A combination of both volume and value growth, coupled with easing cost pressures are likely to help Asian Paints Ltd report double-digit year-on-year (YoY) growth in profit for the June quarter. The consolidated net profit is seen rising nearly 35% YoY to Rs 1,371.30 crore, according to the average of estimates given by 9 brokerages. … Read more
Asian Paints is one of the biggest paint companies in the industry with a strong distribution channel as its moat. It has four major business segments: decorative, international, industrial and home improvement. Each business segment has a different set of opportunities and challenges. The paint industry is highly dependent on the performance of the real … Read more
The stock price of Kansai Nerolac was Rs 390.3 when the market closed on June 13, 2022. The stock had reached its all-time high of Rs 651.5 on January 18, 2021, and has declined by almost 40% from those levels. Synopsis Kansai Nerolac is a subsidiary of Kansai Paint Company of Japan, which has 74.99% … Read more