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Tuesday, January 15, 2008

Aro Granite Industries-Multibaggers

Aro Granite Industries : Reco Price Rs. 104.90 CMP: Rs.104.90 (Gain 0.00%)

Aro Granite Industries Ltd. is a 100% Export Oriented Unit located at Hosur near Bangalore and exports polished Granite Slabs and Granite Tiles to US, Canada, Europe, Japan, and Far East. The operations of company have suffered due to the strengthening of rupee in recent times, however the company’s expanded capacities in Granite Tiles and Granite Slabs which has recently gone on stream alongwith its change in focus and a shift towards the domestic markets may see it tide over the problems due to rupee rise.

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