Asian Paints' consolidated net profit attributable to the owners of the company declined 23.3 per cent year-on-year (Y-o-Y) to Rs 1,110.5 crore in Q3FY25, down from Rs 1,447.7 crore in Q3FY24
The industrial business registered a growth of 3.8 per cent on the back of general industrial and refinish segments, while its home decor business benefited from progress on its network expansion
Asian Paints Q3 FY25 results: Sequentially, profit rose 60% from ₹694.64 crore.
Q3FY25 company results today, February 4: Godrej Properties, Whirlpool of India, Happiest Minds Technologies, Hikal, and Infibeam Avenues will release their reports for the Oct-Dec 2024 quarter
The Nifty has declined nearly 12% in the last four months. The NSE index has witnessed six significant price corrections in the last one decade, excluding the COVID-related panic sell-off; shows data.
Significant moderation in sales volume due to rural market slowdown, impact of heightened competition and increase in raw-material prices likely to impact profitability of the paint industry.
Asian Paints stock has been testing its 20-day daily moving average after a gap of three months. Chart shows near hurdle for the stock placed at Rs 2,397 above which a pullback rally seems likely.
Sensex hit 79,020 in intra-day trade today, falling 3.79 per cent or 3,113.12 points in four trading days from the level of 82,133 touched on Friday, December 13
In two separate filings, the paints company announced the resignation of Vishu Goel - Associate vice president, retail sales, and Shyam Swamy, vice president, home improvement, decor, services
LIC hiked its shareholding in equity shares from 4,79,66,302 to 6,72,40,527 shares which implies an increase of around 2 per cent.
Since November, the stock price of Asian Paints has declined 19 per cent after it reported weak earnings for the quarter ended September 2024
Adani Energy and Adani Wilmar from the BSE200 index have hit their respective 52-week lows after Gautam Adani and others were charged by US prosecutors for allegedly bribing Indian officials
Asian Paints, Aurobindo Pharma, AIA Engineering, Delhivery and Colgate-Palmolive stocks were trading in oversold zone, the daily chart shows. Here are the key levels to track.
Higher inflation and lower purchasing by consumers, it seems, has taken a bite out of consumption-related stocks at the bourses, with most counters losing ground in the last few months
Analyst at Elara Capital said it anticipate further market share erosion for Asian Paints and believe investors should not catch a falling knife as the industry is going through structural change.
Asian Paints stock was trading at 3-year lows, and had given a downside breakout on the monthly chart for the first time since May 2018; shows technical charts.
Weak consumer sentiments coupled with persistent rains through the quarter and floods in some parts of the country weighed on the company's September quarter performance
Asian Paints Q2FY25 results: During the quarter, the company's net sales stood at Rs 8,003.02 crore, down 5.3%
Here's a technical outlook on stocks linked to crude oil prices, which is down 23% from its peak and trades near 3-year lows. Among stocks, Asian Paints and MRF look favourable on charts; here's why.
Brent crude oil fell nearly 5 per cent on Tuesday. Crude oil is a key component in the production of certain raw materials used in the manufacturing of paints