On April 21, the market continued its rally, with the Sensex rising by 551 points and the Nifty gaining 145 points. The previous week’s momentum was driven by a postponed tariff decision by the US administration concerning India and the anticipation of positive trade-related discussions. This week’s market sentiment depends on the financial performance of major companies such as Axis Bank, HCL Technologies, and Hindustan Unilever in the fourth quarter of the financial year 2024-25. However, given various factors, the stock to consider tracking in today’s session is Kajaria Ceramics Ltd.
Stocks to Buy Today
Here are the curated stocks you may track in today’s trading session:
Kajaria Ceramics Ltd. (NSE: KAJARIACER)
Kajaria Ceramics primarily operates in the ceramic and vitrified tile segments. They also manufacture and distribute sanitary ware, blockboard, and plywood products. The company has an FY PE ratio of 30.58, better than its sector average of 42.08. The PB ratio is also better at 4.82, while the sector’s average PB ratio is 6.09. Kajaria has a dividend yield of 1.48%.
Key details of Kajaria Ceramics stocks:
| Closing Price (as of April 17, 2025) | ₹812.35 |
| Trading Volume | 63,093 |
| Company Type | Smallcap |
| Market Cap | ₹12,857 crores |
| Beta | 0.72 |
Conclusion
The stock market is known for its volatility, making it difficult to predict. Therefore, before placing any trades, it is important to analyse how global and domestic events impact the stock or its sector. It is also crucial to stay updated on company-specific developments, such as mergers, acquisitions, new partnerships, or major orders, as these can provide valuable insights.
As a trader, ensure you use multiple charts and indicators to understand how the stock will move and mitigate the risk of losses.
Just starting out with investing? Begin your stock market journey by opening a Demat Account with Torus Digital today.
