Glittek Granites Faces Increased Selling Pressure Amidst Consecutive Losses and Market Concerns
2025-04-03 10:35:07Glittek Granites Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend has resulted in consecutive days of losses, raising concerns among market observers. Over the past week, Glittek Granites has declined by 3.40%, while the benchmark Sensex has only fallen by 1.51%. Despite a strong performance over the past month, where the stock rose by 19.74% compared to the Sensex's 4.58%, the recent downturn highlights a shift in market sentiment. Over the last three months, Glittek Granites has managed a modest gain of 1.56%, contrasting with the Sensex's decline of 3.52%. However, the stock's year-to-date performance remains positive at 11.79%, outperforming the Sensex, which is down 2.18%. The price summary indicates that Glittek Granites is currently above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below its 5-day moving averag...
Read MoreGlittek Granites Faces Increased Selling Pressure Amidst Consecutive Losses
2025-04-02 10:35:07Glittek Granites Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of consecutive days of losses, raising concerns among market observers. Over the past week, Glittek Granites has declined by 5.21%, contrasting sharply with the Sensex, which has only fallen by 1.12% during the same period. Despite a strong performance over the past month, where the stock rose by 14.04% compared to the Sensex's 4.40%, the recent downturn highlights a shift in market sentiment. Over the last three months, Glittek Granites has managed a gain of 6.56%, while the Sensex has dropped by 4.41%. However, the stock's year-to-date performance remains positive at 11.79%, outperforming the Sensex's decline of 2.20%. The price summary indicates that Glittek Granites is currently above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is b...
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Glittek Granites Faces Financial Challenges Amid Shift to Mildly Bullish Trend
2025-04-02 08:16:06Glittek Granites has recently experienced a change in its evaluation, reflecting a shift in its technical trend. Despite reporting flat financial performance and facing challenges such as a negative book value and high debt-to-EBITDA ratio, the stock has notably outperformed the broader market over the past year.
Read MoreGlittek Granites Ltd Shows Resilience with 49.18% Annual Surge Amid Market Volatility
2025-04-01 11:40:10Glittek Granites Ltd, a microcap player in the Ceramics/Marble/Granite/Sanitaryware industry, is currently witnessing strong buying activity despite a recent streak of losses. The stock has experienced a consecutive decline over the past six days, with a total drop of 8.82%. Today, it reported a performance of -1.52%, slightly better than the Sensex, which fell by 1.53%. In terms of longer-term performance, Glittek Granites has shown resilience, with a notable 14.04% increase over the past month, significantly outperforming the Sensex's 4.15% gain. Over the past year, the stock has surged by 49.18%, while the Sensex managed only a 3.00% increase. Year-to-date, Glittek Granites has risen by 11.79%, contrasting with the Sensex's decline of 2.44%. The stock opened with a gap up today, indicating initial buying interest, and has maintained higher values than its 20, 50, 100, and 200-day moving averages, altho...
Read MoreGlittek Granites Faces Increased Selling Pressure Amid Consecutive Losses and Market Underperformance
2025-03-28 15:35:04Glittek Granites Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past five days, with a notable decline of 7.41% during this period. In today's trading, Glittek Granites fell by 1.91%, underperforming the Sensex, which decreased by only 0.25%. Despite a strong performance over the past year, where the stock gained 51.48% compared to the Sensex's 5.11%, recent trends indicate a shift. Over the last week, Glittek Granites has underperformed the broader market, contrasting sharply with its 1-month performance of 15.79%, which outpaced the Sensex's 5.76%. The stock's current price summary reveals that it is underperforming its sector by 0.53%. While it remains above its 20-day, 50-day, 100-day, and 200-day moving averages, it is currently below its 5-day moving average. This combination of factors may be c...
