Asian Paints Ltd.

BSE: 500820 | NSE: ASIANPAINT
Large Cap | Paints
2319.70
-30.90 (-1.31%)
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Asian Paints shines on reporting 5% rise in Q2 net profit

Date: 26-10-2012

Asian Paints is currently trading at Rs. 3911.00, up by 12.75 points or 0.33% from its previous closing of Rs. 3898.25 on the BSE.

The scrip opened at Rs. 3882.00 and has touched a high and low of Rs. 3917.50 and Rs. 3872.00 respectively. So far 3413 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4170.00 on 31-May-2012 and a 52 week low of Rs. 2551.05 on 28-Dec-2011.

Last one week high and low of the scrip stood at Rs. 3,939.95 and Rs. 3839.40 respectively. The current market cap of the company is Rs. 37447.56 crore.

The promoters holding in the company stood at 52.79% while Institutions and Non-Institutions held 26.91% and 20.30% respectively.

Asian Paints has reported results for second quarter ended September 30, 2012.

The company has registered growth of 5.13% in its net profit after tax at Rs 223.82 crore for the quarter ended September 30, 2012 as compared to Rs 212.90 crore for the same quarter in the previous year. Total income has increased by 14.61% at Rs 2169.47 crore for quarter under review as compared to Rs 1892.84 crore for the quarter ended September 30, 2011.

Asian Paints is India’s largest paint company and Asia’s third largest paint company with an annual turnover of Rs 5,463 crore. The company along with its subsidiaries has operations in 20 countries across the world and 28 paint manufacturing facilities, servicing consumers in 65 countries through Berger International, SCIB Paints-Egypt, Asian Paints, Apco Coatings and Taubmans.