Dec 06, 2021 11:39 AM IST

Nifty can correct 1,000 points till Budget, says Sandeep Bhatia of Macquarie Group

Macquarie Group remains cautious on Paytm on the back of frothy valuations but likes Asian Paints, ICICI Bank, Bharti Airtel among others

Asian Paints to invest Rs 960 crore to expand Gujarat unit

The company has signed a memorandum of understanding with the Government of Gujarat commencing the proposed expansion of manufacturing capacity of paint from 1.3 lakh KL to 2.5 lakh KL and resins and emulsions from 32,000 MT to 85,000 MT, Asian Paints said in a regulatory filing.

Storyboard18 | Amazon, Asian Paints and Tata Tea emerge as India's most purposeful brands: report 

Kantar conducted an analysis of 418 brands across 30 categories and found that in India especially, perceptions of a brand’s purpose, its ability to ‘make people’s lives better’, is crucial to establishing a meaningful quotient.

Asian Paints shares slip as proxy advisory firm flags related party issues, calls for resignation of promoters

The promoters have once again come under fire for related-party transactions between Asian Paints and Paladin Paints & Chemicals, a private company owned by the Dani family.

Asian Paints share gains 2% on price hike, Nomura maintains ‘buy’

The company had earlier hiked prices by 8-9 percent effective from November 12 with the cumulative hike for the year so far at 15-16 percent.

Asian Paints hikes prices again, this time by 4-5%, as input costs keep soaring

Asian Paints has taken an overall price hike of 19 percent this financial year so far as it battles inflation in key raw material prices.

Trade Spotlight | What should you do with Asian Paints, Godrej Consumer Products, Axis Bank stocks?

Here's what Gaurav Sharma of Globe Capital Markets recommends investors when the market resumes trading today.

Asian Paints share rises 6% on price increase; Nomura says another hike needed

Asian Paints has hiked the prices of its products by 7-10 percent, effective from November 12, a Kotak Institutional Equities report has said

Asian Paints, Berger Paints hike prices in highest-ever increase

Asian Paints, which has already taken a 7.5 percent cumulative price increase in the last six months, plans to further hike prices by 7-10 percent, while Berger Paints, too, has taken a high single digit price increase, said brokerages.

Buy Asian Paints; target of Rs 3675: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Asian Paints has recommended buy rating on the stock with a target price of Rs 3675 in its research report dated October 21, 2021.

Asian Paints Standalone September 2021 Net Sales at Rs 6,151.85 crore, up 35.9% Y-o-Y

Asian Paints Consolidated September 2021 Net Sales at Rs 7,096.01 crore, up 32.63% Y-o-Y

Hold Asian Paints; target of Rs 2800: Emkay Global Financial

Emkay Global Financial recommended hold rating on Asian Paints with a target price of Rs 2800 in its research report dated October 22, 2021.

Neutral Asian Paints; target of Rs 2930: Motilal Oswal

Motilal Oswal recommended Neutral rating on Asian Paints with a target price of Rs 2930 in its research report dated October 21, 2021.

Brokerages cut target price of Asian Paints; stock under pressure after whistle-blower flags related party transactions

The whistle-blower has alleged that money to buy Paladin Paints and Chemicals went from Asian Paints but its promoters Ashwin Dani and son Malav were controlling the company in their personal capacity

Asian Paints Consolidated September 2021 Net Sales at Rs 7,096.01 crore, up 32.63% Y-o-Y

Asian Paints Standalone September 2021 Net Sales at Rs 6,151.85 crore, up 35.9% Y-o-Y

Asian Paints after Q2 earnings: Should you buy, sell, or hold the share?

Asian Paints reported a 29 percent year-on-year decline in consolidated profit at Rs 605.2 crore for the quarter ended September 2021 as higher input prices dented operating income, missing analysts' expectations.

Asian Paints: Margins take a knock in Q2 as cost pressures bite

The kitchen business of Asian Paints clocked revenues in excess of Rs 100 crore for the first time, and achieved operational breakeven despite the inflation headwinds

Asian Paints Consolidated September 2021 Net Sales at Rs 7,096.01 crore, up 32.63% Y-o-Y

Asian Paints Standalone September 2021 Net Sales at Rs 6,151.85 crore, up 35.9% Y-o-Y

Asian Paints Q2 profit falls 29% to Rs 605.2 crore on steep decline in operating income

Steep inflation in raw material prices, since the beginning of this calendar year, has been phenomenal and has impacted gross margins across all businesses in the quarter, said MD & CEO Amit Syngle.

Asian Paints Q2 Preview | Volume growth may lift revenue, inflation to weigh on margins

Experts largely expect around 500 bps YoY contraction in gross margin as Brent crude prices increased to $78.52 a barrel from $75.13 a barrel during the quarter and gained more than 30 percent since the start of FY22, though the company has taken a price hike in first half of FY22.

Asian Paints Q2 PAT seen up 4% YoY to Rs 886 cr: ICICI Direct

Net Sales are expected to increase by 20.6 percent Y-o-Y (up 15.6 percent Q-o-Q) to Rs 6,454 crore, according to ICICI Direct.

Asian Paints Q2 PAT seen up 12.1% YoY to Rs 930.9 cr: KRChoksey

Net Sales are expected to increase by 20 percent Y-o-Y (up 14.9 percent Q-o-Q) to Rs 6,420.3 crore, according to KRChoksey.