 "cash, currency, notes, funds, investment, shares, growth, profit, loss, tax, money, income, earnings")
The stock of Kajaria Ceramics is up 26 per cent over the past month on expectations of better-than-expected earnings growth — led by volume recovery, steady prices, and falling costs. Brokerages had cut their revenue and earnings estimates after the June quarter results, which saw volumes and revenue fall over 60 per cent.
Analysts at ICICI Securities believe sales have recovered up to 90 per cent in July and August from the year-ago period. They believe growth momentum in the tiles sector may continue in the near term with metros and tier-1 cities set to further open up after the September
