Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1393.60
Change Change %
-5.60 -0.40%

Updated:15 Feb, 2019, 15:59 PM IST

BSE
1395.25
Change Change %
-4.20 -0.30%

Updated:15 Feb, 2019, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
CLSA
N/A
21-01-2014 Sell 474.90 N/A
N/A
Closed Long (1Y)
21-01-2015

CLSA maintains underperform on Asian Paints

Q3 earnings missed estimates. Company posted lower than expected revenue. Weak macro and poor consumer sentiments poses a downside risk for the stock. Stock trades at 33-times FY'15 earnings which is expensive.

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