Organised players continues to face a tough operating environment amid heightened competitive intensity from unorganised player
During Q1 and Q2, Kajaria has displayed resilient operational performance which indicates the superior execution capabilities in a tough market environment
Asian Granito has been consistently delivering industry-leading double-digit volume growth for the past few quarters. It continues to expand its retail footprint in an aggressive manner and is focusing on value-added products to enhance margins
While Asian Granito is focusing on increasing its retail presence, Kajaria and Somany are gradually diversifying their business by foraying into sanitaryware and bathware segments
Edelweiss is bullish on Asian Granito recommended buy rating on the stock with a target price of Rs 625 in its research report dated May 21, 2018.
Brokerage house Firstcall Research is bullish on Asian Granito India and has recommended buy rating on the stock with a target price of Rs 164 in its research report dated April 09, 2015.
Brokerage house Firstcall Research has recommended hold rating on Asian Granito India with a target price of Rs 41, in its December 31, 2013 research report.
Brokerage house Firstcall Research has recommended hold rating on Asian Granito India with a target price of Rs 29, in its October 05, 2013 research report.