KAJARIA CERAMICS LTD.
NSE : KAJARIACERBSE : 500233ISIN
CODE : INE217B01036Industry : Ceramics/Marble/Granite/SanitarywareHouse
: Kajaria Ceramics
BSE1161.90-19.05 (-1.61 % )
PREV CLOSE (Rs.) 1180.95
OPEN PRICE (Rs.) 1199.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 10412
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE1160.20 -20.3 (-1.72 % )
PREV CLOSE(Rs.) 1180.50
OPEN PRICE (Rs.) 1182.40
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 1160.20 (2 )
VOLUME 317021
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 08-May-2024 | LTIMindtree, Kajaria Ceramics and Piramal Pharma to see some action today | <p style="text-align: justify;"><b>LTIMindtree </b>has collaborated with IBM to establish a global, joint Generative AI Center of Excellence (CoE) in India, a co-innovation center combining the power of the IBM watsonx AI and data platform and the engineering skills of LTIMindtree. Open innovation drives the growth of enterprise AI technology, helping organizations apply AI-infused solutions to solve business challenges. It is this same open innovation which plays a key role in the LTIMindtree and IBM collaboration.</p><p style="text-align: justify;"><b>Kajaria Ceramics</b> has received approval for a project to set up a manufacturing facility of tiles adhesive at Gailpur (Rajasthan), having annual capacity of 36000 tonnes with an estimated project cost of Rs 15 crore. The company already has presence in the tile adhesive segment through outsourcing model. The Company is now setting up its own manufacturing facility for the same. The Board of Directors of the Company at their meeting held on May 7, 2024, has approved the same.</p><p style="text-align: justify;"><b>Piramal Pharma</b>'s Consumer Products Division (CPD) has launched its new digital campaign for 'Polycrol,' its trusted antacid brand, featuring actor, Jisshu Sengupta as the brand ambassador. This collaboration marks a significant milestone in Polycrol's journey to redefine the narrative surrounding digestive wellness. With a rich legacy spanning over four decades, Polycrol has earned the trust and confidence of millions, establishing itself as the go-to solution for those seeking quick and long lasting relief from acidity.</p><p style="text-align: justify;"><b>Avantel </b>has received a purchase order worth of Rs 4.26 crore from Mazagon Dock Shipbuilders. The said order is to be executed by November 2, 2024. Recently, the company had received a purchase order worth of Rs 2.29 crore from Bharat Electronics</p><p style="text-align: justify;"><b>InterGlobe Aviation </b>(IndiGo) has unveiled additional flights between Delhi and Phuket, Thailand, starting from June 01, 2024. Responding to the growing demand from business and leisure travellers, the airline is doubling its current frequency from 7 to an impressive 14 flights per week. With the advantage of visa-free entry to Thailand, these additional flights will boost travel, trade, and tourism between both nations, thereby fostering stronger bilateral ties.</p><p style="text-align: justify;"><b>Bharti Airtel</b> has deployed additional sites in Haora and Hugli Districts under its rural enhancement project. In this year alone, Airtel has doubled down on its commitment to the states and has invested additional capex to enhance its network connectivity for seamless experience on 4G, 5G, Broadband and Fiber. The addition of fresh fiber capacity will support the growth of demand for high-speed data services in these regions.</p><div style="text-align: justify;"><b>Dr. Reddy's Laboratories</b> has reported results for fourth quarter (Q4) ended March 31, 2024. The company has reported 53.90% rise in its net profit at Rs 1,034.80 crore for the quarter under review as compared to Rs 672.40 crore for the same quarter in the previous year. Total income of the company increased by 13.89% at Rs 5,317.50 crore for Q4FY24 as compared Rs 4,668.80 crore for the corresponding quarter previous year. On consolidated basis, the company has reported 36.42% rise in its net profit at Rs 1,309.80 crore for fourth quarter ended March 31, 2024 as compared to Rs 960.10 crore for the same quarter in the previous year. Total income of the company increased by 13.29% at Rs 7,311.30 crore for Q4FY24 as compared Rs 6,453.70 crore for the corresponding quarter previous year.</div> |
| 07-May-2024 | Kajaria Ceramics gets nod to set up manufacturing facility for tiles adhesive in Rajasthan | <p style="text-align: justify;">Kajaria Ceramics has received approval for a project to set up a manufacturing facility of tiles adhesive at Gailpur (Rajasthan), having annual capacity of 36000 tonnes with an estimated project cost of Rs 15 crore. The company already has presence in the tile adhesive segment through outsourcing model. The Company is now setting up its own manufacturing facility for the same.</p><p style="text-align: justify;">The Board of Directors of the Company at their meeting held on May 7, 2024, has approved the same.</p><p style="text-align: justify;">Kajaria Ceramics is the largest manufacturer of ceramic/vitrified tiles in India.</p><div style="text-align: justify;"><br></div> |
| 07-May-2024 | Kajaria Ceramics reports 6% fall in Q4 consolidated net profit | <p style="text-align: justify;">Kajaria Ceramics has reported results for fourth quarter (Q4) and year ended March 31, 2024.</p><p style="text-align: justify;">The company has reported 1.05% fall in its net profit at Rs 95.23 crore for the quarter under review as compared to Rs 96.24 crore for the same quarter in the previous year. However, total income of the company increased by 2.19% at Rs 1,128.38 crore for Q4FY24 as compared Rs 1,104.16 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the company has reported 5.80% fall in its net profit at Rs 104.27 crore for fourth quarter ended March 31, 2024 as compared to Rs 110.69 crore for the same quarter in the previous year. However, total income of the company increased by 3.54% at Rs 1,258.26 crore for Q4FY24 as compared Rs 1,215.24 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">For the year ended March 31, 2024, the company has reported 10.76% rise in net profit at Rs 381.45 crore as compared to Rs 344.39 crore for the previous year. Total income of the company increased by 3.73% at Rs 4,171.58 crore for year under review as compared to Rs 4,021.46 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the company has reported 24.83% rise in its net profit at Rs 432.16 crore as compared to Rs 346.20 crore for the previous year. Total income of the company increased by 4.74% at Rs 4,624.66 crore for year under review as compared to Rs 4,415.55 crore for year ended March 31, 2023.</p> |
