Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The company has entered into an outsourcing agreement with M/s. Adicon Ceramica LLP. Adicon Ceramica LLP will be manufacturing large format GVT tiles and AGL will be promoting that product under AGL brand.

Asian Granito reports net profit of Rs53.8cr in Q2FY22 rising by 171% yoy

Asian Granito India consolidated net profit rises 170.64% in the September 2021 quarter

The company also informed that ICRA has upgraded its long-term credit rating.

Asian Granito incorporates new subsidiary Amazoone Ceramics; Stock down 1%

HEG Ltd, Asian Granito India Ltd, Paisalo Digital Ltd and Berger Paints India Ltd are among the other losers in the BSE’s ‘A’ group today, 21 October 2021.

Havells India Ltd leads losers in ‘A’ group

The company had approved the issuance of Equity Shares by way of a rights issue for an aggregate amount not exceeding Rs225cr.

Asian Granito board approves allotment of over ~2.25cr equity shares

Sundaram Mutual Fund bought 1.68 lakh shares in Asian Granito India (Rights Entitlement) at Rs37.75 per share.

Bulk deals: From Just Dial to Asian Granito

Ahmedabad (Gujarat) [India], September 22 (ANI/NewsVoir): Showcasing the company’s production and technological excellence at one place, Asian Granito India Ltd. - one of India’s leading tile companies has inaugurated a 10,000 sq. ft. display centre

Asian Granito India Ltd. inaugurates 10,000 sq. feet luxurious tiles, marble, quartz and bathware display centre in City Kochi, Kerala

Asian Granito India eyes 100% growth in exports in FY21-22; targets exports of Rs 350-400 cr

The company expects to clock export business of around Rs350 - 400cr in the current fiscal of FY21-22 and also aims to expand its business network in over 120 countries from 100 currently.

Asian Granito aims export biz of Rs35-400cr by FY22, eyes 100% growth

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Top stocks in focus: Asian Granito, Biocon, Indiabulls Housing Finance, Infosys, Hero MotoCorp

Amarendra Kumar Gupta, CFO at Asain Granito speaks to us about the claim that the company is eyeing 100 percent growth in Exports. Watch video to know more.

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex #AsianGranito

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Amarendra Kumar Gupta Of Asian Granito On 100% Expected Export Growth In FY22 | Chartbusters

Asian Granito India Limited is engaged in the business of manufacturing of tiles. The Company offers tiles, including wall, vitrified and ceramics, and marble and quartz.

Asian Granito India Ltd

Asian Granito India Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Asian Granito reports net profit of Rs53.8cr in Q2FY22 rising by 171% yoy

Asian Granito India consolidated net profit rises 170.64% in the September 2021 quarter

Asian Granito incorporates new subsidiary Amazoone Ceramics; Stock down 1%

Havells India Ltd leads losers in ‘A’ group

Asian Granito board approves allotment of over ~2.25cr equity shares

Bulk deals: From Just Dial to Asian Granito

Asian Granito India Ltd. inaugurates 10,000 sq. feet luxurious tiles, marble, quartz and bathware display centre in City Kochi, Kerala

Asian Granito India Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Asian Granito reports net profit of Rs53.8cr in Q2FY22 rising by 171% yoy

Asian Granito India consolidated net profit rises 170.64% in the September 2021 quarter

Asian Granito incorporates new subsidiary Amazoone Ceramics; Stock down 1%

Havells India Ltd leads losers in ‘A’ group

Asian Granito board approves allotment of over ~2.25cr equity shares

Bulk deals: From Just Dial to Asian Granito

Asian Granito India Ltd. inaugurates 10,000 sq. feet luxurious tiles, marble, quartz and bathware display centre in City Kochi, Kerala

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock