Page 4 - Asian Paints

Paint stocks up on price hike reports; Asian, Berger Paints gain up to 6%

Paint companies Asian Paints and Berger Paints have taken high-single-digit price increases across their portfolio in a move to offset the rising inputs costs, indicate reports

Asian Paints slips 10% in 3-days post Q2 results; stock at 5-month low

With regards to the whistleblower's claim of related party transaction, Asian Paints has clarified the transactions were undertaken in compliance with law and there was no basis for the allegations

Asian Paints' net profit declines 29% to Rs 605 cr in September quarter

Asian Paints on Thursday reported a 29 per cent decline in consolidated net profit to Rs 605.17 crore in the second quarter ended September 30, on account of higher expenses, especially input costs

Sensex slips 336pts; Nifty Bank at new high; RIL falls 3%, TaMo DVR up 10%

Stock market LIVE: The broader markets also ended with notable losses as profit-taking continued for the third straight trading session, amid valuation and inflation concerns

Asian Paints dips 7% post Q2 results; stock hits over 2-month low

Steep inflation seen in raw material prices, since the beginning of this calendar year, has been phenomenal and has impacted gross margins across all businesses in the quarter.

Stocks to Watch: Asian Paints, Biocon, IDBI, JSW Steel, Lodha, TVS Motors

State-run PSU banks and telecom stocks are likely to be in focus along with a slew of mid- and small-cap companies that shall announce their September earnings today

A tug-of-war between bulls and bears: Analysts divided on Asian Paints

But given an optimistic market and a good monsoon, an upside is more likely

Consumer goods companies continue to lose out to other sectors on bourses

Their weighting on the benchmark Nifty50 has fallen to 15%, an 11-year low

Wipro, HCL feature among 12 Indian firms in Hurun Global 500 list

Wipro, HCL Technologies and Asian Paints were the new Indian entrants among the top 500 companies in the world, as per the latest Hurun Global 500 list

Tech View: How to trade paint stocks amid drop in crude oil prices?

Share of Asian Paints and Berger Paints recorded new all-time highs in trade on Thursday

Margin concerns may limit upsides in Asian Paints stock

While volume performance has been strong, valuations factor in the gains

Asian Paints profit up 161% at Rs 574 crore, m-cap hits Rs 3 trillion

Firm becomes India's 12th most valuable company after June qtr results beat expectations

Asian Paints rallies 7%, hits record high as Q1 profit beats estimate

The domestic decorative business more than doubled its volume and delivered stellar revenue growth on a low base

Stocks to watch: HCL Tech, Bajaj Finance, ACC, Clean Science, Asian Paints

Cement maker ACC reported an over two-fold jump in consolidated net profit to Rs 569.45 crore for the second quarter ended June 2021

Asian Paints vice chairman Manish Choksi joins Bizongo Advisory board

Bizongo, a B2B platform for unbranded goods, on Monday said it has created an advisory board and onboarded Asian Paints Vice Chairman Manish Choksi to the panel. The industry veteran brings with him over three decades of entrepreneurial and leadership experience in strategic integration of technology with a sharp focus on business expansion and growth across global markets, a statement said. Bizongo, which recently closed its series C funding of USD 51 million, is gearing to transform into a sustainable global institution as it expands in emerging markets of South East Asia, such as Thailand, Indonesia, Malaysia and Vietnam and starts servicing the developed markets of US, Middle East, Europe, it added. "With Choksi's counsel, Bizongo aims to ramp up its efforts across digital vendor management, supply chain automation, and supply chain financing. In parallel, the company is also focusing on creating a stronger portfolio of unbranded products that are not limited to packaging and ..

Consumer discretionary index hits all-time high; analysts see more upside

The recent optimism at the bourses stems from the hope that consumers will resort to 'revenge buying' once the lockdown condition is lifted following the second wave of Covid infections receding

Asian Paints expects demand uncertainty in home improvement categories

Asian Paints expects an 'uncertainty in demand' in the home improvement categories on account of disruptions in operations after the second wave of the coronavirus pandemic

Margin worries, valuations weigh on Berger Paints amid strong Q4 show

The company's Q4 show, however, was better than market leader Asian Paints

Top trading ideas by Ajit Mishra: Buy Asian Paints, IDFC First Bank

The overall chart pattern of Asian Paints indicates that the prevailing momentum is likely to continue

After strong Q4 performance, Asian Paints faces multiple challenges

The Covid wave, rising raw material costs can impact near-term sales