The 5-year analysis of Glittek Granites Ltd's performance infers:
We analysed the performance of Glittek Granites Ltd share prices over the last 10 years. Here is what we found out:
Glittek Granites is engaged in the processing and sale of granite products in India. The company produces tiles, panels, and slabs for interior and exterior walls, floor cladding, facades, table, and counter tops.
Glittek is the first private sector granite company in India, having associateship agreement for exports marketing of its granite product wih MMTC Ltd, a Government of India undertaking with an annual turnover equivalent to $2600 million, having overseas offices in New York,
Glittek is the first private sector granite company in India, having associateship agreement for exports marketing of its granite product wih MMTC Ltd, a Government of India undertaking with an annual turnover equivalent to $2600 million, having overseas offices in New York, Berlin, Tokyo, Singapore, Amman, Moscow and Dubai.India has one of the largest granite deposits in the world. Indian granites present the biggest colour range, can take high polish and can withstand weathering more effectively due to their inherent hardness.
These unique qualities have enabled them to carve out a niche in the most discriminating markets around the world. Initially granite export from India was in the form of rough blocks. Now, with the entry of organised companies like Glittek, exports of finished granite products are on the rise.
Glittek's plant is strategically located in the rich granite belt of India to ensure uninterrupted supply of raw materials. Besides an ideal location, Glittek is equipped with the best processing machinery in the world from M/s. Eisenwerk Hensel Bayreuth, Germany.
Strict quality control of products tops Glittek's list of priorities. It therefore engages skilled and highly trained operators to handle its sophisticated quarrying and processing machinery. With an unbeatable combination of natural and technological resources, Glittek is always prepared to serve the world markets.
Glittek is a 100% export oriented project, geared to provide customers in the United States of America, Canada, Australia, New Zealand, Japan, Singapore, the Middle East and the EEC countries with a tailormade product range. Large capacity base, strict adherence to supply schedules and competitive rates, have earned Glittek a prestigious position in global granite markets.
Glittek's granite products, apart from being comparable to the best in the world in strength, polish and elegance - offer a wide range of attractive colours and dimensions to choose from. Their dimension accuracy gives them a distinctive edge. Glittek's range comprises tiles, panels and slabs for interior and exterior walls, floor cladding, facades, table and counter tops, etc.
Product range of the company includes: