2207.8000 -11.60 (-0.52%)
NSE Jun 13, 2025 12:47 PM
Volume: 966.8K
 

Religare
Asian Paints Ltd (APL) reported subdued numbers for Q2FY19, below our expectation. Its revenue grew by 8.5% yoy driven by volume growth across various products. Its EBITDA and PAT de-grew by 2% and 3.8% yoy respectively on back of higher input costs and higher interest expense. Further, both EBITDA and PAT margins declined by 184 bps and 140 bps yoy.
Asian Paints Ltd. has an average target of 2333.62 from 8 brokers.
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