Read MoreGlittek Granites Faces Increased Selling Pressure Amid Consecutive Losses and Market Volatility
2025-03-27 10:35:06Glittek Granites Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past four days, resulting in a total decline of 5.61%. In today's trading session, Glittek Granites fell by 1.88%, underperforming the Sensex, which gained 0.53%. Over the past week, the stock has declined by 4.07%, while the Sensex has risen by 1.77%. Despite a strong performance in the longer term, with a 49.05% increase over the past year compared to the Sensex's 6.44%, recent trends indicate a shift in market sentiment. The stock's performance relative to key moving averages shows it is currently above the 20-day, 50-day, 100-day, and 200-day moving averages, but below the 5-day moving average, suggesting a potential short-term weakness. Contributing factors to the selling pressure may include market volatility and shifts in investo...
Read MoreGlittek Granites Faces Intense Selling Pressure Amid Recent Price Declines
2025-03-26 10:35:08Glittek Granites Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced a consecutive decline over the past three days, resulting in a total loss of 3.81%. Today, Glittek Granites reported a performance drop of 1.84%, notably underperforming the Sensex, which fell by just 0.10%. In the broader context, Glittek Granites has shown mixed performance over various time frames. While it has gained 18.52% over the past month and 51.90% over the past year, its recent performance has diverged from the Sensex, which has seen a 3.30% increase over the past week. The stock's year-to-date performance stands at 17.94%, contrasting with the Sensex's slight decline of 0.25%. Despite its strong long-term performance, including a remarkable 348.60% increase over the past five years, the current selling trend raises questions about pot...
Read MoreGlittek Granites Faces Increased Selling Pressure Amid Recent Performance Declines
2025-03-25 10:35:09Glittek Granites Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past two days, with a decline of 2% during this period. Today, Glittek Granites reported a performance drop of 1.81%, contrasting sharply with the Sensex, which gained 0.61%. In terms of weekly performance, Glittek Granites has seen a 2.95% increase, but this is notably lower than the Sensex's 4.19% rise. Over the past month, the stock has performed well with a 20.74% increase, yet this is still above the Sensex's 5.17% gain. However, the stock's three-month performance shows a slight decline of 1.61%, while the Sensex remained nearly flat at -0.02%. Despite its strong long-term performance, including a remarkable 336.61% increase over five years compared to the Sensex's 174.95%, the current selling trend raises questions. The stock is tr...
Read MoreGlittek Granites Faces Intense Selling Pressure Amidst Ongoing Losses and Market Concerns
2025-03-24 10:35:05Glittek Granites Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of consecutive days of losses, raising concerns among market observers. Over the past week, Glittek Granites has experienced a decline of 7.08%, while the benchmark Sensex has risen by 4.65%. In the broader context, Glittek Granites has demonstrated strong performance over the past month, gaining 28.61% compared to the Sensex's modest increase of 4.25%. However, the stock's performance over the last three months shows a slight gain of 0.40%, contrasting with the Sensex's decline of 1.09%. Despite a robust one-year performance of 50.30% against the Sensex's 6.57%, the recent selling pressure may be attributed to various factors, including market sentiment and sector-specific challenges. Notably, Glittek Granites is trading above its 5-day, 20-day, 50-day, 100-d...
Read MoreClosure of Trading Window
09-Apr-2025 | Source : BSEClosure of Trading Window
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
07-Apr-2025 | Source : BSEFormat of Initial Disclosure to be made by an entity identified as a Large Corporate.
Sr. No. | Particulars | Details |
1 | Name of Company | Glittek Granites Ltd |
2 | CIN NO. | L14102KA1990PLC023497 |
3 | Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) | 0.00 |
4 | Highest Credit Rating during the previous FY | NA |
4a | Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4) | Not Applicable |
5 | Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework | BSE |
Designation: COMPANY SECRETARY AND COMPLAINCE OFFICER
EmailId: LATABAGRI@REDIFFMAIL.COM
Designation: CFO
EmailId: MODI@GLITTEK.COM
Date: 07/04/2025
Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
07-Apr-2025 | Source : BSEPFA
Corporate Actions
No Upcoming Board Meetings
No Dividend history available
No Splits history available
No Bonus history available
No Rights history available