While investors are always on the lookout for new investment opportunities, one industry hardly noticed is the ceramic industry. India manufactures around 2.5 billion sqm of ceramic tile and is the world’s second-largest tile manufacturing country. India is also the third largest exporter of ceramic in the world. This makes ceramic stocks worth investing in.
In this article, we will look at the top 5 ceramic stocks that investors can think of investing in.
Top 5 Ceramic Stocks to Invest in India
Ceramic stocks are the stocks of those companies that are involved in the business of ceramics. Here is the list of the top 5 ceramic stocks to invest in India.
1.Kajaria Ceramics
Kajaria Ceramics is one of the leading ceramic companies in the country. It is headquartered in Delhi. The company is mainly involved in ceramic floor tiles, wall tiles, kitchen tiles, bathroom tiles etc.
Kajaria Ceramics has an annual production capacity of 86.47 mn. Sq meters. The company has been awarded the Superbrand award 13 times in a row.
Kajaria Ceramics Share Price as of Jan 2024: ₹1339.40 +
Market Cap: ₹21,305.60 Cr
2.Somany Ceramics
Somany Ceramics is one of the largest ceramic companies in India. The company was founded by Sri Harilal Somany who is considered the Father of Ceramics in India.
Somany is an international company that deals in ceramic products like floor tiles, polished vitrified tiles, sanitaryware etc. The company has manufacturing plants in India, Russia, The Middle East and Africa.
Somany Ceramics Share Price as of Jan 2024: ₹669.70 +
Market Cap: ₹2841.52 Cr
3.Cera Sanitaryware
Cera Sanitaryware was founded in 1978 and is based in Kadi. This new name was given to the company in 2002. The company manufactures and sells all types of sanitaryware products.
Cera has been awarded Trusted Brand in a consumer survey conducted by Reader’s Digest in 2023.
Cera Sanitaryware Share Price as of Jan 2024: ₹8186.85 +
Market Cap: ₹10636.40 Cr
4.Nitco Tiles
Nitco is a very popular brand in the ceramic industry and serves in all three areas i.e. tiles, marble and mosaic. The company is headquartered in Mumbai and has 15 offices spread throughout India.
Nitco also has a good name in foreign nations and exports its product in more than 40 countries which includes Thailand, Nepal, Canada, Belgium, etc.
Nitco Tiles Share Price as of Jan 2024: ₹43.00 +
Market Cap: ₹312.01 Cr
5.Asian Granito
Asian Granito India Ltd was founded in 2002 and has a presence in more than 100 countries.
The company has 14 ultra-modern plants spread in Gujarat. Asian Granito has been awarded The Economic Times Best Brands 2022 award.
Asian Granito Share Price as of Jan 2024: ₹73.50 +
Market Cap: ₹932.72 Cr
You can invest in the Indian ceramic industry to diversify your portfolio as per your financial goals and risk appetite.
Conclusion
The Indian ceramic industry has been contributing greatly at a global scale. Due to this, there is huge potential in the ceramic stocks. In this article, we have suggested the top 5 ceramic stocks in India. You can research a bit on it if you are planning to invest.