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Asian Paints Ltd - 500820 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 Please find enclosed the intimation letter dated 4th February, 2020, received from our RTA - M/s. TSR Darashaw Consultants Private Limited, providing information regarding loss of share certificates and issue of duplicate share certificates to the shareholders of the Company. This information is being submitted pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is for your information and record.
05-02-2020

Buy Asian Paints target of Rs 2050: ICICI Direct

 ICICI Direct is bullish on Asian Paints has recommended buy rating on the stock with a target price of Rs 2050 in its research report dated January 23, 2019.
04-02-2020
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Earnings Call Transcript - Q3FY20 for Asian Paints

 Earnings Call Transcript - discussion between Management and Analysts for Q3FY20 Opening Remarks The Paint industry continued to be impacted by adverse macroeconomic conditions in the domestic economy as well as adverse impact of extended monsoon till almost October end. Demand conditions have been weak and in an economy with a large domestic consumption sector, this is getting reflected in the multi-year low GDP growth rates. These adverse factors coupled with some preponement of sales to the second quarter given an early Diwali this year as compared to the previous year, had an impact on our domestic decorative business with volume growth in low double digits. As stated during the second quarter result call, we continue to focus on our strategy to grow the bottom of the pyramid with large push on the economy range of products which continue to grow at a much faster rate than the premium range of products. The Smartcare waterproofing and Adhesives product range also grew well. Focus on Décor through the Paint Total service continues to be pushed forward. Material prices remained benign in the quarter and we took one more round of price reduction in a few solvent based products, amounting to a price reduction of 0.25% at the portfolio level. This takes the cumulative price reduction during the year to slightly above 1% at the portfolio level. The persistent slowdown experienced by the automotive industry continued to adversely impact the Automotive coatings JV (PPG-AP). The Industrial coatings JV (AP-PPG) saw a demand improvement on a sequential basis as compared to the first two quarters of the financial year particularly supported by demand in the Protective coatings segment. Both the JVs registered improvement in profitability on the back of lower material prices and contained growth in overhead costs. Click pdf to read full transcript
01-02-2020
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Asian Paints Ltd - 500820 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 Please find enclosed the intimation letter dated 27th January, 2020, received from our RTA -M/s. TSR Darashaw Consultants Private Limited, providing information regarding loss of share certificates and issue of duplicate share certificates to the shareholders of the Company. This information is being submitted pursuant to Regulation 39(3) of the SESI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is for your information and record.
28-01-2020

Asian Paints Q3 result beat estimates; here are highlights of analyst call

 Revenue from operations was at Rs 5,420.28, up 3 percent year-on-year.
25-01-2020
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Asian Paints Ltd - 500820 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 Please find enclosed the intimation letter dated 23rd January, 2020, received from our RTA - M/s. TSR Darashaw Consultants Private Limited, providing information regarding loss of share certificates and issue of duplicate share certificates to the shareholders of the Company. This information is being submitted pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is for your information and record.
24-01-2020

Asian Paints: Rural focus may drive volumes, but is a risk to earnings growth

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24-01-2020
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ASIAN PAINTS LTD. - 500820 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 Pursuant to Regulation 30 and other applicable provisions of Listing Regulations, please find enclosed copies of financial results of the Company for the quarter and nine months period ended 31st December, 2019, published in the following newspapers today: i. All India Edition of Economic Times; ii. Mumbai edition of The Free Press Journal; iii. Mumbai edition of Navshakti; and iv. Maharashtra edition of Maharashtra Times. This is for your information and record.
23-01-2020

Accumulate Asian Paints; target of Rs 1815: Prabhudas Lilladher

 Prabhudas Lilladher recommended accumulate rating on Asian Paints with a target price of Rs 1815 in its research report dated January 22, 2019.
23-01-2020
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Asian Paints: Little scope for a sharp recovery in near-term revenue growth

 Valuations of 50x FY21 estimated earnings are rich
22-01-2020
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