India's Cera Sanitaryware slides on Q3 profit fall

Cera Sanitaryware

11/02/2025 07:27

** Cera Sanitaryware  CERA.NS  falls 3.2% to 6,377.9 rupees;
set to fall for a third straight session
    ** Q3 profit drops 10% y/y as expense sharply outweighs rev
    ** Stock has been trading below its 100-day simple moving
avg since September, 2024, indicating bearish sentiment
    ** CERA rated "buy" on avg; median PT is 8,416 rupees, ~32%
higher than current price - LSEG
    ** Stock ended 2024 3.3% lower

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))