Our equity analysts published Hidden Gem - Dec 2011 research report with Buy recommendation on Cera Sanitaryware (BSE Code: 532443, NSE Code: CERA) and shared it with all Hidden Gems members. Research report was published 5 years and 3 months back on 24th Dec'11 and Buy was recommended on Cera Sanitaryware Ltd at average price of Rs. 157 with a target price of Rs 350. When target price was achieved, we suggested our members to continue to hold it. Today, Cera Sanitaryware is a 19-Bagger stock for our Hidden Gems members, stock made its all time high of Rs. 3315 on NSE today and closed at Rs. 2967 giving absolute returns of 1790% in 5 years and 3 months.
Considering strong fundamentals of the company with robust YoY growth, we added Cera Sanitaryware in our Wealth-Builder portfolio almost 4 years back at price range of 400 - 450 and continue suggesting our subscribers to invest in this stock even at higher price range of Rs. 1600 - 1800 levels with a long term view. We have not suggested any profit booking in this stock so far and stock has multiplied investments of our Hidden Gems members by almost 19 times. As on date, Cera Saniwaryware is giving whopping 1790% returns to our Hidden Gems members in period of 5 years and 3 months and returns of 642% to our Wealth-Builder members within period of 4 years.
In Dec'16 quarter, net profit of Cera Sanitaryware rose 11.74% to Rs 22.47 crore against Rs 20.11 crore during the previous quarter ended Dec 2015. Sales rose 2.45% to Rs 235.15 crore in the quarter ended Dec 2016 as against Rs 229.52 crore during the previous quarter ended Dec 2015. We suggest our members to continue holding the stock for long term.
Note: Its important to diversify your small cap stock portfolio, you can't just bet on one or two stocks. Our objective is to protect & grow your capital giving 100% to identify best of Hidden Gems but we do not guarantee similar returns from all our recommendations. Few of our Hidden Gems can perform better in a lesser span of time, few may take more time and need to hold for longer period.
Below is the summary of Cera Sanitaryware Ltd published in our Hidden Gem research report - Dec'11.
- 50% at current market price of 166.40
- 50% at price range of 145-150 (If stock price falls during market correction)
Cera Sanitaryware has given returns of 1790% and is a 19-Bagger stock for our Hidden Gems members in 5.3 years. Moreover, there are total 40 Hidden Gems stocks out of 64 published by our equity analysts till Dec'16 which have given returns in the range of 100% to 1900% to our members during last 6 years.
Through Hidden Gems and Value Picks, we are providing you opportunities to invest in such small / mid cap stocks today. Infosys, Pantaloon, Dabur, Glenmark were the small cap stocks in past and today are the well known companies falling under mid and large cap space.
Time has shown that smart investors have made their fortune by investing in equities in long term. None other asset class can match giving you such extra ordinary returns. Yes, its important for you to invest in right set of companies at right price with medium to long term perspective. If you think to invest in stocks for period of 3 months or 6 months, we suggest you to stay out of stock market because you are not investing, you are betting on volatility of stock market which could be risky.