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BATHWARE MARKET IN INDIA
India open to more shape, colour in bathware: David Kohler, CEO, Kohler Co.Bathware giant Kohler plans to invest at least $100 m over the next decade in the country, where it expects bathrooms to evolve with smart ...
Varmora promoters buy back 2% stake from CarlyleVarmora Granito promoters have bought back a 2% stake from private equity investor Carlyle Group. This move signals confidence ahead of the...
JM Financial initiates coverage on 3 plastic pipes stock, predicts up to 27% upsideJM Financial initiates coverage on four Indian plastic piping companies—Supreme Industries, Astral, Prince Pipes, and Plastic Pipes—project...
Varmora Granito files IPO papers with Sebi; eyes Rs 400 cr via fresh issueVarmora Granito Ltd, a tiles and bathware manufacturer, has filed for an IPO with Sebi to raise funds through a fresh issue of shares worth...
This pipe manufacturer stock gave 20.4% returns in the past year; know why analysts are bullishPrince Pipes and Fittings is focusing on cost reduction initiatives, value-added products and improving the return ratios for sustainable g...
Saurabh Mukherjea picks two new smallcap stocks, exits pharma companyPDS, which acts as a link between retailers & brands in the West and small garment manufacturers in the Far East, has seen its share prices...
Demand from real estate should start coming in next two months: Ashok KajariaThe biggest advantage we have now compared to our competitors is we have started using biofuel from December 2022 and so the cost of fuel, ...
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 ...
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...
Buy Prince Pipes & Fittings, target price Rs 707: ICICI SecuritiesThe brokerage tweaks its PAT estimates for FY23-FY25E by ~1% and maintain BUY rating with a revised Mar’24Etarget price of Rs707 (earlier: ...
Buy Prince Pipes & Fittings, target price Rs 705: HDFC SecuritiesPrince Pipes & Fittings, incorporated in the year 1987, is a Small Cap company (having a market cap of Rs 6489.96 Crore) operating in Plast...
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...
Carlyle to buy minority stake in bathware company Varmora for $100 millionEstablished in 1994, Varmora is a founder-led company. It aims to leverage the partnership with Carlyle to enhance its investments in brand...
Carlyle acquires significant minority stake in Ahmedabad-based Varmora GranitoEstablished in 1994, Varmora is a founder-led company and leading and fast-growing tile and bathware brand in India. Varmora aims to levera...
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...
Stocks in the news: Airtel, NTPC, Raymond, L&T and Tata PowerL&T Construction, the construction infrastructure arm of L&T, has won a significant order from Delhi Metro Rail Corporation to design and c...
'Even during the pandemic, we never had to run our business with zero revenue'Brilloca Ltd's Sandip Somany and Sudhanshu Pokhriyal talk about overcoming challenging times.
Somany Ceramics adds a dash of style at T2, Mumbai Airport.
Tiles maker RAK India plans to go publicRAK India, domestic arm of UAE-based tiles maker RAK Ceramics, is planning to go public through an initial public offering when market cond...
RAK Ceramics in talks for acquisition in MorbiRAK Ceramics, is considering buying a tile manufacturer in Morbi. The acquisition is pegged at Rs 100 crore.