Shares of Asian Paints have gained 8.3% over the past week, rising as much as 1.8% on Thursday, as falling crude prices boosted investor optimism around improving margins for India’s largest paint manufacturer, even as it faces an antitrust probe by the country’s competition regulator. The rally comes amid a drop in global oil benchmarks, … Read more
Digant Haria, Co-founder, GreenEdge Wealth, says IT stocks face muted expectations due to AI risks and economic uncertainty, favoring technical trading over fundamental analysis. The defence sector, experiencing strong growth between 2020 and 2024, boasts of high order books and positive sentiment. While existing investors can benefit, new entrants might find better opportunities in related … Read more
“I think this sale also is likely to be that of Reliance which was left off last week. Now they do not get 2200 crores, they get overall I think around 10,000 odd crores and they have huge debt so they can just use it to repay the debt. And in terms of news flow, … Read more
“When you look at steel as a sector, the context is that the price is at a four-year low, then we had imports at a 10-year high and with 12% kind of a safeguard duty, our sense is that for a company like Tata Steel which did somewhere about Rs 12,000 per tonne kind of … Read more
“Pace of recovery will depend on the pace at which profitability sustains and stabilises and volumes improve. But on risk-reward now after a period of three-four years we are now coming to a stage where as a contrarian investor one could start evaluating investing in this stock,” says Sandip Sabharwal, asksandipsabharwal.com. Let me just talk … Read more
UBS has turned bullish on India’s consumer sector, projecting 13% earnings growth for FY26 and naming Avenue Supermarts, Trent, and Hindustan Unilever as its top stock picks. The brokerage upgraded multiple stocks in the space, betting on a rebound in demand, easing input cost pressures, and income stimulus from tax cuts and the forthcoming Eighth … Read more
Amit Syngle, MD & CEO, Asian Paints, says many paint companies are facing mixed impact from new market entrants. Some newcomers are thriving and others are struggling. The lower end of the market has declined, reflecting a shift in market share rather than a single company’s issues. Competition remains fierce and is expected to continue. … Read more
Nearly 748 companies will announce their quarterly earnings this week. Key results to watch out include from Asian Paints, Titan, Airtel, Power Grid, Divi’s Labs, Tata Power, Torrent Power, Info Edge, Swiggy, SBI, ITC, Trent, Britannia, LIC, M&M, NHPC, Oil India among others. Here’s what to look forward to on the earnings front: February 3 … Read more
Crude-sensitive stocks, including oil marketers, paint, tyre manufacturers, and airlines, fell on Monday, January 13, as Brent oil prices surged past $81 per barrel. The rise follows expectations that new U.S. sanctions on Russia will impact crude supplies to China and India. Oil prices reached their highest level in over three months, driven by concerns … Read more
Shares of Asian Paints today fell by 3.4% to their new 52-week low of Rs 2,266 on the BSE after the company announced the resignation of Shyam Swamy and Vishu Goel, two of the company’s senior management executives. Shyam Swamy was the Vice President, Home Improvement, Décor, Services & Retailing while Vishu Goel served as … Read more