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ARO Granite Industries moves up on getting nod to expand production capacity

16 Aug 2021 Evaluate

Aro Granite Industries is currently trading at Rs. 74.90, up by 0.40 points or 0.54% from its previous closing of Rs. 74.50 on the BSE.

The scrip opened at Rs. 75.20 and has touched a high and low of Rs. 76.00 and Rs. 74.85 respectively. So far 5576 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 78.95 on 02-Aug-2021 and a 52 week low of Rs. 23.35 on 13-Oct-2020.

Last one week high and low of the scrip stood at Rs. 77.00 and Rs. 61.30 respectively. The current market cap of the company is Rs. 113.99 crore.

The promoters holding in the company stood at 41.06%, while Institutions and Non-Institutions held 0.92% and 58.01% respectively.

ARO Granite Industries has received approval to expand the production capacity by adding one Mono Wire Machine and one 72 wire Multiwire Machine in its Jaipur unit located at Mahindra World City Multi product SEZ, Jaipur, Rajasthan. This is a brownfield expansion within the existing building. The total outlay of the proposed expansion will be approximately Rs 8.00 crore which will be funded from internal accruals. With this expansion, the Company will be able to increase the sales from the Jaipur Plant from existing 40 containers to 60-70 container per month.

ARO Granite Industries started operations as a 100% Export Oriented Unit in 1991 for processing Polished / Flamed Granite Tiles & Slabs.

Aro Granite Share Price

28.93 -0.37 (-1.26%)
17-Apr-2026 16:59 View Price Chart
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