Asian Granito India Ltd. (ASIANTILES) Share Price Rises 13.34% Today

Asian Granito India Ltd. Share Price rises 13.34% today, reaching Rs 65.4 with a market cap of Rs 1,585.55 crore.

Asian Granito India Ltd. Share Price has seen a significant rise today, climbing 13.34% to reach Rs 65.4. With a market capitalisation of Rs 1,585.55 crore, the company has captured investor attention. The price action today highlights a robust movement, although the exact catalyst for this rise remains unspecified in the data provided. Univest continues to monitor such movements closely, offering insights into the dynamics of the stock market.

Asian Granito India Ltd. (ASIANTILES) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 65.4
Previous Close	Rs 57.7
Today's Change	+Rs 7.7 (+13.34%)
Day Open	Rs 60.39
Day High	Rs 65.5
Day Low	Rs 59.64
Current Volume (BSE)	17,67,969
BSE Traded Volume	17,67,969
NSE Traded Volume	5,68,05,025
Combined NSE + BSE Volume	5,85,72,994
Turnover	Rs 11.56 crore
Market Capitalisation	Rs 1,585.55 crore
Market Cap Category	Small Cap

Asian Granito India Ltd. (ASIANTILES) traded at Rs 65.4. versus the previous close of Rs 57.7, a rise of 13.34%. The stock opened at Rs 60.39, reached Rs 65.5, touched Rs 59.64. Reported volume was 17,67,969.

Asian Granito India Ltd. (ASIANTILES) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 1,585.55 crore
P/E Ratio	81.97x
P/B Ratio	1.12x
ROE	10.3%
ROCE	12.81%
EPS	Rs 0.7
Dividend Yield	0%

Asian Granito India Ltd. was valued at a P/E ratio of 81.97x, a P/B ratio of 1.12x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 10.3% and ROCE of 12.81%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs 0.7, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Sector and Industry Context

Metric	Value
Sector	Construction Materials
Industry	Ceramics/Marble/Granite/Sanitaryware
Benchmark Scope	same industry
Company P/E Ratio	81.97x
Benchmark Median P/E	38.17x
Benchmark Average P/E	88.59x
Benchmark P/E Range	6.99x to 826.19x
Company P/B Ratio	1.12x
Benchmark Median P/B	1.12x
Company ROE	10.3%
Benchmark Median ROE	1.6%
Company ROCE	12.81%
Benchmark Median ROCE	4.21%
Company Market Capitalisation	Rs 1,585.55 crore
Benchmark Median Market Cap	Rs 64.08 crore

Asian Granito India Ltd. (ASIANTILES) is classified under sector: Construction Materials and industry: Ceramics/Marble/Granite/Sanitaryware. The numerical benchmark uses 29 same industry companies from the supplied master-data set.

Asian Granito India Ltd. (ASIANTILES) has a P/E ratio of 81.97x, which is above the benchmark median of 38.17x, a difference of +114.75%. The benchmark contains 23 companies with P/E data, ranging from 6.99x to 826.19x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Asian Granito India Ltd. (ASIANTILES) has a ROE of 10.3%, which is above the benchmark median of 1.6%, a difference of +543.75%. Asian Granito India Ltd. (ASIANTILES) has a ROCE of 12.81%, which is above the benchmark median of 4.21%, a difference of +204.28%.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Pokarna Ltd.	POKARNA	2,892.98	35.53	3.34	19.37	17.77
Nitco Ltd.	NITCO	2,720.24	90.36	5.49	0	-10.32
Somany Ceramics Ltd.	SOMANYCERA	2,018.65	24.21	2.37	13.67	13.76
Orient Bell Ltd.	ORIENTBELL	480.66	38.17	1.45	12.15	13.65
CLAY CRAFT INDIA LIMITED	CLAYCRAFT	350.11	12.12	1.91	0	0

Asian Granito India Ltd. (ASIANTILES) has a P/E ratio of 81.97x compared with the displayed peer median of 35.53x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 10.3% compares with a peer median of 12.15% across the companies shown in the table. ROCE stood at 12.81% versus the displayed peer median of 13.65%, providing a capital-efficiency comparison. Asian Granito India Ltd. (ASIANTILES) has a market capitalisation of Rs 1,585.55 crore. Among the 5 peers shown, 3 have a larger market capitalisation.

