19 Sep 2026
Apollo Pipes bought 76 percent of Morbi-based Mazzini Tiles for Rs 40.42 crore, taking it into ceramic tiles.
Mazzini makes polished glazed vitrified tiles at 72 lakh square metres a year and turned over Rs 87.15 crore in FY26. The board has cleared up to Rs 300 crore for tiles, so this is the first tranche.
Finvezto Membership

Get the research behind the notes

Stock notes are the free daily layer. The membership carries the full Flexi-Wealth system: an ETF core portfolio with monthly rebalancing signals, fifteen quality-momentum stocks with exact weightages every month, options income and hedging recommendations, and the institutional data toolkit. One flat membership covers everything.

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.