Religare Broking gives 'buy' recommendation for Asian Paints stocks. Here's why

The brokerage pegged the stock target price at ₹3,614 per cent, with return on investments of about 15 per cent.

Asian paints posts 45% rise in Q4 profit on strong demand, easing costs

Asian Paints reported an over-45% rise in fourth-quarter profit due to eased input costs and increased demand for decorative paints.

Nuvama retains ‘buy’ calls on these two paint stocks, sees up to 77% upside

As per the brokerage, the demand for the paints industry has improved in the March quarter for FY23, and it does not expect any major price correction for these stocks in the near term.

Stocks to buy: Analysts recommend betting on these 9 picks for the short term

Analysts suggest one should avoid taking aggressive bets in this market and pick quality stocks that are fundamentally sound and technically attractive.

Stocks to buy: Oberoi Realty, Asian Paints, L&T among 9 picks analysts recommend for short term

V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, pointed out that the trend reversal in Nifty, led by banking and metals, has more legs to go.

Asian Paints shares decline over 3% as Q3 results fail to cheer investors

<ul><li>The stock fell 2.64 per cent to ₹2,868.05 apiece on the BSE. During the day, it declined 3.15 per cent to ₹2,853.</li></ul>

Asian Paints Q3 net profit rises 6.4% to ₹1,097 crore

<ul><li>Consolidated revenue from operations stood at ₹8,636.74 crore as against ₹8,527.24 crore in the year-ago quarter, it added.</li></ul>

Asian Paints' Board approves plant at cost of ₹2,000 crore

The Board of Directors of Asian Paints have approved setting up of a new water-based paint manufacturing facility at an approximate investment of ₹2,000 crore.

Asian Paints: Road ahead looks bumpy; brokerages remain unimpressed after Q2, flag concerns

<ul><li>Asian Paints on October 20 reported a lower-than-expected consolidated net profit of ₹783 crore, up about 31% as compared to ₹596 crore in the same quarter last year.</li></ul>

Asian Paints misses profit estimates, shares fall 3%

Asian Paints' consolidated net profit rose 31.3% year-over-year to 7.83 billion rupees ($94.38 million) in the quarter, but missed analysts' expectations of 10.82 billion rupees, according to IBES data from Refinitiv.

Top Asian Paints News

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Religare Broking gives 'buy' recommendation for Asian Paints stocks. Here's why

markets

Asian paints posts 45% rise in Q4 profit on strong demand, easing costs

markets

Nuvama retains ‘buy’ calls on these two paint stocks, sees up to 77% upside

markets

Stocks to buy: Analysts recommend betting on these 9 picks for the short term