Somany Ceramics

Building material players take a demand, margin hit in June quarter

Slowdown in construction activity, high inventory levels and cost spike key negatives

Somany Ceramics aims 27% growth in turnover at Rs 2,700 cr this fiscal

The industry is passing through a "bad phase" due to rise in natural gas prices, a company official said on Wednesday.

Near-term pain to hit paint, cement stks; long-term outlook robust: Experts

Analysts have downgraded the related sectors, and have cut earnings estimates for FY23 and FY24 factoring the near-term challenges

Somany Ceramics surges 12%, hits 52-week high on strong Q4 results

The revenues during the quarter under review grew 58.8 per cent year-on-year (YoY) to Rs 562 crore from Rs 354 crore on the back of strong volumes

Ceramic tiles makers in focus; Kajaria, Cera Sanitaryware hit 52-week highs

Ceramic tiles companies reported resilient Q2FY21 reported numbers as organised tiles players exhibited stronger recovery back to pre-Covid volumes

Somany Home Innovation eyes up to 35% growth in business this fiscal

SHIL, which operates under segments such as consumer appliances, home retail solutions and furniture and kitchen fittings business, had reported a revenue of Rs 451.44 crore in FY 2019-20

Will recover to pre-Covid levels only in FY22, says Somany Group

While for SHIL, 98 per cent of business comes directly from consumers, for HSIL, 30 per cent of the business is dependent on large institutional buyers like builders, hospitals, hotels, among others

Sebi exempts Somany Ceramics promoter trusts from making open offer

As per the regulatory norms, the proposed acquisition will attract the obligation to make open offer under the Takeover Regulations.

Somany Ceramics surges on raising short term debt

The stock surged 17% to Rs 559 on the BSE in intra-day trade on back of heavy volumes.

Somany Ceramics Q2 net doubles to Rs 23 cr

Income from operations up 11% to Rs 464 cr

Somany Ceramics Q1 net jumps 71% to Rs 17.9 crore

However, shares of the comapny closed 3.98% lower at Rs 600 apiece on BSE

Somany Ceramics hits 52-week high on strong Q4 results

The stock rallied 15% to Rs 495 on the BSE after reporting 76% YoY growth in net profit at Rs 26 crore for Q4FY16.

Somany Ceramics Q4 net surges 76% to Rs 26 cr

Full year profit up 38% to Rs 61 cr