asian paints shares: Asian Paints shares tumble 4% after disappointing Q1 numbers. Should you buy, sell or hold?

asian paints shares: Asian Paints shares tumble 4% after disappointing Q1 numbers. Should you buy, sell or hold?

Shares of Asian Paints on Thursday fell 4% to the day’s low of Rs 2,848 on BSE after the company reported a consolidated net profit of Rs 1,170 crore for the quarter ended June 30, 2024, dropping 24% year-on-year (YoY). The consolidated revenue from operations stood at Rs 8,943 crore, falling 2.3% YoY over Rs … Read more

asian paints shares: Asian Paints shares fall 6% post Q3 earnings. Should you buy, sell or hold?

asian paints shares: Asian Paints shares fall 6% post Q3 earnings. Should you buy, sell or hold?

Asian Paints shares plunged 6% to the day’s low of Rs 3,048.60 in Thursday’s early trade following its December quarter earnings. Moreover, stances taken by a couple of top domestic brokerages did not cheer investors. While Kotak Institutional Equities recommended a ‘Reduce’ rating, Motilal Oswal reiterated a ‘Neutral’ view. Nuvama chose to remain upbeat with … Read more