Business

Ceramics stocks: Ceramics stocks likely to continue outperformance

India exported 445 million sq. meters of ceramic tiles to 170 nations globally.

Synopsis

Whereas shares of Pokarna greater than tripled within the final two years, Somany Ceramics and Kajaria Ceramics have greater than doubled. Cera Sanitaryware rose 88% in two years. The Nifty jumped 44% throughout this era. In 2020, India grew to become the world’s second-biggest ceramics exporter after China, surpassing Spain. India exported 445 million sq. meters of ceramic tiles to 170 nations globally.

Mumbai: Ceramic shares have outperformed within the final two years with returns even tripling for buyers because the Indian ceramic business is rising as a worldwide chief, getting the second place in exports. Previously couple of years, the business has been rising exponentially, with a steady shift in merchandise.

World penetration of enormous slabs, deployment of best-in-class expertise, and innovation in manufacturing merchandise appropriate for

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https://economictimes.indiatimes.com/markets/shares/information/ceramics-stocks-likely-to-continue-outperformance/articleshow/84992065.cms | Ceramics shares: Ceramics shares more likely to proceed outperformance

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