Asian Paints shares rose 3 per cent in two days after the company reported healthy Q1 numbers; here's what brokerages suggest
Asian Paints reports a 6% drop in Q1 net profit, despite a 3.9% rise in decorative paints volumes and a strong performance in international markets
Q1 FY26 company results today: ASK Automotive, Bank of India, GHCL Textiles, Lloyds Engineering Works, and Zee Media will release their April-June quarter earnings reports on July 29
Asian Paints told a Mumbai court that the CCI's July 1 order wrongly alleged its CEO warned raw material suppliers against dealing with Birla, threatening reduced business with the company
CCI had ordered an investigation into the company for alleged abuse of dominant position based on a complaint received by Aditya Birla Group's Grasim Industries on July 1
Supreme Court allows companies affected by IPR violations to file appeals as 'victims' under the Code of Criminal Procedure, enabling them to pursue criminal proceedings in such cases
At 11:30 AM, BSE Sensex was trading at 82,107.93, down by nearly 400 points or 0.49 per cent
Asian Paints is reviewing the order passed by fair trade regulator CCI directing a probe against the country's leading paint maker for alleged abuse of its dominant position in the market and said it plans to take appropriate legal recourse. Asian Paints said it will cooperate with the Competition Commission of India (CCI) in the investigation over allegations of exclusionary practices. "The company is currently reviewing the order and will take appropriate legal recourse. The company remains committed to fully cooperating with the CCI during the course of the investigation," Asian Paint said in a late night regulatory filing on Thursday. Earlier this week, CCI ordered an investigation against Asian Paints for allegedly abusing its dominant position in the market for manufacturing and sales of decorative paint over the complaints filed by Aditya Birla group firm Grasim Industries. Grasim, a new entrant in the domestic paint industry with brand Birla Opus, had accused Asian Paints o
Asian Paints is seen testing the 200-DMA hurdle after 8 months, while Kalyan Jewellers is at the long-term moving average after 6 months. Charts indicate up to 26% upside for these 2 stocks.
Since June 11, the stock price of Asian Paints has appreciated by 12% after Reliance, through its subsidiary Siddhant Commercials, sold 35 million equity shares to SBI Mutual Fund.
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JSW Paints news: JSW Paints' recent acquisition will increase the cut throat competition in the industry. Analysts, now, eye how Asian Paints and other paint stocks will sustain their margins
BPCL, HPCL, IOC, Asian Paints, and other downstream oil companies' stock surged, while ONGC, Oil India dropped after Brent crude oil slipped 5 per cent