Page 14 - Asian Paints

Asian Paints shares slip 2% ahead of Q1FY21 result; here's what to expect

June performed better than May as things began to normalise; however production levels are back to only 60-70 per cent, analysts note.

Market Ahead, July 24: All you need to know before the opening bell

Today, a total of 71 companies including ITC, Asian Paints, and Ambuja Cements are scheduled to announce their quarterly results

ITC, HDFC Bank, and 62 other stocks face stiff resistance at 200-DMA

The 200-DMA is acting as a major hurdle for major stocks like ACC Ltd, Adani Ports, and Asian Paints, among others

Faster recovery in rural areas, cheaper oil augur well for paint firms

Shares of Asian Paints, Berger Paints, and Kansai Nerolac gained between 3.7 and 7 per cent, even as the Sensex fell 1.5 per cent on Wednesday

MARKET WRAP: Sensex falls 561 pts ahead of F&O expiry; financials top drag

All that happened in the markets today

Asian Paints rallies 7% post March quarter results; stock top Sensex gainer

For the quarter under review, the paint company posted a profit before tax (PBT) of Rs 699 crore on a consolidated basis, down 5.68 per cent year-on-year (YoY).

Asian Paints profit before tax down nearly 6% to Rs 700 crore in Q4

Net profit of the Mumbai-based company fell 2.1 per cent year-on-year to Rs 461.9 crore in Q4, below Street estimates of Rs 512 crore as polled by Bloomberg.

Market Ahead, June 22: Top factors that could guide markets this week

The Indian markets are likely to start this week on a flat note with a negative bias, on the back of similar trend in global indices

Pullback on the higher side likely if Nifty holds 10k: Nilesh Jain

The momentum oscillator MACD has provided buy crossover on the Nifty's hourly chart

Avenue Supermarts now 11th most valued Indian firm by market capitalisation

At close of trade, the company's market capitalisation stood at Rs 1,58,902.37 crore on the BSE.

Asian Paints declines for 11th straight day on uncertain demand outlook

Analysts at Goldman Sachs see significant risks to sales growth as they expect consumers to down-trade and extend the re-painting cycle given the macroeconomic slowdown.

Asian Paints extends loss into 8th day on report RIL mulls stake sale

The company controlled by Mukesh Ambani, is in discussions with banks for a potential sale of its 4.9 per cent stake in Asian Paints through a series of block trades, reports suggest.

Market Ahead, May 8: All You Need To Know Before The Opening Bell

A total of 13 companies, including SBI Cards and Shree Cements, are scheduled to announce their March quarter results today

Reliance Industries considers sale of $989-million Asian Paints stake

The company controlled by Mukesh Ambani, is in discussions with banks for a potential sale of its 4.9 per cent stake in Asian Paints through a series of block trades

RIL's valuation premium hits all-time high of 830 bps; stock rises over 3%

It is trading at nearly 28 times its trailing earnings per share against Sensex's 19.4

Paint stocks trade weak on concern of demand destruction in near term

Asian Paints, Berger Paints India, Kansai Nerolac Paints and Akzo Nobel India slipped in the range of 2 per cent and 5 per cent on the BSE.

Hindustan Unilever's valuation premium over peers hits record high

Trading at 77x, its trailing 12-month net profit against industry average of about 43x

Asian Paints gains 5% amid a historic drop in oil prices, nears record high

The stock has rallied 21% in the past month.

Just 'don't' do it: Brands advertising the art of doing nothing

As the global becomes local under the wide spread of Covid-19, brands across the world beat their drum to a single note: stay in, stay safe

Analysts see Asian Paints gaining market share once demand recovers

Large distribution network, strong inventory management and brand equity, robust balance sheet and low input costs to help faster recovery