In this video, we dive into the stocks to keep an eye on for February 6th. From industry leaders like Kansai Nerolac and Swiggy to emerging players such as Welspun Corp and Redington, we cover the latest updates and market movements. Stay informed with our insights into GE Vernova, IndiGo, Info Edge, and other key players shaping today's market trends. Don't miss out on the potential movers and shakers of the day!
Macquarie noted that Kansai Nerolac reported a better decorative segment sales performance compared to Asian Paints in Q3.
Kansai Nerolac Share Price | A meeting of the board of directors of the company will be held on November 6, 2024.
Kansai Nerolac's consolidated net profit fell by 68.7 percent YoY to Rs 230 crore in Q1FY25, while consolidated revenue from operations fell by a modest 1.1 percent YoY to Rs 2,133 crore.
Macquarie has maintained its 'Outperform' rating on Asian Paints with a target price of Rs 4,000, underplaying competition concerns from the launch of Birla Opus.
Kansai Nerolac has gained 24.12 percent over the last six months against NIfty's 4.65 percent during the same period
The company had posted a net profit of Rs 111.21 crore in the July-September period a year ago, according to a regulatory filing from Kansai Nerolac.