Asian Granito buy for 100%+ gainsStock is highly corrected, forming a beautiful bullish bat pattern.
Current price around 41. Book value 104.
Market cap is below 600. Company has reserves more than 1100.
Multibagger potential.
Key stats
Market capitalization
4.393BINR
Dividends yield (FY)
2.01%
Price to earnings Ratio (TTM)
—
Basic EPS (TTM)
−0.70INR
About ASIAN GRANITO INDI
ISIN
INE022I01019
Sector
Producer Manufacturing
Industry
Building Products
Website
aglasiangranito.com
Headquarters
Ahmedabad
Employees
1.616K
Founded
2000
Asian Granito India Ltd. engages in manufacture of tiles and marbles. It includes grestek, floor tiles, wall tiles, outdoor and parking tiles, composite marbles, quartz, e rock, sanitary ware, and faucet. The company was founded in 2000 and is headquartered in Ahmedabad, India.
Asian Granito (A Potential Multibagger)Price bounced from long term support and also at key support level as confluence.
Turn around potential is visible fundamentally.
Accumulate at current levels for a multibagger return in long term.
Medium term swing target @ 150 (110% ROI)
Long term positional target @ 250 (255% ROI)
Long term
Good time to invest for long termGlobal market is down due to Russia vs Ukraine war fear, it's a good time to invest for long term as the good shares are available at cheaper rates.
planning to launch one of the World’s largest Tiles showroomAsian Granito India Ltd is planning to launch one of the World’s largest Tiles showroom in India’s Tiles hub – Morbi, Gujarat. The showroom is conceptualised in 1.5 lakh square feet area and aims to showcase AGL Group’s production, technological excellence at one place. The showroom will have the en
Asian Tiles Triangle Pattern BreakoutAsian Tiles Triangle Pattern Breakout, Company has performed good last year and we can expect a recovery from now on .
Live Challenging Stock Market Analysis Buy ASIANTILES @ 164.50Market Analysis
Live Challenging Stock Market Analysis Buy ASIANTILES @ 164.50
Target @ 250.60
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