Asian Paints

Asian Paints rating – Add: Firm’s focus on market share gains is paying off

Two-year revenue growth CAGR of 4% was a surprise; earnings CAGR of 17.3% estimated for FY21-23; ‘Add’ retained with TP of Rs 3,400

Management guides for an operating margin band of 19-21%. In the near-term, there will be (likely) pent-up demand in Q2FY22; we model higher price growth in FY22 (vs. FY19-21). Our optimistic stance stays; retain Add.

If Nifty continues to trade below 15,600, it may touch 15,510; HCL Tech, Sun Pharma look strong on charts

The larger texture of the market is still on the bullish side and likely to continue in the near term, said an analyst

HCL Tech, Sun Pharma, Asian painst, nifty

Asian Paints rating – Buy: Stellar performance by decorative business

Execution and market leadership will continue to drive volumes; Buy retained with revised TP of Rs 3,185

Overall, we believe APL’s operational prowess and market leadership will help it continue to drive volume growth. Maintain Buy with revised TP of Rs 3,185.

Nifty may trade in 14,400-15,000 range this week, Bank Nifty below 20, 50, 100 day SMAs; Wipro, Cipla in focus

The chart pattern suggests that if Bank Nifty crosses and sustains above 33000 level it would witness buying which would lead the index towards 33500-34500 levels.

Nifty, bank nifty, stock markets

Analyst Corner: Maintain ‘add’ on Asian Paints

Considering APNT’s new product template of lower investments in capex and branding, we believe success can create (potentially huge) value with negligible downside in case of failure. ADD retained.

Asian Paints rating – Buy: Results beat estimates by a wide margin

Decorative volumes robust; firm’s execution stands out; Q4 outlook’s strong too; TP up to Rs 3,150; ‘Buy’ retained

This paints stock fell 9% in 3 days, but foreign brokerages see massive 19% upside

Asian Paints share price fell 2.7% on Monday morning to trade at Rs 2,525 per share. With this, the stock is down 9% since January 21 or three trading sessions.

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Indigo Paints IPO: Grey market premium surges 57% from issue price, even as Sensex, Nifty fall

Even as Indian share markets were seen trading over one per cent down today, Indigo Paints shares were commanding a premium of Rs 850-860, up 57 per cent from IPO price in the grey market.

Indigo paints, ipo, Indigo paints ipo

Asian Paints shares buy or sell? Long-term growth intact but wait for better entry price

Shares of Asian Paints surged 1.3% on Wednesday morning to trade at Rs 1,986 per share. With this the stock has now gained over 4% in a one-month time frame.

Share Market Today, Share Market Live

Mukesh Ambani’s Reliance Industries steps up to trim debt, mulls Rs 7500 cr Asian Paints stake sale

Reliance Industries controlled by Mukesh Ambani, Asia’s richest person, is in discussions with banks for a potential sale of its 4.9% stake in Asian Paints Ltd. through a series of block trades.

Asian Paints shares hit new all-time high, should you buy?

Asian Paints hit their new all-time high of Rs 928 on Thursday after the company on Wednesday reported 19.88 per cent rise in its consolidated net profit figures at Rs 408.75 crore for the quarter ended March 2016 against Rs

Asian Paints bse nse sensex nifty

Asian Paints shares fall 2% in today’s trade, Nomura downgrades

For the quarter ended December 2015, Asian Paints registered a consolidated net profit of Rs 463.28 crore, up 25.83 per cent, against Rs 368.18 crore in the corresponding quarter a year ago.

Gayatri Projects’ JV wins contract worth Rs 1255 crore, shares surge 17 per cent

Maintain ‘buy’ on Asian Paints, target Rs 990

Asian Paints’ (APL) Q3FY16 numbers were strong with a line by line beat versus our estimates.

Maintain ‘reduce’ on Asian Paints, target Rs 800: Kotak Institutional Equities

Asian Paints (APNT) delivered a quarter of healthy volume growth despite one-off factors impacting sales in South India.

Buy rating on Asian Paints: Maintaining 70 years of excellence

Asian Paints has taken various steps to further market share gains in paints

A(sian Paints) to Zee Entertainment, six toppers

Six stocks — Asian Paints, Kotak Mahindra Bank, Hindustan Unilever, Lupin, Sun Pharma and Zee Entertainment — have consistently outperformed the benchmark Nifty in each of the last five years.

Asian Paints consolidates investments in overseas units

Asian Paints today said its overseas subsidiary Asian Paints (International) Limited (APIL), Mauritius, has transferred its entire holding in Asian Paints (Vanuatu) Limited to Singapore-based Berger International.

Asian Paints bse nse sensex nifty

Jubilant Foodworks, Asian Paints to gain from 7th Pay Commission

Post the proposal, Bank of America- Merrill Lynch said, 7th Pay Commission's recommendation of a 23.6 per cent hike in salaries for civil servants will boost discretionary spending.

Midcap stocks to bet

Adani Ports, Asian Paints gain over 2% today, here is why

Shares of Adani Ports and Asian Paints gained 2.52 per cent and 2.89 per cent, respectively on Monday.

MRF, IDFC Bank, Vivimed Labs among 68 stocks thet hit fresh 52-week high on NSE today

Asian Paints shares fall on weak Q2 numbers

Asian Paints share price slid as much as 5.16 per cent on Monday after the company posted lower-than-expected September quarter results.

Asian Paints bse nse sensex nifty

Asian Paints posts Rs 399 cr profit in Q2

Asian Paints today reported a consolidated net profit of Rs 399 crore for the second quarter ended September 30, on account of increase in net sales.

Asian Paints bse nse sensex nifty

As stock markets fall, here are 5 buying opportunities

We look at stocks which have corrected enough to become fundamentally attractive, and have earnings upside were current macro conditions to stay.

irda investment guidelines, newInvestment norms,

Asian Paints mulling to have a unit in Karnataka

"The company continues its discussions with state government of Karnataka to set up another manufacturing facility for paints and intermediates at Mysuru district for future requirement," Asian Paints said in a regulatory fil

Asian Paints bse nse sensex nifty

Maintain buy on Asian Paints, volume growth of 6-7% likely in Q1: HSBC

Asian Paints stock price has corrected significantly since its peak in January this year on short-term weakness in volume growth.

Asian Paints bse nse sensex nifty

Workers at Asian Paints TN unit go on strike

Asian Paints said operations at its Sriperumbudur plant were affected due...

Overweight on Asian Paints, target Rs 920

Asian Paints had been one of our key ‘overweight’ ideas in 2014 and it performed...

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