Asian Granito gains on incorporating wholly owned foreign subsidiary company
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Asian Granito is currently trading at Rs. 60.55, up by 1.05 points or 1.76% from its previous closing of Rs. 59.50 on the BSE.
The scrip opened at Rs. 59.05 and has touched a high and low of Rs. 60.90 and Rs. 59.05 respectively. So far 35788 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 131.47 on 06-Oct-2021 and a 52 week low of Rs. 38.80 on 06-Jul-2022.
Last one week high and low of the scrip stood at Rs. 60.90 and Rs. 54.40 respectively. The current market cap of the company is Rs. 767.44 crore.
The promoters holding in the company stood at 29.02%, while Institutions and Non-Institutions held 0.89% and 70.09% respectively.
Asian Granito India (AGL) has incorporated Wholly Owned Foreign Subsidiary Company named AGL Surfaces INC on August 18, 2022 and the intimation for the same is received by the company on August 24, 2022. AGL Surfaces Inc is incorporated with an object to undertake selling & marketing activity of its products in USA.
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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