Page 6 - Asian Paints

Asian Paints reports 1.15% rise in net profit at Rs 852 cr in Sept quarter

The company had posted a net profit of Rs 842.14 crore in the July-September quarter a year ago

MARKET WRAP: Sensex slips 149 pts in volatile trade; mid, small-caps shine

All that happened in the markets today

Asian Paints slips over 1.5% ahead of Q2 result; here's what to expect

For the quarter under review, analysts at IDBI Capital expect a strong recovery in the decorative coatings business compared to 1QFY21.

Paint stocks in focus; Asian Paints, Berger Paints hit record highs

In the past three months, Asian Paints (up 22 per cent) and Berger Paints (up 19 per cent) outpaced the benchmark index, which gained 8 per cent during the same period

Nerolac expects double-digit growth this year, to invest Rs 450 cr

A 57 per cent market share in the automotive paints segment makes Kansai Nerolac the largest segmental player

Asian Paints: Investors should look at the stock for long term on dips

In addition to paints, construction chemicals and home decor could add to incremental growth

Paint stocks' valuations dicey, investors should await better entry point

Gains from expected business recovery and benign input costs already priced in Asian Paints and Berger Paints' scrips

Paint stocks in focus; Asian Paints hits record high, Berger Paints up 2%

Kansai Nerolac Paints and Shalimar Paints, too, were up 2 per cent each, as compared to 1.4 per cent rise in the S&P BSE Sensex at 01:08 pm

Berger Paints: Weaker Q1 show indicates premium valuation unjustifiable

46% fall in top line and muted profit margin led to 88% dip in pre-tax profit in June quarter

Asian Paints gains 3% in an otherwise weak market post June quarter results

The company's decorative business segment witnessed improving business conditions in May and June

After all-round Q1 beat, Asian Paints may find it hard to convince Street

Revenue down by 43% and PBT 70%; scepticism is around sustenance of volume recovery

Asian Paints Q1 net profit falls 67.3% to Rs 219.6 cr, revenue down 42.7%

Revenue from Home Improvement was at Rs 52.09 crore compared to Rs 107.84 crore last year

MARKET WRAP: Sensex trims losses, ends 12 pts down; Nifty closes at 11,194

All that happened in the markets today

Asian Paints shares slip 2% ahead of Q1FY21 result; here's what to expect

June performed better than May as things began to normalise; however production levels are back to only 60-70 per cent, analysts note.

Market Ahead, July 24: All you need to know before the opening bell

Today, a total of 71 companies including ITC, Asian Paints, and Ambuja Cements are scheduled to announce their quarterly results

ITC, HDFC Bank, and 62 other stocks face stiff resistance at 200-DMA

The 200-DMA is acting as a major hurdle for major stocks like ACC Ltd, Adani Ports, and Asian Paints, among others

Faster recovery in rural areas, cheaper oil augur well for paint firms

Shares of Asian Paints, Berger Paints, and Kansai Nerolac gained between 3.7 and 7 per cent, even as the Sensex fell 1.5 per cent on Wednesday

MARKET WRAP: Sensex falls 561 pts ahead of F&O expiry; financials top drag

All that happened in the markets today

Asian Paints rallies 7% post March quarter results; stock top Sensex gainer

For the quarter under review, the paint company posted a profit before tax (PBT) of Rs 699 crore on a consolidated basis, down 5.68 per cent year-on-year (YoY).

Asian Paints profit before tax down nearly 6% to Rs 700 crore in Q4

Net profit of the Mumbai-based company fell 2.1 per cent year-on-year to Rs 461.9 crore in Q4, below Street estimates of Rs 512 crore as polled by Bloomberg.