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Kajaria Ceramics loses its sheen after block deal

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Capital Market Mumbai

Meanwhile, the BSE Sensex was down 104.42 points or 0.54% at 19,371.58.

On BSE, 2.45 lakh shares were traded in the counter as against average daily volume of 39,834 shares in the past one quarter.

The stock hit a high of Rs 240 and a low of Rs 228.05 so far during the day. The stock had hit a record high of Rs 261.40 on 5 December 2012. The stock had hit a 52-week low of Rs 90.50 on 20 December 2011.

The stock had underperformed the market over the past one month till 19 December 2012, sliding 0.92% compared with the Sensex's 6.2% rise. The scrip had, however, outperformed the market in past one quarter, jumping 31.9% as against Sensex's 5.3% gain.

 

The company has equity capital of Rs 14.72 crore. Face value per share is Rs 2.

Kajaria Ceramics' consolidated net profit jumped 37.8% to Rs 26.54 crore on 22.5% growth in net sales to Rs 388.74 crore in Q2 September 2012 over Q2 September 2011.

Kajaria Ceramics is the largest manufacturer of ceramic/vitrified tiles in India.

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First Published: Dec 20 2012 | 11:32 PM IST

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