Geojit recommended reduce rating on Kansai Nerolac Paints with a target price of Rs 459 in its research report dated May 12, 2023.

Accumulate Kansai Nerolac Paints; target of Rs 459: Geojit

Prabhudas Lilladher recommended accumulate rating on Kansai Nerolac Paints with a target price of Rs 486 in its research report dated May 09, 2023.

Accumulate Kansai Nerolac Paints; target of Rs 486: Prabhudas Lilladher

Kansai Nerolac Paints (KNPL) is the market leader in industrial paints and the third largest decorative paint company in India.

Broker’s Call: Kansai Nerolac Paints (Accumulate)

HDFC Securities is bullish on Kansai Nerolac has recommended buy rating on the stock with a target price of Rs 500 in its research report dated May 10, 2023.

Buy Kansai Nerolac; target of Rs 500: HDFC Securities

Results Review for L & T, SRF, Apollo Tyres, Kansai Nerolac, Nuvoco Vistas Corp

Kansai Nerolac announced issue of bonus shares in 1:2 ratio meaning that eligible shareholders will get one bonus share for every two shares of the company held by them as of the given record date.

Kansai Nerolac shares rally 10% on strong Q4 results, bonus announcement

Early signs of benefits due to investments in decorative paints.

Kansai Nerolac Q4 Results Review — Market Share Gains In Automotive Paints: ICICI Securities

You know better about the market but I can say we are working to support all our businesses and in this quarter all businesses have grown well so to that to an extent the result was good.

We are making certain investments in strategic areas to enhance our ability: Anuj Jain, Kansai Nerolac Paints

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Stocks to watch today — May 9, 2023

The good growth in infrastructure, core sector as well as automobile and real estate is likely to have a positive effect on the overall demand of paint for the industry in the long run.

Kansai Nerolac surges 10% on healthy Q4 earnings; recommends 1:2 bonus

Stock to Watch on Tuesday, May 9: Canara Bank’s net profit rose 90.6 per cent year-on-year (YoY) at Rs 3,175 crore in Q4FY23

Top 5 stocks to watch today: Kansai Nerolac, Canara Bank, Mankind Pharma among top stocks to watch today

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Kansai Nerolac Paints Limited (KNPL) is a paint company. The Company offers a range of products, including decorative, Automotive Coatings and Performance coatings.