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Company Profile:

Associated Stone Industries Kotah Ltd. (ASI), enacted in 1945, enters numerous industries like Stone Production, Construction, and Cement. It offers natural stones together with slides, arenaceous rock and granite. The corporate has its registered workplace in city.

ASI owns the world's largest 10-sq kick quarry set in Ramganjmandi, Rajasthan; glorious quality home Quota Stone. The quarry produces quite twelve million sq. meters of Quota Stone annually. For quite seven decades the corporate has continuing to achieve ground within the stone mining trade through innovative methods; to integrate the advancement of innovative technology backed by Associate in Nursing trade expertise created with its long history

ASI through advanced mining techniques has reworked the Indian stone trade and set the stage for the trade of mensuration. Equipped with the most effective diamond tools for cutting, cutting and building numerous natural gemstones, it produces different top quality merchandise, in line with international standards authorized  by five,000 dedicated, avid and driven staff.

Personal View:

Associates stone ltd, is the world largest stone mining company. The company has plant in Kota, Rajastahan. The company have wide range of stones those are into the demand in the market. Some of the stone name of the company as diamond, fermo,lucca, fish, mesh mount, pebble, masonry etc 

The infrastructure sector is under values at this moment but in future the products of this company will be more demand as the demand will pick up in real estate and in the industry.

If i will take about the management then company has strong management and having vast experience in the segment in which they operate. Company may do some acquisition in the future as company has cash into its books or company may offer good dividend to the share holders. The share holding pattern is also giving confidence for making investment. 

The company share price is trading at average valuation. The demand for the product of the company will increase. The growth story of the India is good. Especially in infrastructure sector. Due to the modernization of infrastructure in India will give better opportunities to companies in their expansion plans. The govt has also focus on real estate sector because Everyone want his/her own house  in India.. The real estate sector will be more in focus in India for coming many years. There is no any question that the competition in the market will increase. In such scenario, The Company having strong products and strong management will win the race. Because the strong management know how to set brand positioning of their products into the mind of the customers. ASI company products will be in focus because if the growth of the housing construction sector will increase then the product of the company will also be in demand. The requirement of the fancy stones is in more demand these days. Everyone want to see its house floor in good look.

 In Nutshell, I will say that it may become good investment stock for coming years. company may announce bonus in coming years as cash is on the company books.

  Bse code502015

Buy Associated stones @26.45rs 

 Targets:  28rs, 30rs, 32rs, 35rs, 38rs, 40rs+

 Disclaimer: Please do your own research before making any investment. My view may differ from others.

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