04-Nov-2026 08:42:42

KOTAK ON CARBORUNDUM UNIVERSAL ; SELL | TARGET ₹1,090 (EARLIER ₹1,080)

• Ceramics business remains resilient, while abrasives face Chinese competition and rising input costs. • Semiconductor business expected to contribute a mid-to-high single-digit share of revenue and profit by FY31. • Foskor closure and overseas business normalisation offer recovery potential. • Expensive valuations remain a key concern.

CARBORUNDUM UNIVERSAL LTD

← Back to feed