Kajaria Ceramics Ltd
KAJARIACER

664.35

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Turnover (lac)
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Day's Vol.(shares)

662.55

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Accumulate
Reco. Price
Rs 670.00
We recommend ACCUMULATE on account of revenue growth driven by government's effort to push affordable housing. Further, GST implementation, anti-dumping duty, and capacity expansion will aid revenue growth. The stock is trading at ~28.5x P/E on FY19E earnings. (Target Price- Rs.725)
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50 DMA (.)
589.77
100 DMA (.)
553.23
200 DMA (.)
588.65
Weekly Range (.)
651.00
671.65
Monthly Range (.)
552.55
676.00
52 Weeks Range (.)
437.35
742.00
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