What a dream run it has been for the Indian equity market in 2017 - and who would have thought. If we rewind back and talk about all the gloom and doom that were surrounding us back in December of 2016; demonetisation and impending huge indirect tax reform. Well, the Indian market has come a long way and come on top.
Asian Granito India is in focus on the back of a decent set of Q2 numbers and the fact that the goods and services tax (GST) on tiles and marble has been cut from 28 percent to 18 percent.
In an interview to CNBC-TV18, Himanshu Shah, Head-Finance at Asian Granito India spoke about the latest happenings in the company and his outlook going ahead.
Ceramic tiles makers rallied in trade on Tuesday with stocks like Orient Bell and Asian Granito India hitting new highs. In an interview to CNBC-TV18, Madhur Daga, MD of Orient Bell spoke about the latest happenings in the company and his outlook going ahead.
“In spite of 20 percent GST rate, there will be a very good impact on positive side on the organised players like us”, Himanshu Shah, Head-Finance of Asian Granito India told CNBC-TV18.
In an interview to CNBC-TV18, Himanshu Shah, Head-Finance of Asian Granito India spoke about the promoters hiking their stake in the company, latest happenings in his company and sector.
In an interview to CNBC-TV18, Himanshu Shah, Head-Finance at Asian Granito India spoke about the results and his outlook for the company.
The anti-dumping duty levied by the government on Chinese tiles is below expectations and is only a temporary relief for the industry, says Himanshu Shah, CFO, Asian Granito.
Anti-dumping duty imposed by the government is positive for the company. Expect Chinese tiles to become less competitive, says Vikram Somany, CMD, Cera Sanitaryware.