Asian Granito India is currently trading at Rs. 285.30, up by 3.15 points or 1.12% from its previous closing of Rs. 282.15 on the BSE.
The scrip opened at Rs. 283.50 and has touched a high and low of Rs. 288.90 and Rs. 281.70 respectively. So far 2,81,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 304.00 on 28-Sep-2016 and a 52 week low of Rs. 108.60 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 294.55 and Rs. 273.85 respectively. The current market cap of the company is Rs. 860.50 crore.
The promoters holding in the company stood at 37.52%, while Institutions and Non-Institutions held 0.09% and 62.39% respectively.
Asian Granito India (AGIL) has completed a major expansion at its step Subsidiary, 'Crystal Ceramics Industries (Crystal Ceramics)'. AGIL acquired Artistique Ceramic in FY 2015-16 through amalgamation scheme approved by Hon: Gujarat High Court, which holds 70% in Crystal Ceramics through Kediya Ceramics.
Acquisition of Crystal Ceramics was a strategic decision as along with the product range it also enjoyed a Natural Gas supply arrangement with ONGC which is significantly lower than the prevailing market price. With this, expansion production capacity of Crystal Ceramics has reached 27,000 square meters a day. The new plant will be making double charged vitrified tiles in the large format of 800 X 800 mm and 1000 X 1000 mm for Domestic as well Exports.
Asian Granito India is engaged in manufacturing of flooring solutions. It is one of the leading wall tile manufacturers in India. The company manufactures products such as wall tiles, vitrified tiles, ceramic floor tiles, marble and quartz stone and Aquart.
| Company Name | CMP |
|---|---|
| Kajaria Ceramics | 1117.90 |
| Somany Ceramics | 645.35 |
| Cera Sanitaryware | 7193.60 |
| Asian Granito India | 68.04 |
| Pokarna | 1108.15 |
| View more.. | |
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