Asian Paints - Missed Estimates; Maintain HOLD
Asian Paints Q2FY24 results were below our estimates. Consolidated sales were flat YoY to Rs 8,479 Cr (Volume grew 6% YoY) owing to weak consumer...
464 Views
Asian Paints - Limited Upside Potential; Downgrade to HOLD
Asian Paints Q1FY24 results were strong on all fronts, especially margins. Consolidated sales grew 7% YoY to Rs 9,182 Cr (marginally lower).
167 Views
Festive temperature check: Festive mood sombre
We recently interacted with numerous store managers and companies to assess the festive performance and demand in discretionary categories
444 Views
HSIE Results Daily: Asian Paints, Shriram Finance, Colgate Palmolive, Westlife Foodworld, Symphony
Decorative business clocked 6/1.1% volume/value growth in Q2FY24. The mix was economy range-heavy. Urban markets (high-single-digit growth)...
475 Views
HSIE Results Daily: Larsen & Toubro, Asian Paints, Tata Motors, Bajaj Auto
Larsen & Toubro: Larsen & Toubro (LT) reported yet another strong quarter, beating our estimates on all fronts, led by robust execution owing to a...
291 Views