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saurabh mittal

14th Apr · SEBI-Registered Analyst

Asian Paints Ltd announced a 6-8% price hike across its emulsions

ASIANPAINT
announced a 6-8% price hike across its emulsions, enamels, primers, distempers, Neo Bharat range, and thinners effective April 10, 2026, with a second phase for waterproofing, tile adhesives, and wood finishes starting April 21. Shares surged over 4% initially on the news amid easing crude prices but faced pressure from weak Q3 FY26 results showing a 5% YoY profit decline to ₹1,074 Cr despite 3.7% sales growth to ₹8,867 Cr. The boards approved Harind Chemicals' absorption of subsidiary Nova and appointed S R B C & Co. LLP as statutory auditors for five years from the 80th AGM.

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