Asian Granito India moves up on incorporating wholly owned subsidiary company
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Asian Granito India is currently trading at Rs. 125.85, up by 0.80 points or 0.64% from its previous closing of Rs. 125.05 on the BSE.
The scrip opened at Rs. 124.85 and has touched a high and low of Rs. 125.95 and Rs. 124.85 respectively. So far 1843 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 250.97 on 04-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. 126.15 and Rs. 121.20 respectively. The current market cap of the company is Rs. 709.68 crore.
The promoters holding in the company stood at 26.12%, while Institutions and Non-Institutions held 0.86% and 73.02% respectively.
Asian Granito India has incorporated wholly owned subsidiary company namely ‘Future Ceramic’. Future Ceramic is incorporated with an object to undertake the business activities pertaining to ceramic industry. The subscribed capital is Rs 1 lakh consisting of 10,000 equity shares of Rs 10 each.
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.
