CERA Sanitaryware Buyback Record Date 2024, Price Target, Buyback Details, and More

CERA Sanitaryware Buyback Record Date 2024

The Record date for this CERA Sanitaryware buyback is set for August 16, 2024. The CERA Sanitaryware buyback for 2024 is an important event for investors holding shares of the company. This means that to be eligible to participate in the buyback, you need to own shares of CERA Sanitaryware as of this date.

The record date is used to determine which shareholders are entitled to sell their shares back to the company. If you hold shares in your Demat or physical form on this date, you will be able to participate in the buyback offer. It’s important to ensure that your shares are held in your name and are not under any constraints or restrictions.

This date is crucial because it marks the cutoff for who can participate, so make sure your shares are properly registered and in your possession before this date to take part in the buyback.

CERA Sanitaryware Buyback Details 

The CERA Sanitaryware buyback provides an opportunity for shareholders to sell their shares back to the company at a specified price. Here are the key details:

The buyback process involves the company repurchasing a small portion of its shares from existing shareholders at a predetermined price, which can be a good opportunity if the buyback price is higher than the market price.

Target Price for CERA Sanitary Share

CERA Sanitaryware's stock price target is an important indicator for investors. Analysts have set an average target price of ₹8,831.00 for the company's shares. This target price reflects the expected value of the stock based on various factors, including the company's performance and market conditions.

However, the target can vary, with estimates ranging from a minimum of ₹7,350.00 to a maximum of ₹10,700.00. These projections help investors gauge the potential future value of the stock and make informed decisions.

The target price is based on financial analysis and market trends, providing an idea of where the stock might head in the future. Keeping track of these targets can assist shareholders in making strategic investment decisions.

Cera Sanitaryware Profit & Loss Annual 

CERA Sanitaryware’s annual profit and loss data shows the company’s financial performance over the past few years. Here’s a summary of the key figures:

These figures indicate that CERA Sanitaryware has experienced steady growth in revenue and profit over the years, reflecting a positive financial performance.

How to take part in the buyback?

By following these steps, you can successfully participate in the buyback offer and take advantage of the opportunity to sell your shares back to the company.

1. Verify Eligibility:

• Ensure you own shares of Cera Sanitaryware Limited as of the record date, August 16, 2024.

2. Check Share Form:

• Make sure your shares are in Demat form. If they are in physical form, consider converting them to Demat to facilitate participation.

3. Monitor Buyback Dates:

• The buyback process will open on a date that will be updated. Keep track of this date to ensure timely participation.

4. Sell Shares Through Broker:

• Once the buyback opens, sell your shares through your broker on NSE or BSE according to the buyback offer.

5. Payment and Return:

• After the buyback closes (date to be updated), you will receive payment for the accepted shares. Shares not accepted will be returned to your Demat account.