Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Not a good time to invest, stock is in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Kansai Nerolac Q1 Review - Above Expected: IDBI Capital

The management foresees uptick in demand across the paint industry to be driven by strong expansion in the infrastructure, core sector, automotive, and real estate industries.

Kansai Nerolac zooms 34% in 3 days on strong Q1 operational performance

Kansai Nerolac Paints Ltd’s shares hogged the limelight on Tuesday, rising nearly 18% to ₹508.3, reversing to a good extent, the sharp losses seen prior to this in CY22 so far. As things stand, the stock is 14% down in 2022

Why investors are excited about Kansai Nerolac

“When new competition enters our sector, it is important for us to just concentrate on our strength and strategy and to correct if any weakness is there over a period of time. There is no question of feeling threatening here because the industry size is good, the growth is good, and it takes time fo…

Anuj Jain on Kansai Nerolac results, competition and growth going ahead

Kansai Nerolac Paints on Monday reported a 36.51% increase in its consolidated net profit to Rs 152.05 crore for the first quarter ended June 30, 2022. The company had posted a net profit of Rs 111.38 crore in the April-June period a year ago, Kansai Nerolac said in a BSE filing. Its revenue from operations rose 46.23% to Rs 2,051.37 crore from Rs 1,402.76 crore in the year-ago quarter. Kansai Nerolac Paints Managing Director Anuj Jain said, "This quarter saw a healthy demand for both Decorative and Industrial Paints. There has been a revival in demand in Industrial led by increased demand in Automotive due to the gradual easing of the chip shortages." Watch for more details.
#ETNow #KansaiNerolacPaints #economynews 

Subscribe To ET Now For Latest Updates On Stocks, Business News, Trading, Crypto Updates | https://bit.ly/SubscribeToETNow

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Subscribe Now To Our Network Channels:-
Times Now: https://bit.ly/SubscribeToTimesNow
Mirror Now: https://bit.ly/SubscribeToMirrorNow

Demand Has Been Reasonably Good Across Segments in Q1 | Anuj Jain, Kansai Nerolac Paints | ET Now

Kansai Nerolac Rockets 19% on Stellar Q1 Show: Key Factors Boosting Growth

Kansai Nerolac Paints consolidated net profit rises 37.01% in the June 2022 quarter

Kansai Nerolac Paints Ltd., incorporated in the year 1920, is a Large Cap company (having a market cap of Rs 21556.79 Crore) operating in Building Materials sector.

Hold Kansai Nerolac Paints, target price Rs 415: ICICI Securities

Kansai Nerolac: Weakest Among Peers; Pain Seems Priced In

This recognition further reinforces the company’s commitment towards nurturing a beautiful and healthy world for future generations.

Kansai Nerolac placed as a Leader in CRISIL’s Sustainability Yearbook; stock zooms ~3%

Shareholders of Faze Three, Aurobindo Pharma, INEOS Styrolution India, Pearl Global Industries, India Motor Parts and Accessories, Kansai Nerolac Paints, Welspun Corp, Craftsman Automation, Elecon Engineering Company, Asian Paints and Shree Digvijay Cement Company should keep an eye next week as the…

Dividend stocks to watch: These 11 stocks shall turn ex-dividend next week

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

Kansai Nerolac Paints Ltd

Kansai Nerolac Paints Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Kansai Nerolac Q1 Review - Above Expected: IDBI Capital

Kansai Nerolac zooms 34% in 3 days on strong Q1 operational performance

Why investors are excited about Kansai Nerolac

Anuj Jain on Kansai Nerolac results, competition and growth going ahead

News Video

Demand Has Been Reasonably Good Across Segments in Q1 | Anuj Jain, Kansai Nerolac Paints | ET Now

Kansai Nerolac Rockets 19% on Stellar Q1 Show: Key Factors Boosting Growth

Kansai Nerolac Paints consolidated net profit rises 37.01% in the June 2022 quarter

Hold Kansai Nerolac Paints, target price Rs 415: ICICI Securities

Kansai Nerolac: Weakest Among Peers; Pain Seems Priced In

Kansai Nerolac placed as a Leader in CRISIL’s Sustainability Yearbook; stock zooms ~3%

Kansai Nerolac Paints Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Kansai Nerolac Q1 Review - Above Expected: IDBI Capital

Kansai Nerolac zooms 34% in 3 days on strong Q1 operational performance

Why investors are excited about Kansai Nerolac

Anuj Jain on Kansai Nerolac results, competition and growth going ahead

News Video

Demand Has Been Reasonably Good Across Segments in Q1 | Anuj Jain, Kansai Nerolac Paints | ET Now

Kansai Nerolac Rockets 19% on Stellar Q1 Show: Key Factors Boosting Growth

Kansai Nerolac Paints consolidated net profit rises 37.01% in the June 2022 quarter

Hold Kansai Nerolac Paints, target price Rs 415: ICICI Securities

Kansai Nerolac: Weakest Among Peers; Pain Seems Priced In

Kansai Nerolac placed as a Leader in CRISIL’s Sustainability Yearbook; stock zooms ~3%

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock