Page 2 - Paint Stocks
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
 "Asian Paints gains 3%, hits 8-month high on hopes of margin improvement")
Demand recovery unlikely to offset margin pressures for paint companies
Companies to post double digit volume growth in the quarter
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%")
Cement, steel, paint firms eye painful quarters ahead
Rising interest rates, along with elevated raw material cost, are hitting the building material sector hard. Find out about the near-term sore points for related industries and how to play the theme.
 "Cement, steel, paint firms eye painful quarters ahead")
Near-term pain to hit paint, cement stks; long-term outlook robust: Experts
Analysts have downgraded the related sectors, and have cut earnings estimates for FY23 and FY24 factoring the near-term challenges
 "Near-term pain to hit paint, cement stks; long-term outlook robust: Experts")
Asian Paints, Berger Paints slip 6% after Grasim doubles capex plan
Grasim has doubled the capital expenditure for its foray into the paints business to Rs 10,000 crore.
 "Asian Paints, Berger Paints slip 6% after Grasim doubles capex plan")
Indigo Paints at life-time low, stock down 36% from its 52-week high
In the past one month, the stock has underperformed the market by falling 11 per cent, after the company reported a disappointing set of numbers for quarter ended September 2021
 "Indigo Paints at life-time low, stock down 36% from its 52-week high")
Latest price hike surprising, but may not dent Asian Paints market share
Smaller players have already taken hikes and are more impacted from supply disruption
Street signs: Passive flow boost for RIL, Ami Organics stock falls & more
Shares of Ami Organics dropped more than 4 per cent on Friday as the 30-day lock-in period meant for anchor investors ended
 "Street signs: Passive flow boost for RIL, Ami Organics stock falls & more")
