Buy Kajaria Ceramics, target price Rs 1310: JM Financial

Buy Kajaria Ceramics, target price Rs 1310:  JM Financial

has buy call on with a target price of Rs 1310. The current market price of Kajaria Ceramics is Rs 1111.5. Time period given by analyst is one year when Kajaria Ceramics Ltd. price can reach defined target.
., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 17690.75 Crore) operating in Building Materials sector.

Kajaria Ceramics Ltd. key Products/Revenue Segments include Tiles, Other Operating Revenue and Power for the year ending 31-Mar-2021.


For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 1016.31 Crore, down -8.34 % from last quarter Total Income of Rs 1108.78 Crore and up 79.03 % from last year same quarter Total Income of Rs 567.66 Crore. Company reported net profit after tax of Rs 92.96 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 47.5 per cent stake in the company as of 30-Jun-2022, while FIIs owned 19.58 per cent, DIIs 22.4 per cent.

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