Profit

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

NSE
392.65
Change Change %
-6.50 -1.63%

Updated:25 Sep, 2018, 15:59 PM IST

BSE
392.05
Change Change %
-7.25 -1.82%

Updated:25 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
08-08-2016 Hold 1240.00 1090.00
N/A
Target Hit Long (1Y)
08-08-2017

Religare maintains hold on Kajaria Ceramics

Kajaria Ceramics reported lower-than-expected revenue growth of 8.4 per cent in Q1, with volume growth of 6.2 per cent. Its EBITDA margin expanded by 460 basis points to 21.5 per cent, which was better than estimates. We have increased our earnings estimates for FY17 and FY18 by 2-4 per cent and have revised target price to Rs 1,090 from Rs 990 earlier.

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