Kajaria Ceramics Share Price Target

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Check out latest news on Kajaria Ceramics and with the help of it predict Kajaria Ceramics stock price target.

Kajaria is expecting to report its Q2 number and market is expecting Kajaria to report 10% growth in its volume. Sharekhan expects that company to report net profits at Rs. 69 crore up by 27.8% yoy. Net sales are expected to increase by 9.1% yoy to Rs. 791 core.

Kajaria Ceramics recently announced that its wholly-owned subsidiary Kajaria Tiles has started commercial production of tiles on 29 September 2019 at its manufacturing facility situated near Srikalahasti, Andhra Pradesh. Its capacity will be 5 million square metres (MSM) tiles per annum. Company reported its Q1 numbers and reported a profit of Rs. 51.01 rose by 11.9% and an increase in its net sales to Rs. 699.99. Kajaria Ceramics is the largest manufacturer of ceramic/vitrified tiles in India.