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Aro Granite firms up on concluding capacity expansion of granite slab plant

Aro Granite Industries Ltd. | Ceramics/Marble/Granite/Sanitaryware | Construction & Infrastructure | BSE: 513729 | NSE: AROGRANITE

12 Oct 2012 Evaluate

Aro Granite Industries is currently trading at Rs 36.90, up by 3.45 points or 10.31% from its previous closing of Rs 33.45 on the BSE.

The scrip opened at Rs 32.75 and has touched a high and low of Rs 36.30 and Rs 32.70 respectively. So far 1596 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 42.15 on 02-Nov-2011 and a 52 week low of Rs 30.60 on 22-May-2012.

Last one week high and low of the scrip stood at Rs 36.90 and Rs 32.05 respectively. The current market cap of the company is Rs 37.03 crore.

The promoters holding in the company stood at 40.95% while Institutions and Non-Institutions held 0.81% and 58.25% respectively.

Aro Granite Industries (AGIL) has completed the expansion programme and the commercial production of the expanded capacity has started from September 20, 2012.

Under this expansion programme, the company has increased the installed capacity of its granite slab plant by 50%, by installing four gang-saws and one polishing line machine. With this, the installed capacity of the slab plant has been increased to 585,000 square meters from the existing 390,000 square meters taking the overall installed capacity to 945,000 square meters including tiles processing facilities.

The company with its in-depth product knowledge, state of the art facility for processing of granite slabs and tiles and ability to source a vast variety of granite from India and abroad, is poised to take on the ever increasing demand of granite tiles and slabs in the international and domestic market.

Aro Granite Industries is engaged in the manufacture of Modular Granite Tiles and Granite Random Slabs. It is a 100% Export Oriented Unit and a star export House and exports its production to North and South America, Europe and the Far East.

Aro Granite Share Price

28.93 -0.37 (-1.26%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Kajaria Ceramics	1178.20
Somany Ceramics	441.15
Cera Sanitaryware	5332.20
Asian Granito India	75.34
Pokarna	928.60
View more..

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Aro Granite firms up on concluding capacity expansion of granite slab plant

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