Cera Sanitaryware Ltd. News and Updates

Name: Latest research reports of Cera Sanitaryware Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Cera Sanitaryware Ltd.
Rating: 4
Author: ICICI Securities Limited

Keep track of all breaking news on Cera Sanitaryware Ltd. from all sources in a single place.

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Cera Sanitaryware Ltd.

10 May 2023

5471.50

-3.65%

to see Rapid results content

Cera Sanitaryware Ltd.

03 Apr 2023

5471.50

-3.65%

Cera Sanitaryware: A steady wealth compounder for long-term investors

Moneycontrol

The resilience in operational performance through various business cycles reflects strong execution capabilities of the management

Cera Sanitaryware Ltd. has an average target of 8334.20 from 5 brokers.

Cera Sanitaryware Ltd.

29 Mar 2023

5471.50

-3.65%

Demand and margin outlook remains healthy

Accumulate: Cera Sanitaryware Ltd.

ICICI Securities Limited

We recently interacted with the management of Cera Sanitaryware (CRS). Following are the key takeaways: 1) Demand scenario remains healthy for core categories of sanitaryware and faucetware with both being driven by residential housing and home improvement markets primarily from tier 2 and below cities.

Cera Sanitaryware Ltd. is trading below all available SMAs

Cera Sanitaryware Ltd.

24 Feb 2023, 12:00AM

5471.50

-3.65%

Demand trends remain healthy

Accumulate: Cera Sanitaryware Ltd.

Recommendation

ICICI Securities Limited

Our interaction with dealers and industry participants indicates that demand trends for Cera Sanitaryware’s (CRS) core products (faucetware, sanitaryware) remain healthy in Q4FY23-TD. Demand continues to be driven by traction in the residential housing and home improvement markets.

Cera Sanitaryware Ltd. is trading below all available SMAs

Cera Sanitaryware Ltd.

10 Feb 2023

5471.50

-3.65%

Buy Cera Sanitaryware; target of Rs 7222: Anand Rathi

Moneycontrol

Anand Rathi is bullish on Cera Sanitaryware has recommended buy rating on the stock with a target price of Rs 7222 in its research report dated February 03, 2023.

Cera Sanitaryware Ltd. has an average target of 8334.20 from 5 brokers.

Cera Sanitaryware Ltd.

06 Feb 2023

5471.50

-3.65%

Good performance; outlook remains healthy

Buy: Cera Sanitaryware Ltd.

Target

ICICI Securities Limited

Cera Sanitaryware (CRS) reported in-line standalone revenue growth of 17.8% YoY in Q3FY23 with sanitaryware / faucetware revenues growing 19% / 12% YoY, while tile revenues grew 34% YoY on a low base.

Cera Sanitaryware Ltd.'s price crossed below 50Day SMA today

Cera Sanitaryware Ltd.

04 Feb 2023

5471.50

-3.65%

Continued growth momentum on the back of steady demand environment

Buy: Cera Sanitaryware Ltd.

Target

Bonanza

Cera Sanitaryware has delivered a robust quarter reporting a Revenue growth of 18% YoY and PAT higher by 33% on YoY basis driven by a healthy demand environment which was aided by sustained interest from customers to improve and upgrade their homes.

Cera Sanitaryware Ltd. has an average target of 8334.20 from 5 brokers.

Cera Sanitaryware Ltd.

02 Feb 2023

5471.50

-3.65%

Cera Sanitary Standalone December 2022 Net Sales at Rs 455.80 crore, up 17.78% Y-o-Y

Moneycontrol

NULL

Cera Sanitaryware Ltd.'s price crossed below 50Day SMA today

Cera Sanitaryware Ltd.

02 Feb 2023

5471.50

-3.65%

to see Rapid results content

Cera Sanitaryware Ltd.

09 Dec 2022

5471.50

-3.65%

Demand environment steady

Buy: Cera Sanitaryware Ltd.

ICICI Securities Limited

We reiterate our BUY rating on Cera Sanitaryware (CRS) driven by the sustained healthy demand environment aided by pick-up in the residential housing market as well as in home improvement market.