Asian Granito India gains on planning to launch tiles showroom in Gujarat

Asian Granito India is currently trading at Rs. 149.85, up by 0.40 points or 0.27% from its previous closing of Rs. 149.45 on the BSE.

Asian Granito

The scrip opened at Rs. 151.50 and has touched a high and low of Rs. 151.50 and Rs. 146.95 respectively. So far 44744 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 257.05 on 01-Feb-2021 and a 52 week low of Rs. 115.98 on 30-Mar-2021.

Last one week high and low of the scrip stood at Rs. 151.50 and Rs. 129.15 respectively. The current market cap of the company is Rs. 844.18 crore.

The promoters holding in the company stood at 26.12%, while Institutions and Non-Institutions held 0.65% and 73.23% respectively.

Asian Granito India (AGL) is planning to launch one of the World’s largest Tiles showroom in India’s Tiles hub – Morbi, Gujarat. The showroom is conceptualised in 1.5 lakh square feet area and aims to showcase AGL Group’s production, technological excellence at one place.

The showroom will have the entire range of the group’s exquisite and innovative range of Sanitaryware, Bathware and Engineered Marble and Quartz range including 5,000 plus Tiles products in all sizes, designs and finishes under one roof.

The five storey showroom will be designed as a one-stop-solution to meet the diverse needs of household, architect, builder for building their dream projects as well as keeping in mind the needs of the International markets.

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.

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