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Stock Check: Kajaria Ceramics is on a sweet spot amid real-estate revival, says Nuvama; sets record high target price
Stock Check: Nuvama Institutional Equities retains a ’buy’ rating on Kajaria Ceramics, raising the target price to ₹1,754. The brokerage anticipates 10–12% volume growth in FY25E, driven by real estate recovery, with projected revenues of ₹6.75 billion from bathware by FY27.
Stock Check: Nuvama Institutional Equities retains a ’buy’ rating on Kajaria Ceramics, raising the target price to ₹1,754. The brokerage anticipates 10–12% volume growth in FY25E, driven by real estate recovery, with projected revenues of ₹6.75 billion from bathware by FY27.
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