India's Cera Sanitaryware falls on quarterly profit decline

About this update from 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

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