Cera Sanitaryware plans to invest Rs 140 crore in manufacturing facility at Gujarat

01 Oct 2012

Cera Sanitaryware, the third largest sanitary ware maker in India, is planning to invest Rs 140 crore in its manufacturing facility in Kadi in Mehsana district of Gujarat, to enhance capacity. As per the plan it will spend Rs 100 crore to increase production of range of wall and vitrified tiles from the present 2.7 million to 3 million pieces and another Rs 40 crore for manufacturing faucets from 2,500 to 5,000 pieces per day at the facility.

The company has achieved a 42% growth in wellness products in the first quarter and is targeting a 50% growth to achieve a sales turnover of Rs 501 crore by the end of the current fiscal. The sales turnover last year was Rs 320 crore.

Related Cera Sanitaryware Ltd. Links:

Cera Sanitaryware Share Price

3925.00 -124.10 (-3.06%) Mar 05, 16:51
1 Year Price Chart
Company Name CMP
Kajaria Ceramics 992.10
HSIL 176.55
Somany Ceramics 442.60
Asian Granito India 179.85
Cera Sanitaryware 3925.00
View more..
Sensex vs Cera Sanitaryware
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323