Asian Paints shares gain over 4% after Q2 earnings
Asian Paints scrip today went up
by over 4 per cent after the company reported 7.54 per cent
increase in consolidated net profit for the second quarter
ended September 30.
The stock gained 4.10 per cent to settle at Rs 1,220.50
on BSE. During the day, it climbed 5.16 per cent to Rs 1,233.
Asian Paints was the biggest gainer among the 30-share
At NSE, shares of the company advanced by 4.15 per cent
to close at Rs 1,222.90.
In equity volume front, 2.13 lakh shares of the company
were traded on BSE and over 23 lakh shares changed hands at
NSE during the day.
Asian Paints today reported 7.54 per cent increase in
consolidated net profit to Rs 526.19 crore for the second
quarter ended September 30.
The company had posted a net profit of Rs 489.26 crore
for the same period of previous fiscal.
Revenue from operations stood at Rs 4,274.18 crore for
the second quarter compared to Rs 4,178.61 crore in the same
period last fiscal, it said in a regulatory filing.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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