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Asian Paints Q4 PAT seen up 65.4% YoY to Rs 794.5 cr: Sharekhan

Net Sales are expected to increase by 27.8 percent Y-o-Y (down 12.7 percent Q-o-Q) to Rs 5,924.2 crore, according to Sharekhan.

April 13, 2021 / 07:16 PM IST
Asian Paints  | As of February 3, the stock was trading at Rs 2463.25, which is still 17 percent away from its 52-week high of Rs 2871.40.

Asian Paints  | As of February 3, the stock was trading at Rs 2463.25, which is still 17 percent away from its 52-week high of Rs 2871.40.

 
 
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Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects Asian Paints to report net profit at Rs 794.5 crore up 65.4% year-on-year (down 37.2% quarter-on-quarter).


Net Sales are expected to increase by 27.8 percent Y-o-Y (down 12.7 percent Q-o-Q) to Rs 5,924.2 crore, according to Sharekhan.


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