Cera Sanitaryware had a weak to start to FY21 with the Q1 performance being impacted by the pandemic. However, it has seen steady performance in the last two quarters with minor contraction on topline.
The production in Q3 was hit by labour issues in the sanitaryware plant. However, the issues have been resolved and the business volumes in January clocked a growth of 20 percent on a year-on-year (YoY) basis.
In the special segment ‘Moneycontrol Pro Ideas For Profit’, moneycontrol.com’s Sachin Pal gets more details on how the stock is expected to perform going forward.
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