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MORBI CERAMIC ORGANISATION
Construction costs up 25% since global conflicts began, developers flag material shortages: CREDAIConstruction costs have surged over 25 percent due to global conflicts. Supply chain issues, labor shortages, and rising material prices ar...
Digital lenders wary of small biz; Mythos’ biggest security riskHappy Tuesday! Digital lending firms are turning cautious on term loan exposure to small businesses. This and more in today’s ETtech Mornin...
DPIIT rolls out multi-sectoral regulatory relaxations to bolster industrial supply chainsThe Department for Promotion of Industry and Internal Trade is ensuring continuous supply of fuel, gas, and essential raw materials. Measur...
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...
MRPL and CPCL set to report strong Q3 results amid rising global rates: Yogesh PatilContainer freight rates are still much-much higher as compared to the last year. Thirdly, credit period crunch is also one more issue based...
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...
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...
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...
Will building material stocks emerge new comeback kidsShares of building materials companies have rallied between 15 per cent and 80 per cent in the last three months. Despite this rally, many ...
Supreme Industries, Kajaria & V-Guard Jefferies’ top midcaps of 2020Midcaps in 2020 will be driven by government’s efforts to boost demand, said Jefferies.
Tile industry stands out in crowd; should you lean in?Ceramic tiles industry is likely to register a double-digit volume growth by FY20.
1 year of GST: Sectors that still await benefit on analysts’ radarThe biggest disappointment from GST has been for the building material sectors, like ceramics.
Somany Ceramics' first plant in Andhra Pradesh to be ready in DecemberThe company plans to launch over 100 franchise showrooms across the country by end of this year.
After 1,100% jump in 5 years, this stock is projected to rise 20% moreBrokerages such as Edelweiss Securities call it a ‘multi-storied’ compelling growth story.
Green shoots of GST benefits in building materials; go grabMarket experts say the ongoing quarter will be soft for building material companies.
Gujaratis rule SME platform, Delhiites at rock bottomGujarat is followed by Maharashtra with 22 SME IPOs and Rs 257.10 crore of fund mobilisation.
Ceramic industry to double turnover to Rs 50,000 crore by 2020To attract more business and global customers, Gujarat- based Morbi Ceramic Cluster, a leading player, is organising the second edition of ...
It'd be good even if 3-4% of gas comes under the purview of GST: Abhishek Somany, Somany CeramicsThe anti-dumping was put in recently but the govt has allowed most manufacturers to bring in material from China so many of the guys are ex...
GST will benefit Kajaria and all other organised players: Ashok Kajaria, CMD, Kajaria CeramicsWe are looking at where we should be at a market share of about 14 per cent, that is our vision for the next five years, said Kajaria.
Narendra Modi blasts 'mute' PM, says both UPA & rupee have lost valueNarendra Modi continued his tirade against Prime Minister Manmohan Singh over the falling rupee, saying both he and the rupee have turned '...