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KANSAI NEROLAC EARNINGS
Falling crude oil price sends tyre, paint, oil marketing and airline companies soaring in relief rallyOn Friday, a significant drop in oil prices caused a ripple effect in the stock market, with companies linked to crude oil benefiting the m...
India's paint industry remains optimistic on growth despite crude volatility, pricing pressures and competitionIndia's paint industry is experiencing a demand surge in both cities and villages. Leading companies anticipate strong volume growth in FY2...
Stocks to buy today: ICICI Bank, HDFC Bank could give 15-17% returns post Q4 resultsBrokerage houses are bullish on select frontline stocks, with Antique, Motilal Oswal, and Nuvama reiterating Buy ratings for Kansai Nerolac...
Kansai Nerolac Q1 sales remain flat YoY, profit slumps 69%The century-old paint-maker’s revenue for the quarter fell 1% on year to Rs 2,050.4 crore, while earnings before interest, tax, depreciatio...
Hot Stocks: Brokerages on ICICI Bank, RIL, Tata Steel and Asian PaintsThe global investment bank expects competition to intensify as a new player comes in. “We believe risk is yet to be completely reflected in...
How Kansai Nerolac plans to fight rising competition in paints industryKansai Nerolac is a subsidiary of Kansai Paint Company of Japan, which has 74.99% of the Indian company as of March 2022. According to CRIS...
Corporate Radar: Q4 earnings, dividends, stock splits, AGMs & moreShares of GG Engineering will go ex-split today. The companies had announced the splitting of shares into face value of Re 1 from the face ...
Kansai Nerolac tanks 7% as Q4 net profit slumpsThe paint manufacturer reported a decline of 84.49 per cent in its consolidated net profit to Rs 19.17 crore for the fourth quarter ended M...
Kansai Nerolac Paints Q3 results: Profit rises 76.6% to Rs 204.5 croreTotal income during October-December 2020 stood at Rs 1,606.86 crore, up 19.68 per cent as against Rs 1,342.53 crore in the year-ago period...
Paint companies soar amid IPO buzz, but D-Street’s waryIndigo Paints’ upcoming issue triggers interest in stocks of its peers despite steep valuations
Kansai Nerolac Q2 Results: Net profit falls 11.5% to Rs 168 croreIts total income during July-September 2020 grew 4.37 per cent to Rs 1,388.02 crore, compared with Rs 1,329.88 crore in the year-ago period.
Paint stocks see solid rebound, but can they paint the town red?Stocks of Asian Paints and Berger Paints haven’t logged big gains on a year-to-date basis; they have simply gyrated back to their pre-Covid...
Softer crude, strong Q1 boost paints stocksMajor companies outperform indices, but high valuations may restrict further gains in near term
Kansai Nerolac net profit at Rs 144.69 crore in June quarterIts total income was Rs 1,549.18 crore during the quarter.
Missed the bus? Paint stocks rally up to 90% in 1 year, triple-digit returns possible by DiwaliShares of Shalimar Paints have soared 88 per cent in last one year, while Berger Paints has jumped 64 per cent, followed by Kansai Nerolac ...
- Accumulate Kansai Nerolac Paints Ltd., target Rs 415.0 : Kotak Securities Limited
Kotak Securities values the stock at 45x FY18E EPS (at par with Asian Paints) and arrives at a TP of Rs 415 (from Rs 370) maintaining the p...
Under-penetration, diversified consumer base help paint companies stay ahead of FMCGsValuation-wise, paint companies have always traded expensive, given their high earnings growth visibility and dividend-paying policies.
Lupin, Pfizer, PI Industries, other stocks bucked the trend; post strong profitsThere are enough stocks that have managed to withstand this onslaught. A study of performance of the CNX 500 index shows over 200 stocks ha...
Kansai Nerolac Q3 net profit up 33.67% to Rs 65.66 croreThe company had posted a net profit of Rs 49.12 crore for the October-December period of previous fiscal, Kansai Nerolac Paints said in a B...
- Kansai Nerolac Q3 net dips to 48.9 crore
Kansai Nerolac today reported a decline in consolidated net profit at Rs 48.9 crore for the third quarter ended December 31, 2012, despite ...