It is only normal to see many stocks battered below their book value in spite of the earnings and growth being impressive. Let me bring to you notice one such stock courtesy Saurabh Jain.
Stock: Asian Granito India Limited
Industry: Ceramics
Book Value: Rs 74.70
Market Value (As on 11.11.2008): Rs 19.85
52 Week High: Rs 135
Sales: Rs 202.94 Crore as on March 2008
YoY Sales Growth: 23%
Net Profit Margin: 13%
That's something to chew on...
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