Asian Paints Ltd.

BSE: 500820 | NSE: ASIANPAINT
Large Cap | Paints
2674.65
-75.55 (-2.75%)
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Asian Paints shines despite reporting 67% fall in Q1 consolidated net profit

Date: 27-07-2020

Asian Paints is currently trading at Rs. 1782.35, up by 71.40 points or 4.17% from its previous closing of Rs. 1710.95 on the BSE.

The scrip opened at Rs. 1718.10 and has touched a high and low of Rs. 1788.00 and Rs. 1718.10 respectively. So far 184632 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1915.90 on 09-Mar-2020 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. 1788.00 and Rs. 1683.00 respectively. The current market cap of the company is Rs. 169135.35 crore.

The promoters holding in the company stood at 52.79%, while Institutions and Non-Institutions held 27.16% and 19.96% respectively.

Asian Paints has reported 61.39% fall in its net profit of Rs 251.88 crore for the quarter ended June 30, 2020 as against Rs 652.45 crore for the same quarter in the previous year. Total income of the company decreased 44.05% at Rs 2498.39 crore for Q1FY21 as compared Rs 4465.66 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 66.67% fall in its net profit attributable to owners at Rs 218.45 crore for the quarter ended June 30, 2020 as against Rs 655.44 crore for the same quarter in the previous year. Total income of the company decreased by 42.65% at Rs 2969.75 crore for Q1FY21 as compared Rs 5178.24 crore for the corresponding quarter previous year.