Kajaria Ceramics is currently trading at Rs. 112.95, up by 1.25 points or 1.12% from its previous closing of Rs. 111.70 on the BSE.
The scrip opened at Rs. 113.00 and has touched a high and low of Rs. 113.80 and Rs. 112.80 respectively. So far 1,819 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 121.85 on 04-Nov-2011 and a 52 week low of Rs. 60.80 on 10-Feb-2011.
Last one week high and low of the scrip stood at Rs. 113.90 and Rs. 110.25 respectively. The current market cap of the company is Rs. 831.00 crore.
The promoters holding in the company stood at 53.51% while Institutions and Non-Institutions held 15.79% and 30.70% respectively.
Kajaria Ceramics (KCL), India's largest tile manufacturer has acquired 51% stake in Jaxx Vitrified, based in Gujarat in all cash deal for Rs 6.26 crore. The company has acquired 23.20 lakh equity shares of Rs 10 each for Rs 27 per share. This is the second acquisition by Kajaria Ceramics in the state of Gujarat.
Jaxx has an annual capacity to produce polished vitrified tiles of 3.10 million square meters per annum, the addition of which would take the total annual capacity of Kajaria Ceramics to 33.70 million square meters including 5.40 million capacity of subsidiaries.
Jaxx has a brand new plant which will start the commercial production next month, i.e. in February 2012. This will help Kajaria to reduce import dependence to cater to the western and southern markets to take logistic advantage.
Kajaria Ceramics manufactures more than 400 options of flooring solutions such as wall tiles, floor tiles, vitrified tiles and Spanish and Italian tiles. The tiles major market these products under the brand name Kajaria, Kerrogres, Eternity, Aparici, Saloni ceramica, Ergon and GRESPANIA Ceramica.
| Company Name | CMP |
|---|---|
| Kajaria Ceramics | 1049.00 |
| Somany Ceramics | 593.15 |
| Cera Sanitaryware | 6813.00 |
| Asian Granito India | 62.71 |
| Pokarna | 1290.15 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
