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Bloomberg Quint

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Image Credit: Bloomberg Quint

Somany Ceramics Cut To 'Add' As HDFC Securities Sees Limited Upside After Recent Rally

  • HDFC Securities downgraded Somany Ceramics to 'Add' due to limited upside potential following a recent rally in the stock price.
  • Somany Ceramics' newly commissioned large-sized tiles Max plant in Gujarat, with a 4.5MSM capacity, is anticipated to boost volume growth and enhance the product mix.

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