Kajaria Ceramics declines as Westbridge Crossover sells 35.75 lakh shares

22 Sep 2017

Kajaria Ceramics is currently trading at Rs. 731.00, down by 17.75 points or 2.37% from its previous closing of Rs. 748.75 on the BSE.

The scrip opened at Rs. 748.00 and has touched a high and low of Rs. 748.00 and Rs. 725.15 respectively. So far 22632 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 787.55 on 10-May-2017 and a 52 week low of Rs. 437.30 on 30-Dec-2016.

Last one week high and low of the scrip stood at Rs. 768.00 and Rs. 707.00 respectively. The current market cap of the company is Rs. 11631.08 crore.

The promoters holding in the company stood at 47.39%, while institutions and non-institutions held 29.29% and 23.32% respectively.

Westbridge Crossover Fund LLC FDI has sold 35.75 lakh shares of Kajaria Ceramics. The fund house has offloaded these shares at Rs 722.62 on the NSE on September 20, 2017.

Earlier, Westbridge Crossover Fund LLC has sold 8 lakh shares of Kajaria Ceramics at Rs 670 on the BSE on August 24, 2017.

Kajaria Ceramics is the largest ceramic floor and wall tile manufacturer in India. The company has an in-house research and development facility that focuses on developing new designs and creating cost effective products.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323