Aro Granite Industries Ltd: Value and Growth StocksOct 1, 2014
Aro Granite Industries Ltd can be a good proxy to infra stocks. This is in granite tiles and slabs business of various colors. The Company exports granites mainly to Japan, the United States, the United Kingdom, Germany, Netherlands, Italy, West Asia, Eastern Europe and Latin America.
It is available at reasonable price and is a good company. I think it is a good buy for short to long term. No need to sell it for few years.
CMP = 82.50,
P/E = 6.59,
P/B = 0.80,
P/S = 0.45.
There is light FII shareholding is also there.
It is a growing company and it has a good use in small shops and industry in place of marbles.