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Reading: Penny inventory to be in deal with Wednesday after Capex enlargement, cost-saving transfer
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StockWaves > Market Analysis > Penny inventory to be in deal with Wednesday after Capex enlargement, cost-saving transfer
Market Analysis

Penny inventory to be in deal with Wednesday after Capex enlargement, cost-saving transfer

StockWaves By StockWaves Last updated: July 2, 2025 3 Min Read
Penny inventory to be in deal with Wednesday after Capex enlargement, cost-saving transfer
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Penny inventory: Shares of Exxaro Tiles Restricted will probably be in focus of the inventory market buyers on Wednesday, 2 July 2025, after the corporate introduced the set up of a 5 MW DC solar energy undertaking in Gujarat’s Gorol, which seeks to scale back vitality prices for the corporate by 30%, in keeping with an change submitting. 

“The photo voltaic undertaking is a serious step in aligning our enterprise operations with international sustainability objectives. It not solely strengthens our cost-efficiency but in addition demonstrates our dedication to scrub vitality and environmental accountability,” mentioned Mukeshkumar B. Patel, the Managing Director of Exxaro Tiles.

The Gujarat-based firm expects to avoid wasting practically ₹5.67 crore yearly, which can be a 30% discount within the vitality prices on the unit for the corporate from this transfer. 

The corporate specialises within the manufacturing of Double Cost Vitrified Tiles, Glazed Vitrified Tiles (GVT), Polished Glazed Vitrified Tiles (PGVT), Wall Tiles, Ceramic Merchandise, and Huge Format Slab Tiles.

Exxaro Tiles operates from two manufacturing amenities, one in Talod (Sabarkantha District of Gujarat) and one other in Padra (Vadodara, Gujarat)

Exxaro Tiles Share Value Pattern

Exxaro Tiles shares closed 4.27% larger at ₹9.28 after Tuesday’s inventory market session, in comparison with ₹8.90 within the earlier market shut.

The ceramic tile maker’s shares have misplaced 24.51% within the final 5 years. Nevertheless, Exxaro Tiles shares had been buying and selling 1.64% larger within the final one-year interval. On a year-to-date foundation, the shares had been up 1.97% in 2025 and 12.86% larger within the final one-month interval.

In keeping with information collected from the BSE web site, the shares hit their 52-week excessive at ₹11.59 on 12 December 2024, whereas the 52-week low was at ₹5.22 on 17 April 2025. The corporate’s market capitalisation stood at ₹415.20 crore as of the inventory market shut on Tuesday, 1 July 2025.

Learn all tales by Anubhav Mukherjee

Disclaimer: This story is for instructional functions solely. The views and proposals above are these of particular person analysts or broking corporations, not Mint. We advise buyers to verify with licensed specialists earlier than making any funding choices.

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