Tue, Mar 19, 2024
Most paint stocks faced selling pressure on Tuesday after Aditya Birla group company Grasim released the price list of its newly launched paint brand Birla Opus. At noon, Asian Paints, Berger Paints, Kansai Nerolac, Akzo Nobel and Indigo Paints traded between 0.1 per cent 2.4 per cent lower.
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Thu, Feb 22, 2024
Grasim Industries shares rose while a bunch of paint companies' stocks were under pressure on Thursday as the Aditya Birla group company inaugurated its first paint plant in the country.
Wed, Aug 09, 2023
Berger Paints reported a 39.8 per cent year-on-year increase in net profit to Rs 354.4 crore for the June quarter, better than analysts' estimates.
Tue, Jul 25, 2023
Asian Paints reported a set of quarterly numbers that exceeded analysts' estimates. The paints major's margin improved by 510 bps compared with the corresponding period a year ago.
Mon, Jul 24, 2023
According to Zee Business research, Asian Paints is expected to report a 29 per cent year-on-year jump in consolidated net profit to Rs 1,336 crore for the June quarter. The analysts estimate its revenue to grow 8.5 per cent on a year-on-year basis to Rs 9,340 crore.
Thu, May 04, 2023
Tyre and paints stocks climbed on May 4, 2023, supported by a fall in the price of crude oil. In the international market, crude oil declined nearly 9 per cent in the last two days.
Fri, Jan 20, 2023
Asian Paints share price: Brokerages have mixed views on Asian Paints after the paint maker's quarterly numbers fell short of analysts' estimates.
Thu, Jan 19, 2023
Asian Paints Q3 Results: India's largest paint maker by sales as well as market value reported a net profit of Rs 1,072.7 crore and revenue of Rs 8,607.5 crore -- both missing analysts' estimates. Asian Paints shares succumbed to selling pressure after the earnings announcement, as both topline and bottomline fell short of analysts' estimates.
Wed, Jan 04, 2023
ICICI Securities has tagged Buy for Akzo Nobel while saying that it is the only paint stock in their coverage that is preferred as a turnaround pick.
Wed, Jul 13, 2022
Oil prices fell in early Asian trading on Wednesday as U.S. inventory data showed buildups in crude oil and refined products amid rising fears of a global economic slowdown, as per Reuters report.
Wed, May 11, 2022
Paint stocks in focus: Muted March quarter earnings of Asian Paints and Kansai Nerolac did not bode well for the stocks as the counters slipped 3.4 per cent and 6.5 per cent on the BSE on Wednesday in the intraday trade.
Wed, Mar 16, 2022
Asian Paints, Berger Paints, Indigo Paints, Kansai Nerolac and Akzo Nobel Indian shares jumped around 2 per cent each on the BSE on the intraday basis.
Mon, Mar 07, 2022
Indigo Paints received the highest drubbing as shares declined almost 10 per cent intraday. It also hit the new 52-week low of Rs 1497.65 apiece.
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