Fundamental Radar: 5 factors to drive 14% sales CAGR for Hindware Home: Sandeep RainaHindware expanded its addressable market to Rs 50,000 crore in 2022 from Rs 4,000 crore in 2012 by extending its established brand ‘Hindwar...
30 Jan, 2024, 10.00 AM IST
Warburg Pincus buys bathroom fittings major WatertecThe US based private equity fund Warburg Pincus has signed an agreement to acquire a majority stake in Watertec India. Watertec (India) is ...
28 Jun, 2023, 01.09 AM IST
Warburg Pincus, Kedaara in talks to acquire WatertecWatertec (India) Pvt Limited was set up in 1997 as a three-way joint venture among Coimbatore-based UMS Group, Watertec Malaysia and Sri La...
17 Apr, 2023, 07.33 AM IST
Companies eye bathware business. Is it really a lucrative option?The bathware business has been on the radar of various real estate allied industry players for diversification prospects. Market giants suc...
30 Aug, 2022, 01.41 PM IST
Sanitaryware stocks have seen a correction. Is it a dip before the rise?The ceramic companies’ stocks had risen significantly after the pandemic, as there was a surge in the real estate market and government spe...
22 Mar, 2022, 10.19 AM IST
Asian Granito to fund expansion via Rs 500-crore rights issueUnder this expansion, the company plans to set up three manufacturing units at an investment of around ₹300 crore in luxury surfaces and ba...
22 Mar, 2022, 06.33 AM IST
Vijay Kedia likely exited these two companies in December quarterKedia's name was missing from the key shareholders' list of Cera Sanitaryware and Elecon Engineering Company. Vijay Kedia held 1,35,306 equ...
19 Jan, 2022, 12.36 PM IST
Ceiling fans are ushering in the winds of change at the heart of Indian ceramic industryHome to 225 ceramic units, Thangadh as an industrial town has seen the most flourishing business in manufacturing and exporting sanitarywar...
31 Oct, 2019, 04.02 PM IST
Sanitaryware industry urges government to cut GST, encourage hygieneThe manufacturers hoped that the Union Budget, which is slated to be presented on Friday, would pave the way for the GST Council to take th...
03 Jul, 2019, 01.32 PM IST
HSIL eyes doubling building product sales to Rs 2,000 cr in 5 yearsSanitaryware manufacturer HSIL is looking to double sales to Rs 2,000 crore from its building product division in the next five years.
13 Dec, 2015, 12.31 PM IST
- CCI rejects complaint against Hindustan Sanitaryware
CCI has rejected allegations of unfair business practices made against HSIL with regard to a dealership in Madhya Pradesh.
16 Sep, 2015, 08.20 PM IST
- H&R Johnson eyes 40% growth in bath-fittings business
H&R Johnson expects a 40% y-o-y growth in its bath-fittings and sanitary-ware biz over the next 3-yr period, a senior company official toda...
19 Oct, 2012, 09.45 PM IST
- Somany signs up to acquire 26% equity stake in VTPL
The stock rose to Rs 47.80 on Thursday from Wednesday's close of Rs 45.45 and was trading at Rs 46.90.
13 Oct, 2011, 11.56 AM IST
- Hindustan Sanitaryware eyes 2 firms in Europe
Hindustan Sanitaryware & Industries (HSIL), which sells its products under Hindware brand, is eyeing acquisitions in Europe
16 Aug, 2008, 12.04 AM IST
- Hindustan Sanitaryware aims Rs 2,500 cr turnover by 2013-14
The Somany Group flagship company Hindustan Sanitaryware is planning a major expansion of glass and ceramic sanitaryware divisions, besides...
14 Aug, 2008, 04.31 PM IST
- Hindustan Sanitaryware up 3% on expansion plan
Hindustan Sanitaryware & Industries has proposed to expand its container glass division for manufacturing glass bottles and jars at a new l...
17 Sep, 2007, 10.26 AM IST
- Sparkling Success
Recognising a market opportunity and addressing it has been the beginning of many entrepreneurial ventures.
12 Jun, 2007, 12.55 AM IST