Somany Ceramics Stocks: Buy Somany Ceramics; Target price Rs 896: ICICI Securities | Techno Glob


Call buy on Somany Ceramics with a target price of Rs 896. Current market price. 518.65 rupees.

Established in 1968, Somany Ceramics Ltd. is a Small Cap company (market cap Rs 2201.23 crore) operating in the construction materials sector.

Ltd. Key product/revenue segments for the year ending 31-Mar-2022 include ceramic floor and wall tiles; other operating income; Includes scrap and export incentives.

Finance

For the quarter ended 30-09-2022, the company posted a total revenue of Rs 620.67 crore; Last quarter’s total revenue was up 10.22% from Rs 563.10 crore and 9.94% from last year’s same quarter total revenue of Rs 564.56 crore. The company reported a net profit after tax of Rs 11.69 crore in the last quarter.


Promoter/FII Holdings
Promoters hold 54.78 per cent stake in the company as on 30-Jun-2022, while FIIs hold 2.43 per cent; DII owns 20.44 percent.

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