Asian Paints Ltd.

BSE: 500820 | NSE: ASIANPAINT
Large Cap | Paints
2756.90
-58.45 (-2.08%)
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Asian Paints gains on reporting 6% rise in Q2 consolidated net profit

Date: 27-10-2014

Asian Paints is currently trading at Rs. 653.75, up by 1.05 points or 0.16 % from its previous closing of Rs. 652.70 on the BSE.

The scrip opened at Rs. 654.20 and has touched a high and low of Rs. 658.20 and Rs. 649.20 respectively. So far 20316 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 680.00 on 09-Sep-2014 and a 52 week low of Rs. 461.00 on 20-Feb-2014.

Last one week high and low of the scrip stood at Rs. 660.05 and Rs. 629.90 respectively. The current market cap of the company is Rs. 62443.78 crore.

The promoters holding in the company stood at 52.79 % while Institutions and Non-Institutions held 27.31 % and 19.90 % respectively.

Asian Paints has registered 4.85% rise in its net profit at Rs 325.67 crore for second quarter ended September 30, 2014 as compared to Rs 310.60 crore for the same quarter in the previous year. Total income of the company has increased 18.08% at Rs 3046.21 crore for Q2FY15 as compared Rs 2579.86 crore for the corresponding quarter previous year.

On consolidated basis, the company’s net profit after taxes and minority interest for the quarter under review registered 6.26% growth at Rs 347.30 crore against Rs 326.84 crore in the September quarter of previous fiscal. The company’s total income has increased by 16.48% at Rs 3680.92 crore for the quarter from Rs 3160.03 crore in the similar quarter of previous year.