Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
2461.85
Change Change %
30.35 1.25%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
2455.00
Change Change %
26.80 1.10%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Kotak
N/A
04-07-2016 Sell 2400.00 2050.00
N/A
Target Hit Long (1Y)
04-07-2017

Kotak downgrades Cera Sanitaryware to reduce

Kotak has downgraded Cera Sanitaryware to 'reduce' for target price of Rs 2,050 per share. It says Cera Sanitaryware's business is growing, but it is fairly valued. Expect CAGR growth of less than 20 per cent over FY16-19. It adds that current market price reflects much more than Cera's market share as Cera's price to earnings ratio is at 26 times 1 year forward earnings.

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