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Shares of Asian Paints fell as much as 6.5% to an intraday low of Rs 2,454 on the BSE on Wednesday after the company reported a nearly 5% year-on-year decline in consolidated net profit for the quarter ended December. Net profit stood at Rs 1,060 crore, compared to Rs 1,110 crore in the same period […]
Asian Paints is likely to post a stable performance in the December quarter, with better volumes and margin improvements partially offset by weak pricing and a subdued demand backdrop. On average, five brokers expect third-quarter revenue to rise around 5% year-on-year, while profit after tax (PAT) is estimated to rise around 8% compared to last […]
