Page 2 - Kansai Nerolac Paints

Demand recovery unlikely to offset margin pressures for paint companies

Companies to post double digit volume growth in the quarter

Sensex ends 277pts lower, Nifty 73pts; L&T, Bajaj twins slip; banks rebound

In the primary market, Venus Pipes & Tubes IPO was subscribed 2 times on Day 1 of the offer period; Delhivery IPO was off to a slow start.

Kansai Nerolac slips 6%, hits 52-week low as Q4 PAT declines 81%

The management said the quarter witnessed impact in terms of demand for decorative business on account of the steep price increase taken towards the end of Q3FY22.

Stocks to Watch: SBI, Cipla, Voda Idea, Gujarat Gas, Zensar, MGL, Welspun

Stocks to Watch Today: The primary market too is likely to be abuzz with activity with three IPOs namely - Delhivery, Prudent Corporate Advisory Services IPO and Venus Pipes IPO open for subscription.

Kansai Nerolac Paints Q4 profit down 85% at Rs 19 cr; revenue up 5.27%

Kansai Nerolac's total expenses were at Rs 1,503.54 crore, up 15.47 per cent in Q4/FY 2021-22, as against Rs 1,302.06 crore in the year-ago period

Kansai Nerolac Paints elevates Anuj Jain as the managing director

Kansai Nerolac Paints Ltd on Friday said its Executive Director Anuj Jain has been elevated as the managing director of the company

Kansai Nerolac hits 52-week low, falls 17% in February on weak Q3 results

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 Paints' net profit dips 38.7% to Rs 125.3 cr, sales up 13.7%

Kansai Nerolac's total expenses stood at Rs 1,648.39 crore, a jump of 23.65 per cent as against Rs 1,333.06 crore a year ago

Sensex gains 383pts, broader indices outperform; Tata Steel up 4%, RIL 2.4%

The BSE Midcap index gained 1.8 per cent, while the Smallcap index rallied 2.2 per cent. All sectoral indices also ended with gains, Realty, Metal and Consumer Durables were the major gainers

Kansai Nerolac Paints Q1 net rises over two-folds to Rs 111.38 crore

Kansai Nerolac Paints Ltd on Friday reported an over three-fold increase in its consolidated net profit to Rs 111.38 crore for the first quarter ended June 2021.

Demand worries, higher input costs may derail Kansai Nerolac's Q1 show

While the first three weeks of April saw robust demand in what is considered a seasonally strong period, lockdown in multiple states has seen offtake collapse

Kansai Nerolac Paints' Q4 net profit rises 89 pc to Rs 123.62 crore

Kansai Nerolac Paints Ltd on Friday reported an increase of 89.14 per cent in its consolidated net profit to Rs 123.62 crore for the fourth quarter ended March 2021

Bright Q3 at paint firms drives earnings upgrades, crude price a concern

Improving urban demand, revival in construction activity paint a rosy picture, but high valuations and rising input costs are concerns

Rebound in auto industry set to brighten prospects for Kansai Nerolac

While decorative paints business remains strong, overall economic growth to aid industrial segment

Kansai Nerolac's net profit falls 11.5% to Rs 168 crore in Sept quarter

Kansai Nerolac on Tuesday reported an 11.56 per cent fall in consolidated net profit at Rs 167.96 crore for the quarter ended September 30

'Automobile sales growth would sustain going ahead': Kansai Nerolac MD

As the paint company completes 100 years of operations, Bharuka highlights that it would continue to maintain its leadership position in the industrial paints segment going ahead

Paint stocks' valuations dicey, investors should await better entry point

Gains from expected business recovery and benign input costs already priced in Asian Paints and Berger Paints' scrips

Paint stocks in focus; Asian Paints hits record high, Berger Paints up 2%

Kansai Nerolac Paints and Shalimar Paints, too, were up 2 per cent each, as compared to 1.4 per cent rise in the S&P BSE Sensex at 01:08 pm

Kansai Nerolac Q1 net profit falls 79% to Rs 29.64 cr, income declines 58%

Total income declined 58.23 per cent to Rs 647.08 crore during the quarter under review as against Rs 1,549.18 crore in the corresponding quarter a year ago

Paint stocks trade weak on concern of demand destruction in near term

Asian Paints, Berger Paints India, Kansai Nerolac Paints and Akzo Nobel India slipped in the range of 2 per cent and 5 per cent on the BSE.