Large cap stocks return less than FD rates
More than a dozen Nifty 50 Stocks have failed to deliver returns that a fixed deposit account would have delivered in a year.
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Asian Paints profit surges 53.3% to ₹1,232.39 cr in Sept quarter
The company attributes improved margins owing to operational, formulation and sourcing efficiencies as well as moderating raw material prices to be the reason behind strong profit growth in Q2.
Asian Paints co-founder Ashwin Dani passes away at 79
The non-executive Director of Asian Paints Ashwin Dani died on September 28.
Ravi Jaipuria most valuable in FMCG
FMCG sector has 13 dollar billionaires, led by Ravi Jaipuria of RJ Corp, followed by promoters of Asian Paints.
Hitting The FMCG Jackpot
Promoters from the sector see a decent rise in their net worth despite a tough year.
Asian Paints Q1 profit up 52% to ₹1,550 cr on decorative biz boost
Asian Paints CEO Amit Syngle says global biz faced macro challenges, adverse forex conditions, resulting in subdued growth in that portfolio
Asian Paints Q4 profit jumps 45% to ₹1,234 cr, sales up 11%
The board of Asian Paints has declared a final dividend of ₹21.25 per equity share, taking the total dividend payout for FY23 at ₹25.65 apiece
Asian Paints stock falls 3% as profit misses estimates
Revenue from operations increased 1.3% year-on-year to ₹8,636.74 crore during the third quarter.
Asian Paints co-founders most valuable in FMCG
The paints company, with the strongest moat, continues to power the fortunes of its three co-founders.
Asian Paints Q1 profit jumps 80%; revenue rises 55%
The volume growth registered in the quarter is one of the highest in the last six quarters.
