Page 3 - Kansai Nerolac Paints

Kansai Nerolac Paints Q1 net rises over two-folds to Rs 111.38 crore

Kansai Nerolac Paints Ltd on Friday reported an over three-fold increase in its consolidated net profit to Rs 111.38 crore for the first quarter ended June 2021.

Demand worries, higher input costs may derail Kansai Nerolac's Q1 show

While the first three weeks of April saw robust demand in what is considered a seasonally strong period, lockdown in multiple states has seen offtake collapse

Kansai Nerolac Paints' Q4 net profit rises 89 pc to Rs 123.62 crore

Kansai Nerolac Paints Ltd on Friday reported an increase of 89.14 per cent in its consolidated net profit to Rs 123.62 crore for the fourth quarter ended March 2021

Bright Q3 at paint firms drives earnings upgrades, crude price a concern

Improving urban demand, revival in construction activity paint a rosy picture, but high valuations and rising input costs are concerns

Rebound in auto industry set to brighten prospects for Kansai Nerolac

While decorative paints business remains strong, overall economic growth to aid industrial segment

Kansai Nerolac's net profit falls 11.5% to Rs 168 crore in Sept quarter

Kansai Nerolac on Tuesday reported an 11.56 per cent fall in consolidated net profit at Rs 167.96 crore for the quarter ended September 30

'Automobile sales growth would sustain going ahead': Kansai Nerolac MD

As the paint company completes 100 years of operations, Bharuka highlights that it would continue to maintain its leadership position in the industrial paints segment going ahead

Paint stocks' valuations dicey, investors should await better entry point

Gains from expected business recovery and benign input costs already priced in Asian Paints and Berger Paints' scrips

Paint stocks in focus; Asian Paints hits record high, Berger Paints up 2%

Kansai Nerolac Paints and Shalimar Paints, too, were up 2 per cent each, as compared to 1.4 per cent rise in the S&P BSE Sensex at 01:08 pm

Kansai Nerolac Q1 net profit falls 79% to Rs 29.64 cr, income declines 58%

Total income declined 58.23 per cent to Rs 647.08 crore during the quarter under review as against Rs 1,549.18 crore in the corresponding quarter a year ago

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.

MARKET WRAP: Sensex ends 232 pts higher as financials, auto stocks rally

All that happened in the markets today

Market Ahead, May 6: Top Factors That Could Guide Markets Today

Today, a total of six companies, including YES Bank and Kansai Nerolac Paints, are set to declare their quarterly numbers

Market Ahead, May 4: Top factors that could guide markets this week

This week, a total of 17 companies are scheduled to announce their quarterly earnings which includes HCL Technologies, Kansai Nerloac Paints, and YES Bank among others

Top stock picks by Angel Broking: Buy Kansai Nerolac Paints, Godrej Agrovet

Stock calls and Outlook on Nifty by Mr. Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd.

Technical recommendations by HDFC Securities: Buy Kansai Nerolac, Escorts

Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities.

Home repainting biz adds gloss to paint firms' Q1 show in times of slowdown

Growth came despite a sustained slowdown in the automotive and construction segments, both of which are key users of paints

Top stock picks by Anand Rathi:Buy Kansai Nerolac, Glenmark, United Spirits

Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.

Kansai Nerolac shines on sales growth in Q1; stock gains about 7%

Employee costs and other operating expenses as a percentage of net operating income fell to 21.2% in Q1, from 22.3% a year back

Auto sector pain rubs off on Kansai Nerolac, input costs compound woes

While the automobile sector accounts for a third of Kansai Nerolac's revenues, analysts are also skeptical about demand from the retail segment