ASIAN PAINTS share price has plunged 12% and is presently trading at Rs 1,683.
Meanwhile, the BSE 500 Index is at 10,631 (down 11.3%).
Among the top losers in the BSE 500 Index today are ASIAN PAINTS (down 11.9%) and HONEYWELL AUTOMATION (down 19.9%).
KIOCL (up 6.5%) and SUPRAJIT ENGINEERING (up 6.2%) are among the top gainers today.
Over the last one year, ASIAN PAINTS has moved up from Rs 1,455 to Rs 1,683, registering a gain of Rs 228 (up 15.7%)..
The BSE 500 has moved down from 15,137 to 10,631, loss of 4,506 points (down 29.8%) during the last 12 months.
The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 270.7%), ABBOTT INDIA (up 83.1%) and NAVIN FLUORINE (up 52.9%).
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The BSE Sensex is at 27,901 (down 11.9%).
In the meantime, NSE Nifty is at 8,159 (down 11.8%).
Over the last 12 months, the BSE Sensex has moved down from 38,387 to 27,901, registering a loss of 10,486 points (down 31.34%).
ASIAN PAINTS net profit stood at Rs 8 billion for the quarter ended December 2019, compared to a profit of Rs 6 billion a year ago. Net Sales rose 2.4% to Rs 54.2 billion during the period as against Rs 52.9 billion in October-December 2018.
For the year ended March 2019, ASIAN PAINTS reported 9.6% increase in net profit to Rs 21.7 billion compared to net profit of Rs 19.8 billion during FY18.
Revenue of the company grew 12.1% to Rs 193 billion during FY19.
The current Price to earnings ratio of ASIAN PAINTS, based on rolling 12 month earnings, stands at 54.0x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed most of the buying interest during closing hours today and ended on a strong note.
BSE Sensex is trading up by 167 points, while the NSE Nifty is trading up by 50 points.
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