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

Asian Granito India Ltd, Jai Balaji Industries Ltd, Weizmann Ltd and Anand Rayons Ltd are among the other losers in the BSE’s ‘B’ group today, 17 January 2022.

NDR Auto Components Ltd leads losers in ‘B’ group

Bhakti Gems & Jewellery Ltd, GNA Axles Ltd, Vaswani Industries Ltd and Asian Granito India Ltd are among the other losers in the BSE’s ‘B’ group today, 13 January 2022.

Alphalogic Techsys Ltd leads losers in ‘B’ group

Zee Learn Ltd, Asian Granito India Ltd, Mirza International Ltd and KBC Global Ltd are among the other losers in the BSE’s ‘B’ group today, 07 January 2022.

G M Breweries Ltd leads losers in ‘B’ group

The showroom is conceptualized in 1.5 lakh sq feet in India’s Tiles Hub at Morbi; Showroom to display AGL Group’s entire product range under one roof.

Asian Granito India plans one of World’s largest Tiles showroom in Gujarat

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 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

NDR Auto Components Ltd leads losers in ‘B’ group

Alphalogic Techsys Ltd leads losers in ‘B’ group

G M Breweries Ltd leads losers in ‘B’ group

Asian Granito India plans one of World’s largest Tiles showroom in Gujarat

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%

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

NDR Auto Components Ltd leads losers in ‘B’ group

Alphalogic Techsys Ltd leads losers in ‘B’ group

G M Breweries Ltd leads losers in ‘B’ group

Asian Granito India plans one of World’s largest Tiles showroom in Gujarat

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%

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