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ManufacturingMedium impactAfter close

Kajaria Ceramics faces governance issue from subsidiary fraud

after close1 source ↓written by the desknot a recommendation

at its step-down
₹20 cr fraud
as of FY25
13% of total assets

Kajaria Ceramics reported a ₹20 cr fraud at its step-down subsidiary, Kerovit Global, representing 13% of total assets as of FY25. While this incident raises governance concerns, analysts believe it won't materially impact the company's medium-term earnings or valuation. Management's response is viewed positively, reflecting ongoing improvements in internal controls.

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 24 Dec 2025, 16:15 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

KAJARIACER closed 0.0% on the day of the news, from ₹974.30 to ₹974.50; Nifty −0.4% over the same session.

Bulletin at 16:15 IST on 24 Dec 2025. Every change is measured from ₹974.30, the last close before it, on 24 Dec. Nifty 50 is measured over the same sessions.

  • KAJARIACER close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
KAJARIACER closes around the bulletin against the close before the news, with Nifty 50 rebased to it867.52974.301081axis spans 25%before the news · 24 Dec974.30Nifty 50KAJARIACERbulletinD0+1+3+518 Dec31 Dec9 JanReference close ₹974.30. 16 sessions from 18 Dec to 9 Jan; the price axis spans 25 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 %
Before24 Dec₹974.30basebase
On the day26 Dec₹974.500.0%▼ −0.4%+0.4 pp difference
+1 session29 Dec₹972.60▼ −0.2%▼ −0.8%+0.6 pp difference
+3 sessions31 Dec₹968.50▼ −0.6%▼ −0.1%−0.6 pp difference
+5 sessions2 Jan₹980.85▲ +0.7%▲ +0.7%0.0 pp difference
Gap at the open, % · ₹
▲ +0.5%+4.68 on 26 Dec
Day's range, % · ₹
1.8%≈ 18 high to low
Volume on the day
1.79×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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