India, June 25 -- Driven by steady urban housing demand, India's building materials industry is transitioning toward premium products. To optimize capital efficiency amid high cash reserves, leading players are focusing on active balance sheet engineering. This momentum is driving firms to launch targeted buybacks, establishing solid valuation baselines and boosting shareholder returns.

What's the News? Kajaria Ceramics Limited has officially issued a public announcement for the buyback of up to 21,50,000 fully paid-up equity shares of face value Re. 1/- each. The buyback is structured at a premium price of Rs1,380 per equity share on a proportionate basis through the tender offer route, representing an aggregate transaction size of Rs2...