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Asian Granito India Limited (NSE India Code : ASIANTILES)       BUY

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ASIANTILES Technical Levels

Resistance 2 49.65
Resistance 1 47.40
PIVOT 44.75
Support 1 42.50
Support 2 37.60

ASIANTILES Fundamentals

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ASIANTILES Futures

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ASIANTILES Technical Levels


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ASIANTILES Share Price on 5-10-2012

Open 43.05
High 43.05
Low 42.1
Close 42.2
Volume 676
Change -0.85 (-1.97%)
Series EQ
Date of Listing 23-Aug-07
Paid Up Value 10
Face Value 10
Market Capital 0 Crores
52 Week High/Low 57 / 28.2
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Asian Granito India Limited Company Profile

Asian Granito India (ASIANTILES) is in the business of manufacturing vitrified tiles. Incorporated on Aug. 8, 1995 as a private limited company, it went public on Aug. 29, 1995 and got its current name on Nov. 25, 2002. Kamleshbhai Patel is the chairman and managing director (principal promoter) and Hasmukhbhai Patel, the managing director. The company has a vast range of products at various price points. Products include glazed, unglazed, rustic, matte, homogenous and non-homogeneous body tiles manufactured through water jet cutting, tailor-made designs or customized according to client requirements. These products are manufactured at its plant in Dalpur, Himmatnagar, Sabarkantha district, Gujarat. The total manufacturing capacity is 14,000 sq. m. of vitrified tiles a day. After the proposed expansion, the total manufacturing capacity will increase to 16,000 sq. m. a day. The company has a wholly-owned subsidiary, Asian Tiles set up its first unit to manufacture ceramic tiles and commenced commercial production in December 2000 with an installed capacity of 2,500 sq. m. a day. The company has now increased the capacity to 7,000 sq. m. a day. The company caters to a broad spectrum of the urban and rural population through a nationwide distribution network. Currently, the company along with its subsidiary offers ceramic and vitrified tiles across the country through more than 250 dealers and distributors and more than 3,000 business associates. The registered office is at City Mall, 2nd Floor, Beside Rajpath Club, Sarkhej-Gandhinagar Highway Road, Ahmedabad -380054 and corporate office at: Ceramic Zone, Dalpur, Prantij taluka, Sabarkantha district, Gujarat-383120. Financials The company disclosed fall of 12.95% in standalone net profit on y-o-y basis to Rs 43.55 million, while total income climbed 17.21% y-o-y basis to Rs 1.29 billion for the quarter ended March 2011.

ASIANTILES Intraday Realtime Chart

ASIANTILES Corporate Announcements

DATE PURPOSE
20-Jul-12 Updates
17-May-12 Disclosure under SEBI Takeover Regulations
14-May-12 Financial Result Updates
14-May-12 Allotment of Securities
09-Apr-12 Outcome of Extra-ordinary General Meeting

ASIANTILES Corporate Actions

DATE PURPOSE
22-Sep-11 Annual General Meeting And Dividend Re.1/- Per Share
22-Sep-11 AGM/DIV-RE.1/- PER SHARE

ASIANTILES Board Meetings

MEETING DATE PURPOSE
13-Aug-12 Results/Dividend
14-May-12 Results/Others
10-Mar-12 Raising of Funds
14-Feb-12 Results/Others
14-Nov-11 Results/Others

ASIANTILES Related companies

Symbol Company Name
ACKRUTI Ackruti City Limited
AHLUCONT Ahluwalia Contracts (India) Limited
AJMERA Ajmera Realty & Infra India Limited
ANANTRAJ Anant Raj Industries Limited
ANSALAPI Ansal Properties & Infrastructure Limited

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