Asian Paints Berger Paints

Berger Paints India net profit rises 33% at Rs 292 cr, misses estimates

Raw material costs, which account more than 60% of the total expenses, fell nearly 6%, but lower revenue growth impacted profits at India's second-biggest paint company by revenue

Barring OMCs, Paint & Tyre stocks may see adverse impact if Brent tops $88

OMC stocks like BPCL, HPCL are better placed on the charts; decisive move over their key hurdles could see next leg of upside

Berger Paints Q4 net up 5.6% to Rs 220 cr; revenue up 8% to Rs 2,187 cr

Berger Paints India Ltd on Thursday reported a 5.60 per cent increase in consolidated net profit to Rs 220.29 crore for the fourth quarter ended March 2022. The company had posted a consolidated net profit of Rs 208.60 crore in the January-March period a year ago, Berger Paints said in a regulatory filing. Revenue from operations was up 7.96 per cent at Rs 2,187.51 crore during the quarter as against Rs 2,026.09 crore in the year-ago period. Total expenses were at Rs 1,915.43 crore, up 9.03 per cent in Q4 FY22 as against Rs 1,756.64 crore earlier. For the full fiscal ended March 2022, Berger Paints' net profit was up 15.73 per cent at Rs 832.95 crore, compared to a net profit of Rs 719.72 crore in the previous fiscal. Its revenue from operations climbed 28.51 per cent to Rs 8,761.78 crore from Rs 6,817.59 crore in FY21. The board has recommended a dividend of 310 per cent, which is Rs 3.10 per equity share of Re 1 each for the financial year 2021-22. Shares of Berger Paints Ind

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.

HUL to Relaxo Footwears: Analysts upbeat on consumption-related stocks

Changes in the income-tax, likely good monsoon and the on-going above normal Rabi acreage along with higher MSPs are the key triggers analysts are betting on for the consumption revival

Asian Paints, Berger Paints hit new highs, gain 15% in a month

The domestic paints industry commands strong pricing power, which is evident from frequent price hikes amid inflationary raw material prices

Asian Paints, Pidilite Ind: Trading strategies for paint stocks post Q2 nos

The overall trend in paints stocks is still bullish with mild profit-booking.

Paint shares shine in a weak market; Asian, Berger Paints hit record highs

In the past three months, Asian Paints and Berger Paints have rallied 28 per cent and 19 per cent, respectively as compared to a 4.6 per cent rise in the benchmark Sensex

Berger Paints, Asian Paints at record high; technicals suggest more upside

Asian Paints is scheduled to announce its July-September quarter (Q2FY21) results on October 22, 2020. The board will also consider the payment of interim dividend, if any

HPCL, BPCL surge up to 13%; RIL slumps 8% as Brent Crude hits 20-yr low

At 9:38 am, Brent Crude Futures were at $32.27/bbl, down 13 cents or 28.72 per cent, US WTI, on the other hand, was at $28.45/bbl-mark, down 12.83 cents or 31 per cent.

JSW shakes up the paints market dominated by Asian Paints, Berger

JSW Paints on course to achieve 1st-yr distribution & turnover targets

Valuation gap between Asian Paints and Berger Paints should narrow: Experts

Berger trading at more than 25% premium to Asian Paints

OMCs, aviation stocks slip up to 4% as oil prices surge on US-Iran tensions

Iran's missile attacks on the Ain Al-Asad airbase and another in Erbil, Iraq, early Wednesday came hours after the funeral of an Iranian commander whose killing in a US drone strike has raised fears

Nifty view and trading ideas by CapitalVia: Buy Asian Paints, Berger Paints

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Asian, Berger Paints hit record highs on strong Q1 earnings, low oil price

Berger Paints climbed 5 per cent to Rs 352 after the company posted a better-than-expected 31 per cent year-on-year (YoY) growth in consolidated net profit at Rs 164 crore in Q1FY20

Paint stocks in focus; Asian Paints, Berger Paints hit new high

Berger Paints India has rallied 4% to Rs 307 on the BSE in intra-day trade, surpassing its previous high of Rs 305 recorded on May 29, 2018.