‹ All Posts
Saurabh Mittal

15 mins ago · SEBI Registration INH000022835

Asian Paints Ltd a planned ₹4,000 crore capacity expansion.

ASIANPAINT Asian Paints reported Q2 FY27 consolidated net profit of ₹1,067.6 crore, up 7.5% year-on-year, on net sales of ₹9,953.9 crore (up 16.9% YoY), with PBDIT of ₹1,557.1 crore (up 3.6% YoY); for H1 FY27, net sales rose 17.4% to ₹20,475.3 crore and net profit after minority interest rose 24.5% to ₹2,606.9 crore. On the market side, shares fell 1.57% to ₹2,496.70 on November 13 (intraday high ₹2,529.50, low ₹2,495.20), with volume of 156,027 shares; the stock had earlier climbed above its 100-day simple moving average (₹2,554.29) but remains down 19% over three years. The company declared an interim dividend of ₹5.75 per share (record date November 4), with payment beginning November 13. In strategic news, Asian Paints is undertaking its largest-ever capacity expansion, investing ₹4,000 crore across Visakhapatnam (5 lakh KL, ₹1,785 crore) and Mysuru (6 lakh KL, ₹2,300 crore) to add 1.1 million kilo litres of capacity; management announced an almost 3.5% price increase for November to offset anti-dumping duties and raw-material inflation, while international revenue grew 29.5% in Q2, with strong Middle East performance despite geopolitical challenges.

#FundamentalViews#WatchOutFor#StockInNews
2 likes·2 comments