Asian Paints gains on reporting 62% rise in Q3 consolidated net profit

22 Jan 2021 Evaluate

Asian Paints is currently trading at Rs. 2769.00, up by 54.35 points or 2.00% from its previous closing of Rs. 2714.65 on the BSE.

The scrip opened at Rs. 2762.00 and has touched a high and low of Rs. 2770.00 and Rs. 2730.80 respectively. So far 0.11 lakh shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2871.40 on 11-Jan-2021 and a 52 week low of Rs. 1431.85 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 2815.95 and Rs. 2556.00 respectively. The current market cap of the company is Rs. 260388.63 crore.

The promoters holding in the company stood at 52.79%, while Institutions and Non-Institutions held 28.04% and 19.16% respectively.
 
Asian Paints has reported 56.54% rise in its net profit of Rs 1187.93 crore for third quarter ended December 31, 2020 as against net profit of Rs 758.89 crore for the same quarter in the previous year. Total income of the company increased 26.20% at Rs 5994.22 crore for Q3FY21 as compared Rs 4749.66 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 62% rise in its net profit attributable to owners at Rs 1238.34 crore for the quarter under review as against net profit of Rs 764.43 crore for the same quarter in the previous year. Total income of the company increased by 25.43% at Rs 6886.39 crore for Q3FY21 as compared Rs 5490.11 crore for the corresponding quarter 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
Kansai Nerolac Paint 262.25
Akzo Nobel India 2395.10
Indigo Paints 1256.10
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