Cera Sanitaryware LimitedNSE: CERA

India's Cera Sanitaryware falls on quarterly profit decline

· Issued by Cera Sanitaryware Limited

** Shares of Cera Sanitaryware NSE:CERA fall 2.3% to 5,757 rupees

** The building products maker posts a 16.7% y/y decline in September-quarter net profit; rev from ops drops 0.4% y/y

** More than 14,697 shares change hands, 1.1x of 30-day avg

** CERA rated "buy" by 13 analysts on average; median target price is 7,110 rupees, as per LSEG-compiled data

** Stock down 23.3%, YTD