Asian Paints Ltd News
LIC raises stake in Asian Paints to 7% via open market. Details here
LIC shareholding: The life insurer increased its stake in Asian Paints to seven per cent, according to an exchange filing on December 10.
2 min read10 Dec 2024Battle Royale: Will Asian Paints come out ahead again?
Is this stalwart of the paints industry still a stock worth holding onto, or has it lost its shine for good?
10 min read5 Dec 2024Asian Paints Q2 result: Profit falls 42% YoY; board approves interim dividend of ₹4.25; key highlights
Asian Paints Q2 result: Asian Paints reported a 42.4% year-on-year decline in consolidated net profit for Q2FY25, totaling ₹694.64 crore, down from ₹1,205.42 crore. Revenue also fell by 5.3% YoY to ₹8,003.02 crore from ₹8,451.93 crore.
3 min read9 Nov 2024These three stocks doubled dividends in five years. Could they do it again?
Besides offering consistent returns to investors, dividend-paying stocks tend to provide a cushion during a market downturn.
9 min read21 Oct 2024Paint stocks in focus: Asian Paints, Berger, and Indigo Paints gets anti-consensus ’buy’ rating from Nuvama; here’s why
Nuvama predicts double-digit volume growth for paint manufacturers in FY25, aided by rural markets. Despite price hikes and new competition, established companies like Asian Paints, Berger, and Indigo expect strong margins and operational leverage. High entry barriers deter significant disruption.
2 min read23 Aug 2024Stocks in focus: Ruchit Jain of 5paisa recommends ICICI Bank, and Asian Paints today
Stocks in focus: Ruchit Jain of 5paisa has recommended two stocks today - ICICI Bank, and Asian Paints today.
3 min read6 Aug 2024Poor demand, high inflation and competition threat take the gloss off Asian Paints
Management claimed the weak performance in Q1 was due to subdued demand and not the threat of competition from Grasim Industries’s Birla Opus. But that didn’t prevent a slew of brokerages from downgrading their earnings forecasts.
3 min read18 Jul 2024‘Not very sure how GDP numbers are coming..’ Asian Paints CEO Amit Syngle says it does not ‘correlate with core sectors’
Asian Paints MD and CEO Amit Syngle said the GDP correlation has gone for a toss in the current year. The GDP numbers being talked about do not seem to correlate to core sectors such as steel and cement.
2 min read15 May 2024Paints Sector: Inflation and intensifying competition pose double threat, says ICICI Securities
ICICI Securities warns of inflationary impact on paint industry amid crude oil price surge. Competitive activity may result in reduced advertising budgets and more competitive trade and consumer schemes. It maintains a ’Hold’ rating on Akzo Nobel and Indigo Paints.
2 min read23 Apr 2024Can competition kill Asian Paints?
Should the current rough patch be considered permanent damage for Asian Paints? Find out
4 min read3 Mar 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared