Cera Sanitaryware to incur capex of Rs. 24.70 crores for FY 2022-23

The Board of Directors of Cera Sanitaryware Limited at their meeting held today i.e. on 10.05.2022 has decided to incur regular capital expenditure of Rs. 24.70 Crores for the financial year 2022-23 towards Automation and balancing equipment of Sanitaryware and faucetware plants, IT updation, staff colony and other routine Capex and approved the Project Capex for the expansion of Greenfiled Sanitaryware plant and Brownfield faucetware plant.

Shares of Cera Sanitaryware Limited was last trading in BSE at Rs. 3864.75 as compared to the previous close of Rs. 3956.70. The total number of shares traded during the day was 759 in over 241 trades.

The stock hit an intraday high of Rs. 3970.15 and intraday low of 3850.00. The net turnover during the day was Rs. 2980351.00.

Source : Equity Bulls

Keywords

CeraSanitaryware INE739E01017 Capex