazed and unglazed ceramic tiles. The company sells its products in India and it also exports them to other countries. * During Q3FY22, revenues grew 27.4% YoY (+9.7% QoQ), driven by robust sales volumes (+13.5% YoY to 25.6 MSM). * Resultantly, EBITDA rose 1.1% YoY to Rs. 184cr, despite margin contracting 450bps YoY to 17.2% on account of higher power and fuel costs (+69.6% YoY) and cost of raw materials...
Mid Cap : Accumulate Kajaria Ceramics Ltd For Target Rs.1,400 - Geojit Financial
Mid Cap : Accumulate Kajaria Ceramics Ltd For Target Rs.1,400 - Geojit Financial
Source: Geojit Financial Services Ltd
28/01/2022 1:42:48 PM
Hold Kajaria Ceramics Ltd For Target Rs.1370 - ICICI Direct Gas price rise risk remains… About the stock: Kajaria Ceramics is the largest manufacturer of ceramic/vitrified tiles in India with current annual capacity of 70.4 mn. square metre. * Apart from earlier announced capex of | 250 crore on tiles in FY22, it is adding 5 MSM greenfield GVT capacity in FY23 (revenue potential - | 400 crore) & | 80 crore capex in sanitaryware segment   Q3FY22 Results: Mixed Bag results with higher volume growth but lower margins. * Top...
Hold Kajaria Ceramics Ltd For Target Rs.1370 - ICICI Direct
Hold Kajaria Ceramics Ltd For Target Rs.1370 - ICICI Direct
Source: ICICI Direct
28/01/2022 9:47:33 AM
Stock of the week - Kajaria Ceramics Limited For Target Rs.1442 By GEPL Capital Kajaria Ceramics Observation * KAJARIACER on the higher time frame can be seen forming a higher high higher low pattern since May 2020. During this entire phase the prices managed to sustain above the 20 Week SMA. * On the weekly charts we can see that the prices have been moving higher for the past 3 weeks after bouncing off the 1045 mark (Breakout) level. * On the daily time frame we can see that the prices has been riding the upper Bollinger for the past couple of sessions...
Stock of the week - Kajaria Ceramics Limited For Target Rs.1442 By GEPL Capital
Stock of the week - Kajaria Ceramics Limited For Target Rs.1442 By GEPL Capital
Source: GEPL Capital
20/12/2021 11:27:41 AM
Buy Kajaria Ceramics Ltd For Target Rs. 1185 - ICICI Direct Strong growth ahead… About the stock: Kajaria Ceramics is the largest manufacturer of ceramic/vitrified tiles in India with current annual capacity of 70.4 million square metre (MSM). * The company has announced a large capex of | 250 crore (seeing strong demand and higher utilisation) in FY22, which will increase its overall capacity by 18% and generate ~| 500 crore worth of additional revenue   Q1FY22 Results: Kajaria reported weak Q1FY22 sequential results as expect...
Buy Kajaria Ceramics Ltd For Target Rs. 1185 - ICICI Direct
Buy Kajaria Ceramics Ltd For Target Rs. 1185 - ICICI Direct
Source: ICICI Direct
7/08/2021 11:28:24 AM
Small Cap : Accumulate Kajaria Ceramics Ltd For Target Rs.1,110 - Geojit Financial Volume growth aids topline; Outlook positive Kajaria Ceramics limited manufactures glazed and unglazed ceramic tiles. The company sells its products in India and it also exports them to other countries. * During Q4FY21, revenues grew 46.1% YoY (+13.6% QoQ), driven by robust sales volumes (+39.2% YoY to 25.4 MSM). * EBITDA surged 104.5% YoY to Rs. 191cr, with margin expanding 570bps YoY to 20.0% on account of lower input cost (-530bps YoY) and power and fuel costs (-630bps YoY). Resu...
Small Cap : Accumulate Kajaria Ceramics Ltd For Target Rs.1,110 - Geojit Financial
Small Cap : Accumulate Kajaria Ceramics Ltd For Target Rs.1,110 - Geojit Financial
Source: Geojit Financial Services Ltd
19/06/2021 9:48:20 AM
Stock of the week - Kajaria Ceramics Limited For Target Rs. 1298 By GEPL Capital KAJARIACER Observation * KAJARIACER has been in a strong bullish phase since April 2020. This up move took the prices from 295.55 to 1020 in a span of exactly one year. * On the weekly time frame we can see that the prices entered a corrective phase after testing the high of 1020 in March 2021. This correction halted near 850 levels which is a strong cluster of support zone of 23.6% retracement level of the previous rise from 295-1020, and the 20 week SMA and thereafter the...
Stock of the week - Kajaria Ceramics Limited For Target Rs. 1298 By GEPL Capital
Stock of the week - Kajaria Ceramics Limited For Target Rs. 1298 By GEPL Capital
Source: GEPL Capital Ltd
14/06/2021 1:53:18 PM
Weekly Tech Picks - Tata Steel Ltd, Dr. Reddy's Laboratories Ltd, Kajaria Ceramics Ltd, J.Kumar Infraprojects Ltd - Axis Securities Tata Steel Limited * On the weekly chart, the stock has witnessed “Rounding Bottom” breakout around 1150 levels which signals resumption of the uptrend * Rising volumes on the daily chart, signals increased participation near breakout zone * The stock is strong uptrend as it is Tata Steel Limited Weekly Tech Picks 11 June, 2021 continue to form a series of higher Tops and higher Bottom formation across all the time frames * This buying momentum was observed from 2...
Weekly Tech Picks - Tata Steel Ltd, Dr. Reddy's Laboratories Ltd, Kajaria Ceramics Ltd, J.Kumar Infraprojects Ltd - Axis Securities
Weekly Tech Picks - Tata Steel Ltd, Dr. Reddy's Laboratories Ltd, Kajaria Ceramics Ltd, J.Kumar Infraprojects Ltd - Axis Securities
Source: Axis Securities Ltd
14/06/2021 9:47:46 AM
Buy Kajaria Ceramics Ltd For Target Rs.950 - ICICI Direct Stupendous performance; strong guidance! Kajaria Ceramics performance was strong across topline & bottomline. The sales volumes were up 10.5% YoY at 22.6 MSM, as utilisation got back to full levels coupled with strong outsourced sales driven by robust rebound in demand. The topline was up 13.1% YoY at | 838.4 crore with stable realisations (up 0.3% YoY). Tiles Revenues were up 10.9% YoY at | 758.2 crore. Faucet and Sanitaryware revenues were up 36% YoY at | 67.4 crore. Plywood revenues...
Buy Kajaria Ceramics Ltd For Target Rs.950 - ICICI Direct
Buy Kajaria Ceramics Ltd For Target Rs.950 - ICICI Direct
Source: ICICI Direct
5/02/2021 12:08:50 PM
Buy Kajaria Ceramics Ltd For Target Rs.1,010 - HDFC Securities Galloping ahead We initiate coverage on Kajaria Ceramics (KJC) with a BUY rating and target price of Rs 1,010/sh. Continued focus on premium tiles launches and expanding distribution have helped the company (market leader) double its market share to 10% in the last 10 years. These factors have also boosted KJC’s pricing power, driving its industry-leading margin. KJC has been generating FCF continuously since FY16. We expect it to deliver 13% revenue CAGR during FY20-2...
Buy Kajaria Ceramics Ltd For Target Rs.1,010 - HDFC Securities
Buy Kajaria Ceramics Ltd For Target Rs.1,010 - HDFC Securities
Source: HDFC Securities Ltd
28/01/2021 12:56:14 PM