Canara Robeco Mutual Fund increased its stake in Cera Sanitaryware from 2.97% to 3.19%, buying 28,131 shares worth ₹17.02 crore.
A manufacturer of sanitaryware and building products, Cera serves the Indian construction and plumbing sectors with ceramics and related fixtures for residential and commercial applications. The company operates production facilities across India and generates renewable power through wind and solar energy installations in Gujarat for internal consumption. Its product portfolio spans bathroom ceramics, sanitary fittings, and building materials.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.