India's Carysil gains on rising steel, quartz sinks capacity, growth plans

Carysil

27/04/2026 08:08

** Shares of kitchen sinks and appliances maker Carysil CARY.NS rise as much as 4.66% to a two-month high of 941 rupees

** CARY, in an investor presentation over the weekend, says its total installed capacity of quartz and stainless steel sinks doubled to 1 million and 0.18 million since FY2020

** Says it plans a 3 billion rupees capex to expand scale, strengthen new verticals and accelerate growth leading to FY2030

** Also announces targets to go net debt free by 2030 by maintaining a revenue growth CAGR of 15%-20%

** CARY shares are little changed in 2026 so far, according to exchange data

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))