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...
Exxaro’s IPO looks aggressively priced given its small size and intense competitionIn FY21, the company's revenue grew by 6 per cent to Rs 255 crore while net profit rose by 36 per cent to Rs 15.2 crore. Its top line is sm...
‘GCC anti-dumping levy may dull growth for tile makers’The brokerage has maintained a hold rating on Kajaria Ceramics and a buy rating on Somany Ceramics.
Shares of tile makers surge after anti-dumping duty on Chinese importsShares of tile makers were in the limelight on Tuesday as the government’s move to impose anti-dumping duty on vitrified tiles from China b...
Revision in contract between RasGas and Petronet to benefit tile makers like Kajaria and PrismPrice revision of these contracts could lead to EBITDA or operating profit margin expansion by 100-400 basis points (1-4%).
Nitco Q4 net profit at Rs 45 croreThe company had posted net loss of Rs 56.93 crore during the January-March quarter of the previous fiscal, 2013-14.
Sanitary ware companies bet big on PM Narendra Modi’s Swach Bharat schemeSanitary ware and ceramic tile makers have much to cheer from Prime Minister Narendra Modi's Swach Bharat programme.
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 plans to set up greenfield plants in MPThe company already has a plant at Samalkot in Seemandhra. "We are evaluating options in states like MP and Chhattisgarh to set up a greenf...
- Somany Ceramics Q3 net up 72.51 per cent at Rs 8.16 crore
Somany Ceramics reported a 72.51 per cent rise in its net profit at Rs 8.16 crore for the quarter ended December 31, 2012, mainly on accoun...
- 'Ceramic tiles makers may slow down Rs 3,000 crore investment'
Ceramic tiles makers may be forced to go slow on the planned investments due to lack of govt support for their infra needs, ICCTAS said.
- Kajaria Ceramics Q1 net up 53 pc at Rs 17.36 cr
Kajaria Ceramics today posted a 53 per cent increase in its consolidated net profit at Rs 17.36 crore for the quarter ended June 30, 2011 a...
- H&R Johnson plans to invest Rs 100 crore in tiles plant
Tile maker H&R Johnson plans to invest Rs 100 crore in setting up a new floor tiles plant in Rajkot and in expanding the existing units ove...
- Somany Ceramics ties up with Keraben
Leading tile maker Somany Ceramics has entered into a joint venture with Italy-based Keraben to launch 'Synergy Brands' in India.
- Nitco Tiles eyes stake in Chinese tile maker
Building materials supplier Nitco Tiles Ltd plans to spend $25-30 million to acquire stake in a Chinese tile manufacturer within the next t...
- Ceramic tile makers look to Middle East
Morbi 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...