Long Term India Fund Picks Up Rs 1.47 Billion Stake in Kajaria Ceramics via Bulk Deal

In a significant market transaction, Long Term India Fund has acquired 1.25 million shares of Kajaria Ceramics Ltd through a bulk deal on the NSE, priced at Rs 1,180 per share. The deal, valued at approximately Rs 1.47 billion, signals strong institutional confidence in India’s leading tile manufacturer.

Key Highlights

- The purchase represents a strategic bet on Kajaria’s long-term growth, especially amid its ongoing expansion in premium tile formats and bathware.

- The acquisition comes ahead of Kajaria’s Q1 FY26 results, with analysts expecting a rebound in margins and export volumes.

- Kajaria’s stock has gained over 60 percent from its 52-week low, reflecting investor optimism despite recent margin pressures.

Market Context

- The bulk deal follows a series of mutual fund inflows into Kajaria in June 2025, with 28 funds increasing their holdings.

- Kajaria’s recent buy ratings from JM Financial and HSBC further reinforce bullish sentiment.

Sources: Trendlyne, Economic Times, Business Upturn, NSE Bulk Deal Filings.