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Asian Granito India Ltd (ASGI)

NSE
Symbol
Exchange
Currency
ASGINSEINR
ASGIBSEINR
Currency in INR
Disclaimer
57.60
-1.55(-2.62%)
Closed

ASGI Comments

Delivery Buy ASIANTILES Above 67 Stop Loss 62 Target 72-75
target rs.70/- arround diwali
fus gaye
bakwaas share hai ye..
no positive sign yet
it will touch old high rate very soon
kab ye share 300 paar jayega
kab ye share 300 paar jayega
The company has the potential to grow very fast in the near term through inorganic growth, due to Covid-19 badly affecting unbranded and small players in Tiles snd Quartz Business.
why price not moving this game not known
asian is very nice
Asian Granito Growth Drivers for 2020 & Beyond. (Listed in Q4 FY 19 Investor Presentation). . . 1) By Mar 2021, company has set a target of Rs. 2,000 crores revenue . 2) Shift towards Asset light and Capital light business model and improve return ratios . 3) Entry in Sanitarywares and CP Fittings to provide `Complete Bathroom Solution` . 4) Focus on High-end products such as premium GVT Tiles, Nano Crystal, Quartz & Marbles etc . 5) Strong Brand connect with 500 showrooms Target for 50% Retail Sales . 6) To double the monthly revenue of AGL Exclusive showrooms across all format . 7) Expand International reach Targets 100 countries and 10-15% exports sales
Shares of Asian Granito has risen by 30% in the last 3 weeks. Today it is correcting due to profit booking and results. Stock is making a base at 230-240 level, we could see the level of 320-350 in next 3-6 months.
Asian Granito Management Expects, worst is likely to be over for the industry in terms of pricing pressure we expect to see a good growth ahead in terms of volume and value.
Asian Granito management said, "Demand has started picking up which will further get a boost from the recently elected stable government at the center. We expect double-digit growth in FY 2020. Company will further focus on improving margins by focusing on efficiency in operation, focusing on high-value products, controlling cost, etc. Going forward the company will be investing only in expanding capacity in the premium products i.e. Quartz & Marbles and entry in Sanitary ware & CP fitting.
FY19-20 could be a turnaround year for Tiles and Home decor companies. Invest in Top 3 listed tiles companies Asian Granito, Kajaria, Somany Ceramic. Asian Granito is available at a better valuation than peers.
Asian Granito share price at Rs. 184 per share, book value at Rs 154. Price to book at 1.2. Asset light and Capital light business model to drive growth - Return ratios set to improve.
AGL shares trading very cheap. Excellent financials and growth with 5 year CAGR of 10% in revenue, 26% in net profit. Debt to Equity ratio less than 1...
MD arrested, stock she slide 50%
Buy buy it will cross 320
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