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ManufacturingMedium impactAfter close

Iran-Israel crisis impacts Indian tile makers' outlook

after close1 source ↓written by the desknot a recommendation

of tile plants
90-95%
drop
26%
to offset production
₹25 to ₹85 per sqm

The ongoing Iran-Israel crisis has led to fuel shortages in Morbi, causing shutdowns at 90-95% of tile plants. Major players like Cera Sanitaryware, Somany Ceramics, and Kajaria Ceramics have seen stock prices drop up to 26%. Analysts suggest organized firms may raise prices by ₹25 to ₹85 per sqm to offset production costs, as gas accounts for 20-25% of expenses.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 12 Mar 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

CERA closed −3.1% on the day of the news, from ₹4,667.90 to ₹4,524.30; Nifty −2.1% over the same session.

Bulletin at 16:03 IST on 12 Mar 2026. Every change is measured from ₹4,667.90, the last close before it, on 12 Mar. Nifty 50 is measured over the same sessions.

  • CERA close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
CERA closes around the bulletin against the close before the news, with Nifty 50 rebased to it419446685142axis spans 23%before the news · 12 Mar4668Nifty 50CERAbulletinD0+1+3+56 Mar18 Mar30 MarReference close ₹4,667.90. 16 sessions from 6 Mar to 30 Mar; the price axis spans 23 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before12 Mar₹4,667.90basebase
On the day13 Mar₹4,524.30▼ −3.1%▼ −2.1%−1.0 pp difference
+1 session16 Mar₹4,580.90▼ −1.9%▼ −1.0%−0.9 pp difference
+3 sessions18 Mar₹4,982.10▲ +6.7%▲ +0.6%+6.1 pp difference
+5 sessions20 Mar₹4,753.70▲ +1.8%▼ −2.2%+4.1 pp difference
Gap at the open, % · ₹
▼ −1.1%−52.28 on 13 Mar
Day's range, % · ₹
3.0%≈ 140 high to low
Volume on the day
0.86×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · CERA on the desk →

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