Kajaria is the largest tile manufacturer in India and leads the category in every single parameter -- capacity, production volume, sales figures, variety of designs and of course, the turnover
Orient Bell, Murudeshwar Ceramics, Asian Granito India, Nitco, Kajaria Ceramics and Somany Ceramics were up in the range of 4% to 14% on BSE.
Total expenses during the quarter went up 1.62% to Rs 585.07 crore
The stock dipped nearly 11% to Rs 650 after reported a single digit growth in consolidated net profit at Rs 64 crore for the quarter ended September 30, 2016.
In past nine-months, the stock of Kajaria Ceramics zoomed 69% compared to 5% rise in the Nifty 50 index.