Trending stocks: Somany Ceramics shares gain nearly 5%

Trending stocks: Somany Ceramics shares gain nearly 5%

Summary

NEW DELHI: Shares of Somany Ceramics Ltd. traded 4.78 per cent up in Thursday's trade at 10:31AM (IST). Around 15,566 shares changed hands on the counter.

NEW DELHI: Shares of Somany Ceramics Ltd. traded 4.78 per cent up in Thursday's trade at 10:31AM (IST). Around 15,566 shares changed hands on the counter. 

The counter opened at Rs 115.3 and touched an intraday high and low of Rs 125.95 and Rs 115.3, respectively, in the session so far. The stock of Somany Ceramics Ltd. quoted a 52-week high of Rs 451.65 and a 52-week low of Rs 77.0. 

Total market cap of the Somany Ceramics Ltd. stood at Rs 521.06 crore at the time of writing this report. 

Birla Sun Life Insurance Co sold 2,27,000 shares of Somany Ceramics at Rs 117.80 per share on Wednesday

Key Financials 
The company reported consolidated net sales of Rs 353.72 crore for the quarter ended 31-Mar-2020, down 18.62 per cent from previous quarter's Rs 434.64 crore and down 31.29 per cent from the year-ago quarter's Rs 514.77 crore. 

Shareholding pattern 
As of 31-Mar-2020, DIIs held 16.68 per cent stake in the firm, while foreign institutional investors held 2.12 per cent and the promoters 51.47 per cent. 


Valuation ratio  ..