Asian Granito India Ltd. (ASIANTILES) Share Price Surges 12.28% Today

Asian Granito India Ltd. Share Price rises 12.28% to Rs 60.05, marking a significant gain in the small cap category.

Asian Granito India Ltd. Share Price experienced a notable surge today, climbing 12.28% to reach Rs 60.05. This impressive gain positions the company as a top gainer in the small cap category, where it surpassed the qualifying threshold of 8%. With a current market capitalisation of Rs 1,594.74 crore, Asian Granito India Ltd. has captured investor attention, despite the absence of a specific catalyst in the supplied data. The company's share price movement today reflects significant market interest and trading activity.

The day's trading session saw Asian Granito India Ltd. open at Rs 54 and reach a high of Rs 60.54, while the low was recorded at Rs 53.6. The total turnover for the day amounted to Rs 6.54 crore, with a substantial volume of 39,063,722 shares traded across BSE and NSE. This level of activity indicates heightened investor participation and interest in the stock.

Asian Granito India Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 60.05
Previous Close	Rs 53.48
Today's Change	+Rs 6.57 (+12.28%)
Day Open	Rs 54
Day High	Rs 60.54
Day Low	Rs 53.6
Current Volume (BSE)	10,89,219
BSE Traded Volume	10,89,219
NSE Traded Volume	3,79,74,503
Combined NSE + BSE Volume	3,90,63,722
Turnover	Rs 6.54 crore
Market Capitalisation	Rs 1,594.74 crore
Market Cap Category	Small Cap
Qualifying Threshold Cleared	8%

Today's price action for Asian Granito India Ltd. was marked by a significant rise of 12.28%, closing at Rs 60.05. The previous close was Rs 53.48, and the stock opened at Rs 54, quickly gaining momentum to reach a high of Rs 60.54. The day's low was Rs 53.6, indicating a strong upward trend throughout the trading session.

Asian Granito India Ltd. falls into the small cap category, where it exceeded the qualifying threshold of 8% for a significant price rise. The total volume traded today was 39,063,722 shares, with a turnover of Rs 6.54 crore. This substantial trading volume, particularly on the NSE, highlights the stock's appeal among investors and traders.

The company's market capitalisation stands at Rs 1,594.74 crore, reflecting its position within the construction materials sector, specifically in the ceramics, marble, granite, and sanitaryware industry. The day's trading activity and price movement suggest a strong interest in the stock, although the data does not specify a particular catalyst for the rise.

Asian Granito India Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 1,594.74 crore
P/E Ratio	75.98x
P/B Ratio	1.04x
ROE	10.3%
ROCE	12.81%
EPS	Rs 0.7
Book Value Per Share	Rs 51.36
Dividend Yield	0%

Asian Granito India Ltd. was valued at a P/E ratio of 75.98x, a P/B ratio of 1.04x. 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, book value per share of Rs 51.36, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Asian Granito India Ltd. is currently valued with a market capitalisation of Rs 1,594.74 crore. The company's P/E ratio is 75.98, which is significantly higher than the industry median of 27.99, indicating a relatively expensive valuation compared to its peers. The P/B ratio stands at 1.04, slightly below the industry median of 1.18, suggesting a more reasonable valuation in terms of book value.

The company's return on equity (ROE) is 10.3%, which is notably higher than the industry median of 0.23%, showcasing strong profitability. Similarly, the return on capital employed (ROCE) is 12.81%, surpassing the industry median of 3.79%, indicating efficient capital utilization.

Asian Granito India Ltd. has an earnings per share (EPS) of Rs 0.7 and a book value per share of Rs 51.36. The company does not currently offer a dividend yield, which may be a consideration for income-focused investors. Overall, the company's fundamentals reflect a mix of high valuation and strong profitability metrics, which may attract investor interest.

Sector and Industry Context

Metric	Value
Sector	Construction Materials
Industry	Ceramics/Marble/Granite/Sanitaryware
Benchmark Scope	same industry
Companies in Benchmark	28
Company P/E Ratio	75.98x
Benchmark Median P/E	27.99x
Benchmark Average P/E	70.19x
Benchmark P/E Range	0x to 826.19x
Companies with P/E Data	28
Company P/B Ratio	1.04x
Benchmark Median P/B	1.18x
Company ROE	10.3%
Benchmark Median ROE	0.23%
Company ROCE	12.81%
Benchmark Median ROCE	3.79%
Company Market Capitalisation	Rs 1,594.74 crore
Benchmark Median Market Cap	Rs 64.18 crore

Asian Granito India Ltd. (ASIANTILES) is classified under sector: Construction Materials and industry: Ceramics/Marble/Granite/Sanitaryware. The numerical benchmark uses 28 same industry companies from the supplied master-data set.

Asian Granito India Ltd. (ASIANTILES) has a P/E ratio of 75.98x, which is above the benchmark median of 27.99x, a difference of +171.45%. The benchmark contains 28 companies with P/E data, ranging from 0x 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 0.23%, a difference of +4,378.26%. Asian Granito India Ltd. (ASIANTILES) has a ROCE of 12.81%, which is above the benchmark median of 3.79%, a difference of +237.99%.

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

Asian Granito India Ltd. operates within the construction materials sector, specifically in the ceramics, marble, granite, and sanitaryware industry. The sector comprises 83 companies, with 28 companies directly within the same industry. The company's P/E ratio of 75.98 is significantly above the industry median of 27.99, indicating a higher valuation compared to its peers.

