Ceramic tiles maker rally; Orient Bell, Asian Granito hit new high

Shares of ceramic tiles maker were in focus in an otherwise range-bound market. Orient Bell, Murudeshwar Ceramics, Asian Granito India, Nitco, Kajaria Ceramics and Somany Ceramics were up in the range of 4% to 14% on BSE. By comparison, the S&P BSE Sensex was up 0.03% at 32,431 at 02:37 PM.

Orient Bell (formerly Orient Ceramics and Industries) has rallied 20% to Rs 375, also its record high on BSE in intra-day trade.

In the past six trading sessions, the stock rallied 38% from Rs 272 on September 11, after the company reported net profit of Rs 24