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MORBI TILE EXPORTS
Morbi's ceramic Kilns blaze again as fuel supply crisis easesWith the dust settling from the Iran war, Morbi's ceramic industry has emerged from its hiatus, bringing workers back to the bustling facto...- MSMEs to bear bigger hit than large firms from West Asia conflict: CrisilThe ongoing crisis in West Asia has struck a harsh chord for Indian small enterprises, leaving them vulnerable to significant setbacks. Ant...
- From factory floors to design studios: How India’s ceramic industry in Morbi is reinventing itselfIndia's ceramic tile industry, particularly in Morbi, is shifting from a volume-focused model to prioritizing design, quality, and global a...
- DFS is seeking lender data on war-hit SMEsPeople familiar with the matter told ET that banks have been asked to provide details on sectors affected, like the Morbi-based ceramics in...
- West Asia war: Morbi-Thangadh ceramic clusters gasp for gas, units shut, losses mountSince the beginning of the war, these two clusters are struggling due to a shortage of propane, with many units closing shops.
- Indian tile makers feel heat of Mideast war energy crunchBlazing-hot kilns in India's $6.5 billion ceramics manufacturing hub employing hundreds of thousands of people have gone cold, shut down in...
- As Iran Israel crisis clouds outlook for tile makers, what is next for Cera, Kajaria, Somany after 26% slide?Tile makers are facing production disruptions as the Iran Israel crisis triggers gas shortages in Morbi, forcing several plant shutdowns. W...
- India's ceramics and tiles industry faces shutdown as Middle East conflict disrupts fuelMorbi's massive ceramics industry is in crisis. Fuel shortages are forcing factories to halt production. Exports to the Middle East have st...
- Buy Somany Ceramics, target price Rs 730: HDFC SecuritiesHDFC Securities recommends buying Somany Ceramics, setting a target price of Rs 730 as its current price is Rs 403.1. The building material...
- Buy Somany Ceramics, target price Rs 660: HDFC SecuritiesHDFC Securities recommends buying Somany Ceramics with a target price of Rs 660. Despite challenges from low-priced competitors and volatil...
- ‘Morbi’ effect: Anand Mahindra shares how Indian ‘bahubali’ businesses can compete with ChinaAnand Mahindra has praised Morbi in Gujarat for its booming ceramic industry. Morbi produces 90% of India's ceramics and 13% of the world's...
- Fear of coming change in US sends shock waves down Morbi's famed tiles clusterTiles companies allege that a minimum of 25% of US orders have been suspended, with potential for further halts following the petition for ...
- Morbi's ceramic industry puts glaze on Gujarat growth story, set for further growth: Industry experts"In the run up to the Vibrant Gujarat Global Summit 2024, the state government has organised the Vibrant Gujarat-Vibrant District event. Th...
- Down 10% YTD but Jefferies’ bullish target suggests 71% upside for this stockIn its base case scenario, Jefferies expects the company to clock a consolidated revenue growth of 17 per cent compounded annually over FY2...
- Buy Kajaria Ceramics, target price Rs 1310: HDFC SecuritiesKajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 17351.65 Crore) operating in Building...
- IT dept claims multi-crore tax evasion after raids on Gujarat diamond groupThe searches were launched on September 22 at 23 premises of the group, which is also in tiles manufacturing business, at Surat, Navsari, M...
- Ceramics stocks likely to continue outperformanceWhile shares of Pokarna more than tripled in the last two years, Somany Ceramics and Kajaria Ceramics have more than doubled. Cera Sanitary...
- Rise in commodity prices could hit midcap cos' marginsThe brokerage is most bullish on Crompton Consumer, Supreme Industries and Kajaria Ceramics due to their notable growth catalysts, robust m...
- Intelligence units suspect banks’ role in Morbi money launderingCentral Excise Intelligence has written to the Financial Intelligence Unit suggesting that banks may have been involved in facilitating the...
- Ceramic tile makers look to Middle EastMorbi is engulfed. After emerging as a clock and tile hub for the country, the ceramic town is taking a stride towards the Middle East whic...
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