Sensex hit 79,020 in intra-day trade today, falling 3.79 per cent or 3,113.12 points in four trading days from the level of 82,133 touched on Friday, December 13
In two separate filings, the paints company announced the resignation of Vishu Goel - Associate vice president, retail sales, and Shyam Swamy, vice president, home improvement, decor, services
LIC hiked its shareholding in equity shares from 4,79,66,302 to 6,72,40,527 shares which implies an increase of around 2 per cent.
Since November, the stock price of Asian Paints has declined 19 per cent after it reported weak earnings for the quarter ended September 2024
Adani Energy and Adani Wilmar from the BSE200 index have hit their respective 52-week lows after Gautam Adani and others were charged by US prosecutors for allegedly bribing Indian officials
Asian Paints, Aurobindo Pharma, AIA Engineering, Delhivery and Colgate-Palmolive stocks were trading in oversold zone, the daily chart shows. Here are the key levels to track.
Higher inflation and lower purchasing by consumers, it seems, has taken a bite out of consumption-related stocks at the bourses, with most counters losing ground in the last few months
Analyst at Elara Capital said it anticipate further market share erosion for Asian Paints and believe investors should not catch a falling knife as the industry is going through structural change.
Asian Paints stock was trading at 3-year lows, and had given a downside breakout on the monthly chart for the first time since May 2018; shows technical charts.
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 Q2FY25 results: During the quarter, the company's net sales stood at Rs 8,003.02 crore, down 5.3%
Here's a technical outlook on stocks linked to crude oil prices, which is down 23% from its peak and trades near 3-year lows. Among stocks, Asian Paints and MRF look favourable on charts; here's why.
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
F&O trading strategy: A high OI-based PCR suggests that traders were expecting limited downside at these counters, and were comfortable writing Puts.
Some brokerages have reduced target prices after muted Q1 showing
During the quarter, the company's net sales stood at Rs 8,970 crore and were down 2.3 per cent due to weak demand conditions, which the company attributed to general elections and severe heat waves
Shares of Asian Paints rallied as much as 5.09 per cent at Rs 2,979 per share on the BSE in Wednesday's intraday trade
Paint stocks to buy: The competitive scenario in the paint sector will only increase in the near to medium term, caution analysts