Tue, Nov 12, 2024
As the demand conditions remain weak amid muted consumer sentiment amid a host of headwinds, Asian Paints continued to crack for the second straight session after its Q2 earnings.
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Fri, Nov 08, 2024
Even though margins at the paints company is likely to take a hit, price increases will offer some support to the company.
Thu, Jul 18, 2024
As Asian Paints posted weak June quarter results, most brokerages reduced their target price on the stock, with Citi anticipating up to 19 per cent downside.
Fri, May 10, 2024
Asian Paints' EBITDA declined by nine per cent to Rs 1,692.0 crore in the fourth quarter compared to Rs 1,864.0 in the same quarter last fiscal. The company's profit after tax (PAT) was up by just one per cent to Rs 1,275 crore in the quarter under review compared to Rs 1,258 crore Year-on-Year (YoY). Volume growth in the company was 10 per cent, which was above research estimates of 5 to 6 per cent.
Wed, May 08, 2024
EBITDA margin growth, however, is seen to remain steady on-year at 21 per cent due to higher ad-spends, even though the company’s gross margin is expected to log growth.
Tue, Mar 19, 2024
Focus on Paints shares - Price list of Birla Opus products released, what is the opinion of brokerage on Birla Opus? How much discount on Birla Opus products? Focus on which paints companies - know in this video...
Wed, Dec 06, 2023
In its brokerage report, Macquarie said that it expects the company's volume growth in the second half to be driven by festive demand in Q3 and an increase in exterior painting during the fourth quarter. It further said that the double-digit growth for the company is expected to sustain over the next five-seven years.
Wed, Nov 22, 2023
Zee Business brings to you 3 stocks recommended by brokerage firms to keep an eye out for.
Fri, Oct 27, 2023
Demand is expected to increase in the festive season... further improvement in results is possible due to increase in demand: Amit Singal, MD & CEO, Asian Paints
Wed, Jul 26, 2023
Top management of Asian Paints. Discussion on results and business outlook.Q1 profit up 52% to ₹1575 crore. What supported margins in Q1? What were the key triggers for the results? How is the current demand trend, what is the roadmap for expansion? Where is the company's focus for growth? Watch an exclusive interview with Amit Singal, MD & CEO of Asianpaints
Tue, Jul 25, 2023
Asian Paints results highlights. Why did Asian Paints fall after the results? Know full details in this video
Thu, Jan 19, 2023
The paint major is expected to register a 10 per cent growth to Rs 1,130 crore in a net profit for the quarter ended December 2022 compared with the corresponding period a year ago, according to Zee Business research.
Mon, Jan 09, 2023
Asian Paints has announced plans to set up a new water-based paint manufacturing facility with a capacity of 4 lakhs kilolitres per annum at Rs 2,000 crores.
Thu, Dec 01, 2022
Asian Paints share price: While the lack of positive revenue is surprising for the brokerage firm, it has still maintained its Neutral rating and has given a target of Rs 3365 apiece.
Mon, Sep 19, 2022
This penny stock which traded at a price of Rs 2.31 per share on the BSE had declared a dividend of Rs 15 per equity share, more than 6.5 times of its current share price.
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