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Sandeep Chopra• 5d ago
Kajaria Ceramics' joint venture, KRTL, has established a new subsidiary in Nepal named KIPL. The investment of INR 62.5 lakh made by Kajaria Ceramics indirectly gives them a 50% stake in the new company.
Kajaria Ceramics' joint venture, KRTL, has established a new subsidiary in Nepal named KIPL. The investment of INR 62.5 lakh made by Kajaria Ceramics indirectly gives them a 50% stake in the new company.
Investment firm Prabhudas Lilladher suggests purchasing shares in Kajaria Ceramics, with the current stock price at around ₹990 as of April 1, 2026. This recommendation indicates a positive outlook for the company's future performance.
Kajaria Ceramics anticipates a growth of 7-8% in Q4 this year, driven by price increases. Their improved market share from production cuts seems to be a significant factor. The company expects operating margins to reach 17-18% by FY26.