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Last Updated : Sep 30, 2019 10:56 AM IST | Source: Moneycontrol.com

Kajaria Ceramics rises 3% as subsidiary begins commercial production of tiles

The KTPL facility will manufacture 5 MSM tiles per annum.

 
 
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Kajaria Ceramics added 3 percent intraday on September 30 after a subsidiary started commercial production of tiles.

Kajaria Tiles, formerly Kajaria Floera Ceramics, a wholly-owned subsidiary of the company, started commercial production of tiles on September 29 at a facility in Andhra Pradesh’s Chittoor district.

The capacity of the KTPL facility will be 5 MSM tiles per annum.

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The trading window for dealing in the securities of the company will close from October 1 and will open after expiry of 48 hours from the declaration of the financial results of the company for the quarter ending September 30.

At 1038 hours, Kajaria Ceramics was quoting at Rs 566.90, up Rs 12.15, or 2.19, percent on the BSE.

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First Published on Sep 30, 2019 10:56 am
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