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  1. Asian Granito surges over 12% on bagging new order

Asian Granito surges over 12% on bagging new order

Asian Granito India shares surged over 12 per cent in early trade on Wednesday after it won 12 lakh square meters order for its recently launched innovative vitrified tiles.

By: | Updated: June 8, 2016 4:13 PM
Asian Granito shares Asian Granito India shares surged over 12 per cent in early trade on Wednesday after it won 12 lakh square meters order for its recently launched innovative vitrified tiles. (Photo: Reuters)

Asian Granito India shares surged over 12 per cent intraday in early trade on Wednesday after it won 12 lakh square meters order for its recently launched innovative vitrified tiles.

At 9.45 am, the scrip was trading 10.79 per cent up at Rs 27,027.46. The scrip opened at Rs 192 and has touched a high and low of Rs 194.90 and Rs 187.20, respectively, in trade so far. Later, the scrip settled 7.56 per cent up at Rs 186.35.

The BSE group ‘B’ stock of face value Rs 10 has touched a 52 week high of Rs 197.10 on Nov 26, 2015 and a 52 week low of Rs 83 on September 9, 2015.

Last one week high and low of the scrip stood at Rs 194.90 and Rs 166.20 respectively.

The promoters holding in the company stood at 37.52% while Institutions and Non-Institutions held 0.14% and 62.34% respectively.

Asian Granito India is engaged in manufacturing of flooring solutions. It is one of the leading wall tile manufacturers in India. The company manufactures products such as wall tiles, vitrified tiles, ceramic floor tiles, marble and quartz stone and Aquart.

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