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Cera Sanitaryware jumps 7.5% to hit a record high; Up 19.7% this month so far

Shares of Cera Sanitaryware climbed 7.52% to mark a new all-time high in Monday’s trade.  

The stock has been on a strong bull run ever since the company announced its December quarter earnings on February 02.

The company reported a 30% jump in its consolidated net profit at 57 crore compared to 44 crore in the year-ago quarter.

The consolidated revenue from operations during the quarter stood at 458 crore, growing by 13.36% as against 404 crore in the year-ago period.

The total operating profit during the quarter came in at 75 crore, an increase of 12% from 67 crore, while the operating profit margin came in flat at 16% in Q3FY23.

The company’s EPS improved to Rupees 43.38 in Q3FY23 from Rupees 33.25.

Since its Q2 announcement, the stock has soared from Rupees 5,343 apiece to its current level of Rupees 6,398, generating a fabulous return of 19.74%.  

In the last one year, the stock has returned nearly 54%.

Furthermore, the stock has risen 205% since its all-time low of Rupees 2,091 per share.

The stock opened strongly in today's session at Rupees 5,966 apiece, up Rupees 16 from its previous closing price of Rupees 5,950.

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Maintaining their bullish trend, Shares of Cera Sanitaryware climbed 7.52% to hit an all-time high of ₹6,398. apiece. Since its Q2 announcement on February 02, the stock has soared from ₹5,343 to its current level of ₹6,398, generating a fabulous return of 19.74%.

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Cera Sanitaryware jumps 7.5% to hit a record high; Up 19.7% this month so far

Maintaining their bullish trend, Shares of Cera Sanitaryware climbed 7.52% to hit an all-time high of ₹6,398. apiece. Since its Q2 announcement on February 02, the stock has soared from ₹5,343 to its current level of ₹6,398, generating a fabulous return of 19.74%.

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