Asian Paints Shares Fall On CLSA Downgrade

Shares of Asian Paints lose shine over 3% on Tuesday after global brokerage CLSA has down-graded the stock to ‘Sell’  from ‘Outperform’ while cutting the TP to Rs1,400 from Rs1,565.  The CLSA said, it turn cautious given near term concerns Read more

Asian Paints Posts 14-pc Net Profit, Stock Fades Colour

Asian Paints Limited, India’s biggest paint maker by market capitalization, today reported strong numbers for Q3FY2019 regardless of high raw material prices in the December quarter.  The colour company’s total sales for Q3FY2019 arrived at Rs. 5,293.99 cr, as against Read more