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The uptick in the stock followed the company's announcement of its financial earnings for the second quarter of the current fiscal year (FY25)
KPR Mill, eClerx, Granules, Cera Sanitaryware and BLS International are the 5 mid- and smallcap stocks that look strong on technical charts and can potentially gain up to 43% from present levels.
Analysts see investors to be out on the tiles
The management said it focused on driving an improved product mix with new products comprising products to aid revenue growth
In past one month, the stock price of Cera has outperformed the market by surging 20 per cent as against an unmoved S&P BSE Sensex.
Expansion plans includes a greenfield sanitaryware plant and a brownfield faucetware unit
Last month, rating agencies Care Ratings and Crisil Ratings had reaffirmed the bank facilities and commercial paper of CSL with a stable outlook
Cera recorded a net sales income of Rs 261 crore in July-September this year as against Rs 232 crore in Q2 during 2015-16