Why Investors Are Watching Asian Granito India Ltd.

Investors are closely monitoring Asian Granito India Ltd. due to its significant price rise and strong technical indicators. The company's fundamentals reveal a high valuation, balanced by robust profitability metrics. The sector context further supports its market position.

• Price Action: 13.34% rise today, reaching Rs 65.4.
• Technical Position: Strong momentum with RSI at 64.13.
• Fundamental Context: High P/E ratio, strong ROE and ROCE.
• Sector Positioning: Favorable within the industry.

Investors should continue to monitor market trends, technical indicators, and any changes in ownership patterns to make informed decisions regarding Asian Granito India Ltd.

About Asian Granito India Ltd.

Asian Granito India Ltd. is a prominent player in the Construction Materials sector, specializing in the Ceramics/Marble/Granite/Sanitaryware industry. The company manufactures a wide range of tiles, including vitrified, ceramic, and digital tiles, catering to diverse customer needs. With a focus on innovation and quality, Asian Granito has established a strong market presence, serving both domestic and international markets. The company's commitment to excellence and customer satisfaction has driven its growth and positioned it as a leader in the industry.

Track Asian Granito India Ltd. Share Price on Univest

Use Asian Granito India Ltd. (ASIANTILES) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors can track Asian Granito India Ltd. Share Price on Univest for real-time updates. Univest provides comprehensive insights into technical indicators, fundamental ratios, shareholding patterns, and market trends. Stay informed with the latest data and analysis to make well-informed investment decisions.

Frequently Asked Questions

What is the current share price of Asian Granito India Ltd.?

Ans. The current share price of Asian Granito India Ltd. is Rs 65.4, reflecting a 13.34% increase from the previous close of Rs 57.7. The stock moved 13.34% during the session.

How much did Asian Granito India Ltd. share price rise today?

Ans. Asian Granito India Ltd. share price rose by 13.34% today, marking a significant increase in the stock's value. The stock moved 13.34% during the session. The intraday range extended from Rs 59.64 to Rs 65.5.

What is the market capitalisation of Asian Granito India Ltd.?

Ans. The market capitalisation of Asian Granito India Ltd. is Rs 1,585.55 crore, categorizing it as a Small Cap company. The company operates in the Construction Materials sector. Its P/E ratio is 81.97x.

What is the P/E ratio of Asian Granito India Ltd.?

Ans. The P/E ratio of Asian Granito India Ltd. is 81.97, indicating a premium valuation compared to the industry median of 38.17. The company trades at a P/E ratio of 81.97x.

What is the ROE of Asian Granito India Ltd.?

Ans. The Return on Equity (ROE) of Asian Granito India Ltd. is 10.3%, which is above the industry average, reflecting efficient capital use. ROE stands at 10.3%. ROCE stands at 12.81%.

What sector does Asian Granito India Ltd. operate in?

Ans. Asian Granito India Ltd. operates in the Construction Materials sector, specifically in the Ceramics/Marble/Granite/Sanitaryware industry. The stock belongs to the Construction Materials sector. Its industry classification is Ceramics/Marble/Granite/Sanitaryware. 29 comparable companies were included in the benchmark.

How does Asian Granito India Ltd. compare to its peers?

Ans. Asian Granito India Ltd. has a higher P/E ratio than peers like Pokarna Ltd. and Somany Ceramics Ltd., but its ROE and ROCE are competitive. Comparable listed companies include Pokarna Ltd., Nitco Ltd., Somany Ceramics Ltd.