Asian Granito India zooms on incorporating Joint Venture Company in Nepal
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Asian Granito India is currently trading at Rs. 72.98, up by 8.71 points or 13.55% from its previous closing of Rs. 64.27 on the BSE.
The scrip opened at Rs. 64.97 and has touched a high and low of Rs. 73.27 and Rs. 64.64 respectively. So far 330848 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 74.20 on 11-Oct-2023 and a 52 week low of Rs. 34.22 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 74.20 and Rs. 62.63 respectively. The current market cap of the company is Rs. 926.51 crore.
The promoters holding in the company stood at 29.02 % while Institutions and Non-Institutions held 1.20 % and 69.79 % respectively.
Asian Granito India has incorporated Joint Venture Company (‘JVC’) namely Nepovit Ceramic on October 10, 2023 to set up wall tiles manufacturing unit in Nepal. Earlier, the company had entered into Joint Venture Agreement with various individuals of Nepal to open an Joint Venture Company.
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.
