The company's stock price ended 0.5 per cent higher on Friday at Rs 3,382 on the BSE
Pandemic related restrictions, rural slowdown and input costs are key concerns
Go Fashion India will make its debut on the brouses today, while Star Health IPO opens for subscription in the primary segment
Asian Paints Ltd said it will invest Rs 960 crore to expand the manufacturing capacity of its facility situated at Ankleshwar in Gujarat
Reliance Industries has decided to implement a Scheme of Arrangement (Scheme) to transfer Gasification Undertaking into a wholly-owned subsidiary (WOS)
Company says the audit committee has a majority of independent directors, and the promoter director does not participate in the meeting during discussions on related-party transactions
Smaller players have already taken hikes and are more impacted from supply disruption
Paint companies Asian Paints and Berger Paints have taken high-single-digit price increases across their portfolio in a move to offset the rising inputs costs, indicate reports
With regards to the whistleblower's claim of related party transaction, Asian Paints has clarified the transactions were undertaken in compliance with law and there was no basis for the allegations
Asian Paints on Thursday reported a 29 per cent decline in consolidated net profit to Rs 605.17 crore in the second quarter ended September 30, on account of higher expenses, especially input costs
Stock market LIVE: The broader markets also ended with notable losses as profit-taking continued for the third straight trading session, amid valuation and inflation concerns
Steep inflation seen in raw material prices, since the beginning of this calendar year, has been phenomenal and has impacted gross margins across all businesses in the quarter.
State-run PSU banks and telecom stocks are likely to be in focus along with a slew of mid- and small-cap companies that shall announce their September earnings today
But given an optimistic market and a good monsoon, an upside is more likely
Their weighting on the benchmark Nifty50 has fallen to 15%, an 11-year low
Wipro, HCL Technologies and Asian Paints were the new Indian entrants among the top 500 companies in the world, as per the latest Hurun Global 500 list
Share of Asian Paints and Berger Paints recorded new all-time highs in trade on Thursday
While volume performance has been strong, valuations factor in the gains
Firm becomes India's 12th most valuable company after June qtr results beat expectations
The domestic decorative business more than doubled its volume and delivered stellar revenue growth on a low base