Asian Granito India zooms on entering into JVA to acquire shares of Klyn AGL
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Asian Granito India is currently trading at Rs. 74.73, up by 5.05 points or 7.25% from its previous closing of Rs. 69.68 on the BSE.
The scrip opened at Rs. 71.08 and has touched a high and low of Rs. 77.38 and Rs. 71.08 respectively. So far 448594 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 98.19 on 22-Aug-2024 and a 52 week low of Rs. 50.90 on 13-Mar-2024.
Last one week high and low of the scrip stood at Rs. 77.38 and Rs. 68.80 respectively. The current market cap of the company is Rs. 1099.16 crore.
The promoters holding in the company stood at 29.02%, while Institutions and Non-Institutions held 2.49% and 68.50% respectively.
Asian Granito India has entered into Joint Venture agreement (JVA) with Shudh Investments and Klyn Stone of UK to acquire shares of Klyn AGL, A Joint Venture Company (JVC) incorporated in England & Wales to do trading business of Large Porcelain Slabs, all type of tiles and Quartz products in and around United Kingdom by way of a JVC viz. Klyn AGL.
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.
