#ASIANTILES
Asian Tiles alias Asian Granito
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Techno-fundamental pick for Medium and Long-term pick.
Current Market Price 159
Book value itself 153
Nice industry. A proxy for Housing and Infra
Face Value : 10
Small cap stock
PE ratio stands at 12 vs industry PE of big 54
Its peers have done well.
The stock is at very good valuation
Technically a high conviction stock.
Forms nice lows and at strong support levels
News: the management is expecting to double its exports 😊 by 2022
Levels to add.
FIRST TRANCHE at CMP 159
Second at 126 if comes
Final tranche at 98.5
SL closing below 75
More than all the above.. We are taking this stock into Finpati Portfolio
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