Page 5 - Asian Paints

Falling raw material costs to aid margin expansion for Asian Paints

Despite the raw material pressures, the company posted a 172 bps expansion in operating profit margins as compared to the year ago period, given operating leverage benefits

HUL, Asian Paints: 5 stocks withstood recent sell-off; Will they rise more?

Among individual stocks, Asian Paints, EIH and Alkem Laboratories can rally up to 18 per cent each. Hindustan Unilever and Metro Brands too are poised to log smart gains, indicate charts.

Britannia elevates Varun Berry to vice-chairman, names Rajneet Kohli CEO

Berry will continue the hold of managing director at the company, the company said in a stock exchange filing

Stocks to Watch: Adani Ports, Tata Power, UPL, SBI, Tata Motors, Patanjali

Stocks to Watch: State Bank of India (SBI) has clarified that it has not been identified as a nodal bank for handling Russia-related rupee transactions

JSW Paints likely to contest CCI's order on Asian Paints in NCLAT

This move by JSW Paints comes after CCI disposed off JSW Paints plea which stated that Asian Paints blocked its entry in the decorative paints segment

'Not substantiated': CCI drops JSW Paints' plea against Asian Paints

JSW Paints also told CCI that Asian Paints allegedly also pressurised enterprises that provided infrastructure facilities like warehouses to JSW Paints to not stock products of JSW Paints

Mkts settle modestly lower in volatile trade; Bajaj Finserv biggest laggard

After rising over 320 points in intra-day trade, the 30-share BSE Sensex pared all gains to settle 48.99 points or 0.08 per cent lower at 59,196.99.

Stocks to watch: Tata Motors, Maruti Suzuki, Asian Paints, L&T, Telecom

Stocks to watch today: Bajaj Finance, Tata Motors, and Maruti Suzuki will report their June quarter results on Wednesday, July 27; United Spirits reported five-fold jump in net profit in Q1FY23.

Asian Paints Q1 net profit up 79% to Rs 1,017 crore; revenue up 55%

The paints major saw its revenue increase 55 per cent to Rs 8,579 crore during the quarter under review

Top headlines: Asian Paints Q1 net rises 80%; UBS upgrades RIL scrip

Asian Paints Ltd on Tuesday reported an 80.39 per cent increase in its consolidated net profit to Rs 1,036.03 crore for the first quarter ended on June 30, 2022

Asian Paints Q1 net profit jumps 80% to Rs 1,036 cr, sales up 55%

Asian Paints Ltd on Tuesday reported an 80.39 per cent increase in its consolidated net profit to Rs 1,036.03 crore for the first quarter ended on June 30, 2022, as the business grew both in volume and value terms. The company had posted a net profit of Rs 574.30 crore during the April-June quarter of the previous fiscal, Asian Paints said in a regulatory filing. Its revenue from operations was up 55 per cent to Rs 8,578.88 crore during the quarter under review as against Rs 5,534.87 crore in the corresponding period of the previous fiscal. Asian Paints' total expenses were at Rs 7,287.84 crore, up 48.91 per cent in Q1/FY 2022-23, as against Rs 4,893.87 crore in the corresponding period. Commenting on the results, Asian Paints Managing Director & CEO Amit Syngle said the domestic decorative business experienced good consumer demand and recorded stellar revenue growth for the quarter. "The volume growth registered in the quarter is one of the highest in the last six quarters. The .

Sensex sheds 498 pts, Nifty below 16,500; Infy slips 3.5%, Axis Bank 3%

CLOSING BELL: Equity markets settled near the low point of the day as investors chose to stay on the sidelines ahead of the US Federal Reserve's monetary policy outcome on Wednesday

Stocks to watch: Asian Paints, Bajaj Auto, Tata Steel, Axis Bank, Lupin

Stocks to watch today: Asian Paints, Bajaj Auto will report their June quarter results (Q1FY23) on Tuesday, July 26; Lupin received approval from USFDA to market medication for high blood pressure.

Demand recovery a rosy picture for paint companies in Apr-Jun quarter

Listed paint companies could report over 30 per cent revenue growth year-on-year (YoY), aided by double-digit volume growth in decorative paints and cumulative gains from pricing action

Demand recovery unlikely to offset margin pressures for paint companies

Companies to post double digit volume growth in the quarter

Asian Paints sees scope to reinvent amid continuing global uncertainties

Chairman Deepak Satwalekar tells investors at AGM that the firm's network penetration and brand strength saw its decorative business deliver 31% growth by volume and 36% by value in FY22

MRPL, Chennai Petro soar up to 8% as crude oil prices rebound

MRPL, Chennai Petroleum and Hindustan Oil Exploration soared around 8 per cent each. Oil explorers - Oil India and ONGC also logged smart gains in an otherwise weak market.

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

Asian Paints down 3%, hits 52-week low on margin, demand concerns

The geopolitical situation is threatening to further worsen inflation across key commodities

Markets remain subdued for second day; RIL, Asian Paints top drags

In contrast, Tata Steel, IndusInd Bank, M&M, ITC, Kotak Mahindra Bank, Infosys and ICICI Bank were among the gainers, rising up to 0.99 per cent