Kajaria Ceramics reports strong earnings but stock falls
after close1 source ↓written by the desknot a recommendation
- for Q4
- ₹156.6 cr
- with revenue
- 12.4%
- and EBITDA margins
- ₹1,373 cr
- margins expanding
- 19.2%
- buyback
- ₹297 cr
Kajaria Ceramics reported a profit surge of 262.5% to ₹156.6 cr for Q4, with revenue up 12.4% to ₹1,373 cr and EBITDA margins expanding to 19.2%. Despite announcing a ₹297 cr buyback and ₹6 per share dividend, the stock fell 4.71% to ₹1,171, indicating investor concerns over valuations and market trends.
This reaction suggests that while the company’s fundamentals are strong, market sentiment remains cautious, impacting near-term trading strategies.
Not investment advice. For informational purposes only.