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
Stocks to Watch today, June 17, 2025: Asian Paints, Sona BLW, Tanla Platforms, Mphasis are among shares to remain focus
Billionaire Mukesh Ambani-led Reliance Industries on Monday sold 85 lakh shares of Asian Paints for Rs 1,876 crore through an open market transaction. The share sale came days after Reliance Industries offloaded 3.50 crore equity shares or 3.64 per cent stake in Mumbai-based Asian Paints on Thursday. According to the block deal data on the National Stock Exchange (NSE), Reliance Industries through its affiliate Siddhant Commercials Pvt Ltd disposed of 85 lakh shares, representing a 0.88 per cent stake in Asian Paints. The shares were sold at an average price of Rs 2,207 apiece, taking the transaction value to Rs 1,875.95 crore. Meanwhile, ICICI Prudential Mutual Fund (MF) bought these shares at the same price. With the acquisition of shares, ICICI Prudential MF's holding in Asian Paints rose to 2.12 per cent from 1.24 per cent. Shares of Asian Paints increased 1.21 per cent to close at Rs 2,241 apiece on the NSE.
The complaint alleged that Asian Paints pressured its network of dealers against doing business with Grasim's Birla Opus
Firm's mcap surges 84% in 4 years; combined mcap of rivals slips 23%
BPCL, HPCL, IOC, Asian Paints and other downstream oil companies' stock fell, while ONGC, Oil India rose after Brent crude oil spiked 13 per cent
Investors' wealth eroded by Rs 5.98 lakh crore on Thursday, tracking weak trends in equities where the BSE Sensex tumbled 1 per cent. Benchmark indices Sensex and Nifty declined 1 per cent in tandem with weak global market trends amid growing tensions in the Middle East. The 30-share BSE Sensex dropped 823.16 points or 1 per cent to settle at 81,691.98. During the day, it plunged 991.98 points or 1.20 per cent to 81,523.16. The market capitalisation of BSE-listed firms dropped by Rs 5,98,759.27 crore to Rs 4,49,58,383.92 crore (USD 5.26 trillion). "The selloff was triggered by weak global cues, volatility from the weekly F&O expiry, and renewed concerns over global trade and geopolitical tensions. Investors reacted to feeble global cues as markets assessed the uncertain outcome of US-China trade negotiations and rising tensions in the Middle East, which pushed oil prices higher and weighed on risk appetite. "The weekly expiry of derivatives contracts added to intraday volatility .
Following the transaction, RIL now holds 87 lakh equity shares in Asian Paints, the company said in an exchange filing
Asian Paints share price gained momentum in trade after 35 million shares changed hand in a single block deal in pre-opening session
The allegations against Asian Paints include restricting dealers from doing business with Grasim's Birla Opus
Dividend stocks: Asian Paints has declared a final dividend of ₹20.55 per share, Indian Bank ₹16.25, Johnson Controls-Hitachi Air Conditioning India ₹15, and Tata Investment Corporation ₹27 per share
The first source added that Asian Paints also allegedly told its dealers it will curtail its supplies to them if they put up hoardings of Birla paint products or place them at prominent places
Birla Opus' market share reached 6.8 per cent in the latest quarter
Given the multiple headwinds facing the sector, the stock has shed about 15 per cent over the past year and is down 25 per cent over the past three years
Asian Paints' Q4 profit declined 45 per cent to Rs 692.1 crore as demand stayed muted, margins shrank and revenue dropped despite modest volume growth in paints
Asian Paints on Thursday reported a 45 per cent decline in consolidated net profit to Rs 700.83 crore for the March quarter due to muted demand and increased competitive intensity in the market. The company had logged a net profit of Rs 1,275.30 crore in the January-March period last year, according to a regulatory filing by Asian Paints. Its revenue from operations slipped 4.25 per cent to Rs 8,358.91 crore in the March 2025 quarter. It was Rs 8,730.76 crore in the year-ago period. During the quarter, "muted demand conditions and consumer sentiment coupled with downtrading, and increased competitive intensity impacted revenue", Asian Paints said in its earnings statement. Asian Paints' total expenses fell marginally year-on-year to Rs 7,276.60 crore in the March quarter. Its total income, including revenue from other sources, declined 5.14 per cent to Rs 8,458.76 crore in the March 2025 quarter. Its Managing Director and CEO, Amit Syngle, said the weak demand conditions prevalen
Asian Paints Q4 FY25 result: The board of directors of the company proposed a final dividend of ₹20.55 per equity share
Q4 FY25 company results today: Titan, Kalyan Jewellers, IIFL Finance, and Rec will be among 74 companies to post earnings reports for the January-March quarter on May 8
When oil prices drop, upstream companies face reduced revenue, which can lead to cost-cutting measures, reduced profits, and in some cases, financial losses