Paint Stocks
Asian Paints stock tanks 9%, hits over 3-year low on weak Q2 numbers
Weak consumer sentiments coupled with persistent rains through the quarter and floods in some parts of the country weighed on the company's September quarter performance
 "Asian Paints stock tanks 9%, hits over 3-year low on weak Q2 numbers")
Dulux paint maker Akzo Nobel India stock hits new high; zooms 19%
On October 4, Akzo Nobel India received communication from Akzo Nobel NV that AkzoNobel for a portfolio review with initial focus on Deco South Asia.
 "Dulux paint maker Akzo Nobel India stock hits new high; zooms 19%")
Asian Paints, Indigo Paints, Berger fall up to 2% as crude oil gains
Paint stocks decline as Brent crude oil set for steepest gain since February 2023
 "Asian Paints, Indigo Paints, Berger fall up to 2% as crude oil gains")
IndiGo, Ceat: Which stocks are on analysts' radar as oil falls below $70?
Brent crude price today: Analysts prefer aviation and tyre stocks among the lot, but remain cautious on paints and oil marketing companies
 "IndiGo, Ceat: Which stocks are on analysts' radar as oil falls below $70?")
Akzo Nobel India rallies 5%; hits record high on healthy growth outlook
Akzo Noble India shares climbed following the start of commercial production of powder coating products from its Gwalior plant with an installed capacity of 5,166 tonne per annum.
 "Akzo Nobel India rallies 5%; hits record high on healthy growth outlook")
Asian Paints, Indigo Paints, Kansai gain up to 5% on falling oil prices
Brent crude oil fell nearly 5 per cent on Tuesday. Crude oil is a key component in the production of certain raw materials used in the manufacturing of paints
 "Asian Paints, Indigo Paints, Kansai gain up to 5% on falling oil prices")
Pricing, unfavourable product mix likely to hit Asian Paints stocks
Some brokerages have reduced target prices after muted Q1 showing
 "Pricing, unfavourable product mix likely to hit Asian Paints stocks")
Rerating of paint stocks still some time away, say analysts
Paint stocks to buy: The competitive scenario in the paint sector will only increase in the near to medium term, caution analysts
 "Rerating of paint stocks still some time away, say analysts")
Mixing resilience in palette: Paint makers tackle slowdown, competitors
Find themselves painted into a corner, blending festival-fuelled revenue with the undertones of sluggishness from price cuts and a subdued luxury mix
 "Mixing resilience in palette: Paint makers tackle slowdown, competitors")
Asian Paints needs fresh coat as margin pressures build up in markets
As competition intensifies, brokerages turn pale on paint maker's stock
 "Asian Paints needs fresh coat as margin pressures build up in markets")
Asian Paints Q3 PAT rises 35% to Rs 1,448 cr, net sales at Rs 9,103 cr
Its decorative and industrial coatings business saw a combined value growth of 6.1 per cent, with a strong double-digit industrial coatings value growth
 "Asian Paints Q3 PAT rises 35% to Rs 1,448 cr, net sales at Rs 9,103 cr")
Analysts bet on these consumption pockets ahead of the festive season
Fast-moving consumer goods (FMCG), retail, and consumer electronics segments are expected to do well over the next few months
 "Analysts bet on these consumption pockets ahead of the festive season")
TMS Ep439: Sebi's Adani probe, Delhi Metro, paint & tyre stocks, Hawala
What next in Sebi's Adani probe? How will cops in Delhi Metro affect you? Is it time to book profit in paint, tyre stocks? What is Hawala? All answers here
 "TMS Ep439: Sebi's Adani probe, Delhi Metro, paint & tyre stocks, Hawala")
Kansai Nerolac surges 10% on healthy Q4 earnings; recommends 1:2 bonus
The good growth in infrastructure, core sector as well as automobile and real estate is likely to have a positive effect on the overall demand of paint for the industry in the long run.
 "Kansai Nerolac surges 10% on healthy Q4 earnings; recommends 1:2 bonus")
TMS Ep410: Monsoon forecast, Ahmedabad, paint stocks, China-Taiwan conflict
What does monsoon forecast mean for India's economy? Is Ahmedabad the next corporate hub? Will rising crude oil prices erase margin for paints? What is the China and Taiwan conflict? Answers here
 "TMS Ep410: Monsoon forecast, Ahmedabad, paint stocks, China-Taiwan conflict")
Avoid paint stocks as crude oil may keep margin cheer at bay: Analysts
Analysts advise investors to avoid the sector over the short-to-medium term
 "Avoid paint stocks as crude oil may keep margin cheer at bay: Analysts")
Home construction: Analysts bet on pipe makers; wary on tile, paint segment
The combined market size of the building material sector could touch Rs 2.7 trillion by FY26 from Rs 1.3 trillion in FY22
 "Home construction: Analysts bet on pipe makers; wary on tile, paint segment")
Asian Paints gains 3%, hits 8-month high on hopes of margin improvement
A fall in raw material prices from their recent peak and improved product mix will help drive EBITDA margin for Asian Paints in the coming quarters, analysts said
Demand recovery unlikely to offset margin pressures for paint companies
Companies to post double digit volume growth in the quarter
 "Demand recovery unlikely to offset margin pressures for paint companies")
Sensex ends volatile day 135 pts lower, Nifty below 15,300; Titan drops 6%
CLOSING BELL: Bajaj twins, Coal India, JSW Steel, Apollo Hospitals, ITC, ICICI Bank, RIL, and HDFC Bank were the top Nifty gainers, rising between 0.8 per cent and 3 per cent
 "Sensex ends volatile day 135 pts lower, Nifty below 15,300; Titan drops 6%")
