Asian Paints slips on reporting 20% fall in Q1 consolidated net profit

26 Jul 2017 Evaluate

Asian Paints is currently trading at Rs. 1130.00, down by 21.95 points or 1.91% from its previous closing of Rs. 1151.95 on the BSE.

The scrip opened at Rs. 1128.50 and has touched a high and low of Rs. 1144.70 and Rs. 1128.50 respectively. So far 64,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1230.00 on 13-Oct-2016 and a 52 week low of Rs. 850.10 on 22-Dec-2016.

Last one week high and low of the scrip stood at Rs. 1171.00 and Rs. 1111.00 respectively. The current market cap of the company is Rs. 1,08,389.00 crore.

The promoters holding in the company stood at 52.79%, while Institutions and Non-Institutions held 25.99% and 21.22% respectively.

The company has reported a fall of 20% in its net profit at Rs 400.95 crore for first quarter ended June 30, 2017 as compared to Rs 501.18 crore for the same quarter in the previous year. However, total income of the company increased by 5.57% at Rs 3680.71 crore for Q1FY18 as compared to Rs 3486.50 crore for the corresponding quarter previous year.

On consolidate basis, the company has reported 20.24% fall in its net profit at Rs 440.74 crore for the quarter ended June 30, 2017 as compared to Rs 552.56 crore for the corresponding quarter in the FY17. However, total consolidated income of the company increased by 4.95% at Rs 4306.60 crore for quarter under review as compared to Rs 4103.56 crore for the same quarter in the previous year.


Asian Paints Share Price

2846.00 15.95 (0.56%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Asian Paints 2846.00
Berger Paints India 571.65
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