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In today’s briefing:
- Asahi India Glass Ltd: A.G.E. Analysis
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Asahi India Glass Ltd: A.G.E. Analysis
- Asahi India Glass (AISG IN) is an integrated glass and window solutions company and engages both in the automotive and the building & construction segments.
- While capital allocation is not a major concern for the company, the only element that could warrant attention is CWIP as the company has several projects overdue.
- Margins have been strong yet slightly fluctuating in the last two years. Overall, the balance sheet health looks okay.