Somany Ceramics issues commercial paper worth Rs 50 crore

21 Dec 2017 Evaluate

Somany Ceramics has issued commercial paper of Rs 50 crore value dated December 20, 2017 having maturity on March 15, 2018. The aforesaid issuance of commercial paper is to reduce high interest bearing cash credit limits and in turn reducing cost of borrowing.

Somany Ceramics is a pioneering manufacturer, supplier and exporter of Floor Tiles, Wall Tiles, Sanitary Ware including urinals, basins, etc. Somany strives to bring its customers floor, wall, vitrified, ceramic, porcelain and innovative tiles that are the very latest in the world.

Somany Ceramics Share Price

658.90 50.40 (8.28%)
19-Mar-2024 16:59 View Price Chart
Peers
Company Name CMP
Kajaria Ceramics 1186.00
Somany Ceramics 658.90
Cera Sanitaryware 6632.60
Asian Granito India 58.65
Pokarna 444.00
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