Asian Paints Ltd.

NSE: ASIANPAINT | BSE: 500820 | ISIN: INE021A01026 | Industry: Paints
| Expensive Performer

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Asian Paints Ltd.
27 Jan 2020
2282.40
4.40%
SMC online
December 2019 compared to corresponding previous year period. The company operating margins rose 90 bps to 21.9%. As a result operating profit growth rose 8% to Rs 1189.39 crore. Cost of raw material consumed as a percentage of net sales (net of stock adjustment) fell 560 bps to 45.6% while purchase of stock in trade rose 140 bps to 8.3%, employee benefit expense rose 70 bps to 6.8% and other expense increased 140 bps to 15.8%....
Asian Paints Ltd. has an average target of 2717.50 from 6 brokers.
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