Asian Paints shines on reporting 18% rise in Q1 consolidated net profit

24 Jul 2019

Asian Paints is currently trading at Rs. 1468.70, up by 40.35 points or 2.82% from its previous closing of Rs. 1428.35 on the BSE.

The scrip opened at Rs. 1430.00 and has touched a high and low of Rs. 1478.40 and Rs. 1396.00 respectively. So far 215006 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1529.95 on 03-Apr-2019 and a 52 week low of Rs. 1119.60 on 23-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1478.40 and Rs. 1359.40 respectively. The current market cap of the company is Rs. 140757.48 crore.

The promoters holding in the company stood at 52.79%, while Institutions and Non-Institutions held 25.70% and 21.51% respectively.

Asian Paints has reported a rise of 20.46% in its net profit at Rs 652.45 crore for the quarter ended June 30, 2019 as compared to Rs 541.64 crore for the same quarter in the previous year. Total income of the company increased by 18.29% at Rs 4,465.66 crore for Q1FY20 as compared Rs 3,775.11 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 17.91% in its net profit at Rs 672.09 crore for the quarter under review as compared to Rs 570.02 crore for the same quarter in the previous year. Total income of the company increased by 16.68% at Rs 5,204.19 crore for Q1FY20 as compared Rs 4,460.25 crore for the corresponding quarter previous year.

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Asian Paints Share Price

2557.50 6.00 (0.24%) May 10, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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