Mon, Nov 18, 2024
After the earnings season is about to close and many entities have announced dividend for the FY25, here is a chance to bag the passive income flow.
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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.
Mon, Nov 11, 2024
Decorative paints of the company logged volume degrowth, while analysts expected a decent volume growth of 6-8 per cent.
Thu, Jan 20, 2022
Asian Paints on Thursday reported decline in consolidated net profit (non-controlling interest) by 18 per cent to Rs 1015.69 crore in the quarter ended December 31, 2021, against Rs 1,238.34 crore in the same quarter last year.
Wed, Jan 19, 2022
Asian Paints is likely to report mixed top and bottom line numbers on Thursday for the third quarter earnings of the financial year 2021-22 (Q3FY22).
Fri, Oct 29, 2021
Sonata Software, Supreme Industries Ltd and ICICI Lombard General Insurance Company Ltd have announced dividends of Rs 8, Rs 6 and Rs 4 respectively for their shareholders, the ex-date of which is October 29
Thu, Oct 28, 2021
In major corporate actions, the record date of Asian Paint interim dividend, Bharat Gears rights issue and IRCTC (Indian Railways Catering and Tourism Corporation), all are lined up for tomorrow, October 29, 2021.
Wed, Oct 27, 2021
The Indian markets gave up its intraday gain to close on a negative note on Wednesday. The BSE Sensex declined 206.93 points or 0.34 percent to close at Rs 61143.33; while Nifty50 tumbled 57.45 points or 0.31 percent to settle the day at Rs 18,210.95.
Thu, Oct 21, 2021
Nifty heavyweight Asian Paints’ topline rises, while the bottomline along with margins declined on a consolidated basis in the second quarter of the financial year 2021-22 (Q2FY22).
Fri, Oct 01, 2021
The Indian market on the first of October series end on a negative note for the fourth straight session, as Sensex tumbled 361 points, while Nifty50 closed below 17550-mark.
Thu, Sep 09, 2021
Analyst and Market Expert Sandeep Jain said that Apcotex Industries is a good quality company and was started in the year 1980 as a division of Asian Paints.
Tue, Sep 07, 2021
Stocks to Buy – RIL, Bharti Airtel, Asian Paints, Tata Consumer – Analyst Nilesh Jain, Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking, was bullish on the aforesaid stocks. The stocks were among the top gainers on the Nifty 50 on the intraday basis. The stocks are expected to do well in the September series as markets gain from strength-to-strength
Fri, Aug 20, 2021
According to the latest Hurun Global 500 list, Wipro, HCL Technologies and Asian Paints were the new Indian entrants among the top 500 companies in the world.
Tue, Jul 20, 2021
The Q1 profit of the company jumped on the back of strong volumes and revenues over a lower base.
Tue, Jun 15, 2021
Asian Paints was trading on Tuesday at Rs 3026, up Rs 75 or 2.6%. Asian Paints share price made new life high of Rs 3033 on June 15. Asian Paints market cap is 2.9 lk cr. Asian Paints is the leader in the paint industry, followed by Berger Paints, Kansai Nerolac, Akzo Nobel, Shalimar Paints and other peers in the Industry. The stock also emerged as the top gainer on Nifty today
Tue, May 25, 2021
Sharekhan says that Asian Paints registered strong volume led performance in Q4FY2021 with revenues growing by 44% to Rs 6651 cr and PAT growing by 81% to Rs 870 cr. Strong volume growth momentum was sustained in the decorative paints business for the third consecutive quarter. It stood at 48% in Q4 as against street expectations of 30-35%
Asian Paints – This stock was trading at Rs 2899.90 today around this time, up by almost 3 per cent. The stock not only attained its 52-week high today but also its lifetime high of Rs 2917.10. Volume traded has already crossed yesterday’s total volume. Asian Paints is trading higher than 5-day, 20-day, 50-day, 100-day and 200 day moving averages
Mon, May 17, 2021
Amit Syngle, MD & Chief Executive Officer, Asian Paints Ltd. talks about Q4FY21 number, Impact of lockdown and restrictions in different states, dealership situation, margins, tie-up with designer Sabyasachi among others during a candid chat with Zee Business Executive Swati Khandelwal
Fri, May 14, 2021
On the back of strong volume growth and operating income in Q4FY21, the brokerage firms are now bullish on Asian Paints expect the shares of the company to rise exponentially.
Sharekhan says that Asian Paints registered strong volume led performance in Q4FY2021 with revenues growing by 44% to Rs 6651 cr and PAT growing by 81% to Rs 870 cr. Strong volume growth momentum was sustained in the decorative paints business for the third consecutive quarter. It stood at 48% in Q4 as against street expectations of 30-35%. Further, on a normalised basis it stood at 30%. This was mainly led by strong demand that sustained in tier 2/3/4 towns while strong resurgence was seen in the metros and tier-1 markets
Thu, Mar 25, 2021
Asian Paints has underperformed the broader indices with 15% correction in its stock price since its high in January 2021 compared to a 2% decline in the Nifty Consumption index and a 3% increase in the NSE Nifty. The stock is currently trading at 53x its FY2023E earnings. The correction provides a good entry opportunity in the quality consumption stock as it has a strong balance sheet and long-term growth prospects are intact.
Tue, Mar 16, 2021
Asian Paints is test-marketing / introduced designer tiles maintaining the template of entering at least one new business each year in last seven years. In ICICI Securities view, designer tiles can open up additional revenue opportunity of Rs 30000 per household.
Wed, Feb 24, 2021
Asian Paints clocked a record-breaking Q3 FY21. However, we had highlighted the possibility of correction post news of Grasim’s entry in the paints segment; Asian Paints has now corrected a healthy 12%. In the paints industry, no new player has touched even INR10bn revenue after 10 years as gaps in either product or servicing are not significant in the industry to exploit.
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