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KAJARIACER Kajaria Ceramics News Story

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Consumer CyclicalsBalancedMid CapHigh Flyer

Indian consumer durables rise as Mideast war, supply worries ease

** Indian consumer durable stocks rise around 2.5% as concerns around Middle East war and supplies ease; benchmark Nifty 50 .NSEI up 1.6%

** All 15 members of the Nifty Consumer Durables .NIFCODU in the green

** Electronics manufacturing service provider PG Electroplast PGEL.NS jumps the most, up 5.6%, followed by tile maker Kajaria Ceramics KAJR.NS, which is up 4.5%

** AC makers Blue Star BLUS.NS and Voltas VOLT.NS rise 3.8% and 3%, respectively

** Earlier this month, AC makers flagged production risks amid Middle East war-driven LPG shortage

** Kalyan Jewellers KALN.NS up nearly 4%

** YTD, sub index down 6.4% vs .NSEI down nearly 11%

(Reporting by Urvi Dugar in Bengaluru)

((UrviManoj.Dugar@thomsonreuters.com;))

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