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NSE Jul 30, 2021 15:31 PM
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Kajaria Ceramics Ltd.    
18 Jun 2021
Geojit BNP Paribas
Continued traction seen in export business. Additionally, company is well positioned to pass on the cost inflation to its customers. We expect the domestic business to bounce back as economic activity rises. With an optimistic outlook, we upgrade our rating to ACCUMULATE with revised target price of Rs. 1,110 based on 36x FY23E adj. EPS. Topline growth driven by demand rebound For Q4FY21, Revenue growth surged 46.1% YoY to Rs. 953cr (+13.6% QoQ), primarily led by sales volumes of 25.4 MSM (+39.2% YoY) with urban demand...
Kajaria Ceramics Ltd. has an average target of 953.50 from 8 brokers.
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