Asian Paints shares surged by more than 0.75 percent each on the Bombay Stock Exchange (BSE) this past Friday, May 10, 2024, defying expectations following leading brokerages like Jefferies, CLSA, and Citi slashing their share price targets. This surprising upward movement came hot on the heels of the company’s disappointing January-March quarter results, which were…
Asian Paints shares: Asian Paints Ltd shares have extended their decline, dropping over 16% in the year 2023 thus far. The stock received a downgrade from CLSA, indicating potential further downside, particularly following Grasim Industries’ entry into the paint business. The overseas brokerage firm CLSA, based in Hong Kong, has downgraded the stock to ‘sell’….
Sensex and Nifty: At around 10:00 am, the S&P BSE Sensex dropped 310.32 points to reach 72,832.48, while the NSE Nifty50 declined by 90.05 points to settle at 22,122.65. In short Nifty and Sensex open lower as IT stocks decline. Early trading sees a lot of volatility in markets. Paytm stock hits the upper circuit…
Asian Paints Q3 Results: Asian Paints reported October–December quarter fiscal 2023–24 (Q3FY24) results, indicating a 34.5% increase in consolidated net profit to ₹1,475 crore from ₹1,097 crore in the same period last year. The income generated by the operations of the largest paint manufacturing firm in the country increased by 5.4% to ₹9,104 crore during…