| 07-May-2024 | Appointment of Director | Inter alia, approved:- 1. Recommended a final dividend of Rs. 6/- per equity share of face value of Re. 1/- each for the financial year ended March 31, 2024. The said final dividend, if approved by the members of the Company at the ensuing Annual General Meeting (?AGM?) of the Company, will be paid/dispatched within 30 days of its declaration at the said AGM of the Company. 2. Approved increase in the limits of investment in Kajaria Plywood Private Limited (?KPPL?), a wholly-owned subsidiary company, from Rs. 115 crores to Rs. 125 crores, in one or more tranches, through subscription of securities of KPPL and/or granting of loan to KPPL, subject to compliance of applicable laws. 3. Approved increase in the limits of investment in Keronite Tiles Private Limited (?KTPL?), from Rs. 50 crores to Rs. 65 crores, in one or more tranches, through subscription/acquisition of securities of KTPL and/or granting of loan to KTPL, subject to compliance of applicable laws. 4. Recommended appointment and continuation of Mr. Rajender Mohan Malla as an Independent Director of the Company and to hold the office of the Independent Director of the Company after attaining the age of seventy five years, to the members of the Company for their approval through postal ballot. 5. Recommended continuation of Mr. Dev Datt Rishi to hold the office of the Non- executive Director of the Company after attaining the age of seventy five years, to the members of the Company for their approval through postal ballot. 6. Approved a project to set up a manufacturing facility of tiles adhesive at Gailpur (Rajasthan), having annual capacity of 36000 tonnes with an estimated project cost of Rs. 15 crores. |
| 25-Apr-2024 | Kajaria Ceramics informs about disclosure | <div>Kajaria Ceramics has informed that the exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Norges Bank.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div> |
| 29-Feb-2024 | Kajaria Ceramics informs about disclosure | <p style="text-align: justify;">Kajaria Ceramics has informed that the exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chetan Kajaria.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div><br></div> |
| 01-Feb-2024 | Kajaria Ceramics gets nod to invest upto Rs 30 crore in Kajaria Ultima | <p style="text-align: justify;">Kajaria Ceramics has received approval for Investment in Kajaria Ultima (‘KUPL') upto Rs 30 crore, in one or more tranches, through subscription/acquisition of shares of KUPL and/or granting of unsecured loan(s) to KUPL, to make KUPL as a wholly-owned subsidiary of the Company. The Board of Directors of the Company at its meeting held on January 31, 2024, has approved the same. </p><p style="text-align: justify;">Kajaria Ceramics is the largest manufacturer of ceramic/vitrified tiles in India.</p> |
| 01-Feb-2024 | Kajaria Ceramics gets nod to invest upto Rs 50 crore in Keronite Tiles | <p style="text-align: justify;">Kajaria Ceramics has received approval for Investment in Keronite Tiles (‘KTPL') upto Rs 50 crore, in one or more tranches, through subscription/acquisition upto 90% shares of KTPL and/or granting of unsecured loan(s) to KTPL. The objective of investment is to carry on the manufacturing of Glazed Vitrified Tiles. The Board of Directors of the Company at its meeting held on January 31, 2024, has approved the same.</p><p style="text-align: justify;">Kajaria Ceramics is the largest manufacturer of ceramic/vitrified tiles in India.</p> |
| 31-Jan-2024 | Kajaria Ceramics informs about investors release | <div style="text-align: justify;">Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kajaria Ceramics has informed that it enclosed an Investors' Release dated January 31, 2024, specifying the summary of financial performance and other developments for the quarter/nine months ended December 31, 2023.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 31-Jan-2024 | Kajaria Ceramics informs about outcome of board meeting | <div style="text-align: justify;">Pursuant to the provisions of the Listing Regulations, Kajaria Ceramics has informed that the Board of Directors of the Company at their meeting held today, commenced at 12.30 pm and concluded at 1.45 pm, have considered and approved, the followings: 1) The Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter/nine months ended December 31, 2023. The Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter/nine months ended December 31, 2023, prepared in terms of Regulation 33 of the Listing Regulations together with Limited Review Reports of the Statutory Auditors of the Company are enclosed. 2) Investment in Kajaria Ultima (‘KUPL') upto Rs. 30 crores, in one or more tranches, through subscription/acquisition of shares of KUPL and/or granting of unsecured loan(s) to KUPL, to make KUPL as a wholly-owned subsidiary of the Company. Details pursuant to Regulation 30 of the Listing Regulations are given in Annexure-A. 3. Investment in Keronite Tiles (‘KTPL') upto Rs 50 crores, in one or more tranches, through subscription/acquisition up to 90% shares of KTPL and/or granting of unsecured loan(s) to KTPL. Details pursuant to Regulation 30 of the Listing Regulations are given in Annexure-B.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
