Kajaria Ceramics Announces ₹296.7 Cr Share Buyback: What It Means for Investors
Kajaria Ceramics Ltd. is one of India leading company that makes ceramic and vitrified tiles. They have decided rolled out a share buyback worth up to ₹296.7 crore, paying ₹1,380 per share. The announcement comes right after a strong quarter, their consolidated net sales jumped 12.4% from last year to ₹1,373.35 crore. The growth of tile sales climbed, operations ran smoother, and demand from the housing and infrastructure sectors remained steady.