In an interview to CNBC-TV18, Himanshu Shah, Head-Finance of Asian Granito India spoke about the promoters hiking their stake in the company and the sector overall.
He said the promoters acquired 5 percent stake in the open market in Q4FY17.
Speaking about business, he said that anti-dumping duty is positive for vitrified tiles segment. Shah is also optimistic on the margin front because of better product mix.
For entire interview, watch accompanying video.
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