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Ceramic tiles makers in focus; Kajaria, Cera Sanitaryware hit 52-week highs

Ceramic tiles companies reported resilient Q2FY21 reported numbers as organised tiles players exhibited stronger recovery back to pre-Covid volumes

These click-n-lock tiles by Welspun Flooring come with anti-microbial features and are grout-free, preventing the accumulation of germs. Source: Welspun
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These click-n-lock tiles by Welspun Flooring come with anti-microbial features and are grout-free, preventing the accumulation of germs. Source: Welspun

SI Reporter Mumbai
Shares of ceramic tiles maker companies were in focus at the bourses on Friday with Kajaria Ceramics and Cera Sanitaryware hitting their respective 52-week highs on the BSE on the back of strong volume recovery.

Cera Sanitaryware rallied 8 per cent to Rs 2,934, while Kajaria Ceramics gained 4 per cent to Rs 600 on the BSE in intra-day trade today. Somany Ceramics, too, surged 8 per cent to Rs 249, trading close to its 52-week high level of Rs 252.85 touched on January 2020. In comparison, the S&P BSE Sensex was down 0.23 per cent at 43,255 points,