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Asian Granito gains on plan to set up 100 showrooms by December 2014

21 Nov 2013

Asian Granito India is currently trading at Rs 25.95, up by 1.95 points or 8.13% from its previous closing of Rs. 24.00 on the BSE.

The scrip opened at Rs 25.90 and has touched a high and low of Rs 26.85 and Rs 25.70 respectively.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 52.75 on 14-Jan-2013 and a 52 week low of Rs 21.30 on 05-Aug-2013.

Last one week high and low of the scrip stood at Rs 27.00 and Rs 22.00 respectively. The current market cap of the company is Rs 58.60 crore.

The promoters holding in the company stood at 38.17% while Institutions and Non-Institutions held 4.29% and 57.54% respectively.

Asian Granito India is reportedly planning to set up 100 exclusive showrooms across India by December 2014. Currently, the company has 44 exclusive showrooms and plans to set up 10 more showrooms in Punjab, Uttar Pradesh, Karnataka, Kochi and Patna very soon.

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.

Related Asian Granito India Ltd. Links:

Asian Granito India Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323