Ceramic Products
Ceramics/Tiles/Sanitaryware
from 508 today
Somany Ceramics reported a strong 1QFY27 performance with revenue/tiles volume growth of 24%/3% YoY, supported by improved realizations, favorable product mix, and resilient volumes despite supply disruptions in Morbi. We maintain BUY with a revised target price of INR 660 based on a PE multiple of 16x 1HFY29 EPS.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
