Page 16 - Asian Paints

Asian Paints: Volumes remain a bright spot but at the cost of margins

Led by volumes, net sales rose 9.4 per cent and Ebitda margin was up 60 bps in Q2; earnings visibility still looks strong, say analysts

Top stock recommendations by Anand Rathi: Buy Asian Paints, Cummins

Trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers

Today's picks: From Asian Paints to YES Bank, hot stocks to watch on Friday

For Asian Paints, keep a stop at 1,600 and go long. Add to the position between 1,632-1,638. Book profits at 1,40

Nestle, Abbott India, Asian Paints, Pidilite hit new highs on good earnings

Nestle India gained 4% to Rs 12,266 apiece, surging 7% during current week, after the company reported a 11% year-on-year (YoY) rise in net profit to Rs 438 crore for the quarter ended June 2019.

Outliers in Q1: Asian Paints, Dabur, DMart, Nerolac, shine in a gloomy mkt

Analysts tracking the consumer and retail sectors say the five firms have deployed specific market strategies to push their top-line growth at the same time keeping a tight control on costs

In a lacklustre market, Asian Paints puts up a bright show in Q1FY20

Volumes grew by an estimated 17 per cent, operating profit margin was at a 12-quarter high

Asian Paints gains 6% from day's low as Q1 profit beats Street estimates

Against analysts' expectations of Rs 571 crore, its consolidated net profit jumped 18 per cent to Rs 655 crore from a profit of Rs 557 crore in the year ago quarter.

Asian Paints loses colour on high marketing spend, stock falls 2.3%

Focus now lies on how it balances volume growth, pricing, and profitability

Asian Paints counting on core business, allied segments to drive growth

According to experts, this strategy is expected to continue into the next few quarters as Asian Paints consolidates its gains

Strong Q3 volume growth adds colour to Asian Paints, net sales rises 24.1%

Revenue growth in the December quarter beat Street's expectations

Asian Paints Q3 net profit rises 14% to Rs 647 cr, revenue at Rs 5,293 cr

The company said due to the imposition of GST, revenue figure for the period up to June 30, 2017 are not strictly relatable to those thereafter

Asian Paints: Benefits of lower GST in Q2 come at cost; volumes surge 12%

High cost pressure led to 15% fall in net profit

Paint stocks loose sheen after weak Q2 results; Asian Paints falls 6%

Kansai Nerolac Paints hit a fresh 52-week low of Rs 367, down 6%, extending its 6% fall on Monday; while, Berger Paints India and Shalimar Paints were down 7% and 5%, respectively.

Strong volume growth for Asian Paints in FY19 on improved rural demand

What the Street will keep a watch out for is the ability of the firm to pass on higher raw material costs

Asian Paints: Rural demand revival, new capacities should drive volumes

Things are now getting better even in the hinterland, led by normal monsoon, upward revision in minimum support price for kharif crops, and improvement in rural infrastructure

Strong volumes add colour to Asian Paints: Top line up 15%, net profit 30%

How the company protects its margins going ahead would be interesting to watch

Asian Paints hits new high ahead of Q1 results; up 17% in the last month

Asian Paints hit a new high of Rs 1,473, outperforming the market by gaining 17% as compared to 3% rise in the S&P BSE Sensex.

Asian Paints hits all-time high post Q4 results

The stock hit an all-time high of Rs 1,279, up 5% on the BSE in early morning trade, surpassed its previous high of Rs 1,261 touched on September 14, 2017 on the BSE in intra-day trade

Asian Paints' performance for Q4 offers some pleasant surprises

Price hikes and control over costs lead to highest gross margins in four quarters

Asian Paints Q3 net up 16% at Rs 5.67 bn on growth at international markets

Total income during quarter under review stood at Rs 43.17 billion as against Rs 43.15 billion in Oct- Dec period last fiscal