Report
EUR 12.83 For Business Accounts Only

KAJARIA CERAMICS increases its risk exposure and slightly lowers to Neutral

KAJARIA CERAMICS (IN), a company active in the Building Materials & Fixtures industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 4 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date October 29, 2021, the closing price was INR 1,221.25 and its expected value was estimated at INR 1,202.17.
Underlying
Kajaria Ceramics

Kajaria Ceramics Limited. Kajaria Ceramics Limited is a holding company. The Company is a tile company engaged in the manufacturing and trading of ceramics, polished and glazed vitrified tiles. It offers products, including ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, and sanitary ware and faucets. Its glazed vitrified tiles are marketed in metros and urban cities through its network, comprising Kajaria World, Kajaria Galaxy, Kajaria Studio and other multi-brand dealers. Its ceramic wall and floor tile range comprises tiles in various sizes, designs and finishes and caters them to all customer segments. It is engaged in sanitaryware and faucets verticals through its subsidiary, Kajaria Bathware Pvt Ltd. It has an annual aggregate capacity of over 68.6 million square meters, distributed across over nine plants in Uttar Pradesh and Rajasthan; approximately five plants in Gujarat, and over one plant at Vijayawada in Andhra Pradesh.

Provider
TheScreener
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