Sanitaryware

Venus Pipes IPO subscribed 2.3 times on first day of offer, raises Rs 49 cr

The initial public offer of Venus Pipes and Tubes got fully subscribed within the first few hours of opening on Wednesday. It closed with 2.37 times subscription on the first day

Cera to invest Rs 200 crore in sanitaryware, faucetware expansion

Expansion plans includes a greenfield sanitaryware plant and a brownfield faucetware unit

Cera Sanitaryware zooms 12%, hits new high on healthy outlook

Last month, rating agencies Care Ratings and Crisil Ratings had reaffirmed the bank facilities and commercial paper of CSL with a stable outlook

Spanish sanitaryware firm Roca plans Rs 50-cr capital expenditure in India

The company will invest about Rs 50 crore in expansion while planning a greenfield project in 2024-25 in India

Budget 2021: Sanitaryware industry seeks tax rationalisation to push demand

The GST for sanitaryware is at 18 per cent, and a reduction of the rate will help increase demand, he added

Sanitaryware industry urges Centre to cut GST to 5%, help improve hygiene

The manufacturers hoped that the Union Budget, which is slated to be presented on Friday, would pave the way for the GST Council to take the measure

Rising affluence push smart bathroom, toilet penetration

Jaquar, Kohler, Cera Sanitaryware turn bullish on a segment whose share has risen to 10% from single digits