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Prism Cement acquires 50% equity stake in Coral Gold Tiles

04 Nov 2015 Evaluate

Prism Cement has acquired 50% equity stake in Coral Gold Tiles, Morbi, a company in the business of manufacturing Ceramic Wall Tiles. Accordingly, Coral Gold Tiles has become a joint venture of the company with effect from November 04, 2015.

With this, the capacity for ceramic/vitrified tiles of the H & R Johnson (India) division of the company along with its joint ventures and subsidiaries will increase to over 58 million m² per annum. Leveraging on the Johnson brand and Coral’s local expertise and manufacturing capacity, both partners will take advantage of the joint venture to further their business interests.

Prism Cement is one of India’s leading integrated building materials companies; with a wide range from cement, ready-mixed concrete, tiles, bath products to kitchens.

Prism Johnson Share Price

122.10 1.85 (1.54%)
24-Jun-2026 11:05 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11406.75
Ambuja Cements 425.00
ACC 1345.00
Shree Cement 25812.15
Dalmia Bharat 1715.75
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