NSE:CERA India toilet boom 🚽 get set go..Half of India couldn't access a toilet 5 years ago. Modi built 110M latrines
Incorporated in July 1998, Cera Sanitaryware Ltd is headed by Mr Vikram Somany; the company manufactures sanitaryware and faucets and outsources wellness products and tiles. The sanitaryware and faucet plants are in Kadi, Gujarat, with capacity of 36 lakh and 18.5 lakh pieces per annum, respectively.
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The Company has been constantly launching new designs in Sanitaryware, Faucets and Tiles. The new designs are indigenously developed by in-house teams, after feedback from the market. This helps the Company to be seen a leader in product offerings. #
NSE:CERA
Cerasanitaryware
Cera Sanitaryware looking aestheticCERA Sanitaryware Ltd. The main product lines of this company are Sanitaryware, Faucets ware and Bath ware. They are Presently, engaged in the business of manufacturing, selling, and trading of building products and is having non-conventional wind & solar power for captive use in the State of Gujarat. CERA Sanitaryware Ltd CMP is 8017.50.
The Negative aspects of the company are High Valuation (P.E. = 44.9), MFs are decreasing stake. The positive aspects of the company are No debt, zero promoter pledge, FIIs are increasing stake, improving annual net profit, Improving cash from operations annual.
Entry can be taken after closing above 8063. Target for Cera is 8233. If the stock gives closing above 8234 long term targets of 8462,8714 and 9000 will be unlocked. Stop loss in the stock should be maintained at Closing below 7672.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Long #CERA. Excellent proxy play to the Real Estate cycleLooking very good on a longer time frame. Recently broke out of it's short term downward corrective trend too. Can go long with a Stop Loss of 3850, for targets of previous highs and even higher .
An excellent proxy play for the Real estate story playing out this decade!