Asian Granito is currently trading at Rs. 179.85, up by 6.35 points or 3.66% from its previous closing of Rs. 173.50 on the BSE.
The scrip opened at Rs. 175.00 and has touched a high and low of Rs. 185.70 and Rs. 175.00 respectively. So far 146391 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 318.00 on 21-Sep-2020 and a 52 week low of Rs. 137.25 on 30-Mar-2021.
Last one week high and low of the scrip stood at Rs. 185.70 and Rs. 173.00 respectively. The current market cap of the company is Rs. 607.24 crore.
The promoters holding in the company stood at 37.98%, while Institutions and Non-Institutions held 3.18% and 58.84% respectively.
Asian Granito India’s material subsidiary -- Crystal Ceramics Industries has completed 12000 SQMTS/days of Glazed Vitrified Tiles brown field capacity expansion at its Meshana Plant. This capacity addition will increase total capacity of Crystal Ceramics to 36000 SQMTS/day.
The company is planning to manufacture large format 600X1200 mm GVT tiles for domestic and export market with this expansion. It has invested Rs 25 crore for this expansion. This strategic brownfield expansion was planned keeping in mind low cost natural gas benefit at Crystal Ceramics, which helps company to further reduce its manufacturing cost.
Asian Granito India is one of the top four Indian ceramic Companies engaged in the business of manufacturing, and trading of Ceramic Wall, Floor, Vitrified Tiles, Marble & Quartz Headquartered in Gujarat.
Company Name | CMP |
---|---|
Kajaria Ceramics | 1193.00 |
Somany Ceramics | 596.60 |
Cera Sanitaryware | 7096.00 |
Asian Granito India | 60.60 |
Pokarna | 466.65 |
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