Solid Flooring
Outlook Business|September 15, 2017

DEBATE Tarang Bhanushali and Sanjay Jain on whether the rally in base metal stocks will sustain INVESTING Can investors make the most of ITC’s valuation discount? INTERVIEW Jaguar’s co-founder Gary Garrabrant on why he is bullish on India

Solid Flooring

Tile major Kajaria Ceramics’ uneventful Q1FY18 — net profit declined 24% — has failed to dim promoter Rishi Kajaria’s optimism. In two tranches (on August 17 and 21), promoter entity Kajaria Securities acquired 304,000 shares, worth 19.31 crore, thereby increasing its stake in the firm to 40.69%. The overall promoter holding in the company is now 47.39%.

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