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
Although a favourite of long-term investors for compounding wealth consistently over the last few decades, the stock of has hit a rough patch. The Nifty stock slipped another 3 per cent on Tuesday morning to hit a 52-week low of Rs 2,585.05. The stock is now down over 22 per cent year-to-date (YTD) and 11 … Read more