Tuesday, September 9, 2008

Aro Granite fixed 30 September 2008 as the record date for 1:2 bonus issue.

Aro Granite Industries gained 1.14% to Rs 93 at 12:37 IST on BSE, after the company said on Tuesday, 9 September 2008, its board has fixed 30 September 2008 as the record date for 1:2 bonus issue.
The company fixed the record date during trading hours today, 9 September 2008.
The stock hit a high of Rs 94 and a low of Rs 91.80 so far during the day. The stock has a 52-week high of Rs 142 on 16 January 2008 and a 52-week low of Rs 65.70 on 19 March 2008.
The company’s current equity is Rs 7.39. Face value per share is Rs 10.
The current price of Rs 93 discounts Q1 June 2008 annualized EPS of Rs 20.78, by a PE multiple of 4.48.
Aro Granite Industries’ net profit rose 4.1% to Rs 3.84 crore on 27.2% increase in net sales to Rs 31.38 crore in Q1 June 2008 over Q1 June 2007.
The company is engaged in manufacturing and selling granite tiles and slabs. It exports granite to Canada, UK, South America, South Africa, Australia, New Zealand, Russia, Hawaii and other countries of the world.

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