advises users to check with certified experts before taking any investment decisions. International sales fell 1.4 percent to Rs 695 crore year-on-year in the April-to-June quarter due to economic uncertainty, forex crisis and liquidity issues in key markets of Asia and Africa, the company said in a press release.ĭisclaimer: The views and investment tips expressed by experts on are their own and not those of the website or its management. ![]() Both the segments recorded a decline in revenues on the back of high base last year, the company said in an investor conference call. The company reported a 52 percent increase in its net profit year-on-year to Rs 1,574 crore in Q1FY24.Īsian Paints’ bath fittings sales fell 28.2 percent and kitchen business sales fell 12 percent on-year in Q1FY24. “We believe that coming festive season, coupled with easing raw material inflation will lead to healthy growth,” it said in a brokerage flash. The domestic brokerage firm said that margin expanded by around 500 basis points which was aided by strong operational efforts and easing inflation in raw material prices. Prabhudas Lilladher has an 'accumulate' rating on the stock. It expects Asian Paints’ revenue to record a CAGR of 13.1 percent over FY23-25 and EBITDA to average 19.8 percent growth over the same period. The brokerage house said that revenue numbers were in line with their estimates and sharp input cost reductions could lead to healthy earnings growth. Motilal Oswal has a 'neutral' rating on the stock with a target price of Rs 3,120. The brokerage firm said that Q1FY24 earnings beat estimates with a better-than-expected operating margin. Morgan Stanley has an 'underweight' rating on the stock with a target price of Rs 2,702. This suite of styles is perfect for genres like Melodic Techno, Future Rave, Melodic house and progressive house but is flexible enough to be used on so much more. ![]() The first suite of styles available for Pilot Plugins is Futurism Vol. On July 25, Asian Paints shares closed 4 percent down on the NSE. Get Pilot Plugins + Futurism Vol.1 Styles. The shares were down 0.39 percent to Rs 3,387.3 at 9.17am on the National Stock Exchange. Artist Quotes David Guetta I can keep it open all the time. That includes YouTube videos, Splice, sample libraries, Ableton, Logic you name it. Asian Paints shares extended losses on July 26 after a weak revenue growth of 6.68 percent to Rs 9,182 crore in the April-June quarter. It doesn’t matter what you’re playing or where you’re playing it, Mixed in Key Live tells you the key, BPM, and notes of ANY audio.
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