The industry benchmark data shows a wide range of P/E ratios, from a minimum of 0 to a maximum of 826.19, with an average of 70.19. Asian Granito India Ltd.'s P/B ratio of 1.04 is below the industry average of 1.65, suggesting a more conservative valuation in terms of book value.

The company's ROE of 10.3% and ROCE of 12.81% are both well above the industry medians, indicating strong profitability and efficient use of capital. The sector's market capitalisation ranges from Rs 6.89 crore to Rs 2,875.47 crore, with Asian Granito India Ltd. positioned towards the higher end of this range.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Somany Ceramics Ltd.	SOMANYCERA	2,043.05	24.86	2.43	13.67	13.76
Nitco Ltd.	NITCO	2,572	94.12	6.26	0	-10.32
Pokarna Ltd.	POKARNA	2,875.47	35.89	3.38	19.37	17.77
Orient Bell Ltd.	ORIENTBELL	468.97	38.68	1.47	12.15	13.65
Marble City India Ltd.	MARBLE	311.32	72.33	4.2	-0.13	5.68

Asian Granito India Ltd. (ASIANTILES) has a P/E ratio of 75.98x compared with the displayed peer median of 38.68x. 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 1,594.74 crore. Among the 5 peers shown, 3 have a larger market capitalisation.

In comparison to its peers, Asian Granito India Ltd. shows a mixed performance. Its P/E ratio of 75.98 is higher than that of Somany Ceramics Ltd. (24.86) and Pokarna Ltd. (35.89), but lower than Nitco Ltd. (94.12). The company's ROE of 10.3% is lower than Pokarna Ltd.'s 19.37% but higher than Orient Bell Ltd.'s 12.15%.

Asian Granito India Ltd.'s market capitalisation of Rs 1,594.74 crore is smaller than Pokarna Ltd.'s Rs 2,875.47 crore but larger than Orient Bell Ltd.'s Rs 468.97 crore. These comparisons highlight the company's relative position within the industry, with strengths in profitability but challenges in valuation.

Why Investors Are Watching Asian Granito India Ltd.

Asian Granito India Ltd. has captured investor attention due to its significant price rise and strong fundamentals. The company's performance today highlights its potential within the construction materials sector.

• Price Action: 12.28% rise to Rs 60.05.
• Technical Position: Strong trading volume and upward momentum.
• Fundamental Context: High P/E ratio, strong ROE and ROCE.
• Sector Positioning: Operates in a competitive industry with high valuation metrics.

Investors should monitor the company's future performance, particularly in terms of maintaining profitability and managing its valuation relative to industry peers.

About Asian Granito India Ltd.

Asian Granito India Ltd. is a prominent player in the construction materials sector, focusing on ceramics, marble, granite, and sanitaryware. The company is known for its diverse product offerings and innovative designs, catering to a wide range of customer preferences.

With a strong presence in the Indian market, Asian Granito India Ltd. has established itself as a leading manufacturer and exporter of tiles and other construction materials. The company's commitment to quality and customer satisfaction has driven its growth and success 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 and traders can track the live share price of Asian Granito India Ltd. on Univest, along with technical indicators, fundamental ratios, and shareholding patterns. Univest provides comprehensive market insights and 52-week levels to help users make informed investment decisions.

Frequently Asked Questions

What was the closing price of Asian Granito India Ltd. today?

Ans. Asian Granito India Ltd. closed at Rs 60.05 today, marking a 12.28% increase from the previous close of Rs 53.48. This significant rise positions the company as a top gainer.

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

Ans. The share price of Asian Granito India Ltd. increased by 12.28% today, closing at Rs 60.05. This rise reflects strong market interest and trading activity. The stock moved 12.28% during the session.

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

Ans. Asian Granito India Ltd. has a market capitalisation of Rs 1,594.74 crore, placing it within the small cap category in the construction materials sector. The company operates in the Construction Materials sector.

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

Ans. The P/E ratio of Asian Granito India Ltd. is 75.98, which is higher than the industry median of 27.99, indicating a relatively expensive valuation. The company trades at a P/E ratio of 75.98x.

How does Asian Granito India Ltd.'s ROE compare to the industry?

Ans. Asian Granito India Ltd.'s ROE is 10.3%, significantly higher than the industry median of 0.23%, showcasing strong profitability compared to peers. ROE stands at 10.3%. ROCE stands at 12.81%. The relevant peer median ROE is 0.23%.

What is the ROCE of Asian Granito India Ltd.?

Ans. The ROCE of Asian Granito India Ltd. is 12.81%, indicating efficient capital utilization and strong profitability compared to industry peers. ROE stands at 10.3%. ROCE stands at 12.81%. The relevant peer median ROE is 0.23%.

How does Asian Granito India Ltd.'s P/B ratio compare to the industry?

Ans. Asian Granito India Ltd.'s P/B ratio is 1.04, slightly below the industry median of 1.18, suggesting a more conservative valuation in terms of book value. The company trades at a P/E ratio of 75.98x.

What industry does Asian Granito India Ltd. operate in?

Ans. Asian Granito India Ltd. operates in the ceramics, marble, granite, and sanitaryware industry, part of the broader construction materials sector. The stock belongs to the Construction Materials sector. Its industry classification is Ceramics/Marble/Granite/Sanitaryware.