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

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

Entry point

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

No Red Flags

The paints manufacturers board of directors on Monday approved a proposal to monetise its idle land parcel that is ’not being put for productive use, the company said in a regulatory filing.

Kansai Nerolac to sell nearly 24-acre Thane plot to House of Hiranandani for Rs 655 cr

Board of Kansai Nerolac Paints approves proposal for sale of land at Thane

Reliance, JK Cement, RVNL, IRCTC, RailTel, IFCI, YES Bank, 3i Infotech, Indian Hotels, Kansai Nerolac, Zydus Lifesciences, NTPC, Lupin, Bank of Maharashtra, Schneider Electric,

Stocks that will see action on December 23, 2022

ICICI Direct recommended hold rating on Kansai Nerolac Paints with a target price of Rs 515 in its research report dated November 03, 2022.

Hold Kansai Nerolac Paints; target of Rs 515: ICICI Direct

Prabhudas Lilladher recommended accumulate rating on Kansai Nerolac Paints with a target price of Rs 563 in its research report dated November 03, 2022.

Accumulate Kansai Nerolac Paints; target of Rs 563: Prabhudas Lilladher

It plans to increase share of voice, premiumise the portfolio, defocus some of the low margin products and expand distribution.

Kansai Nerolac Q2 Review - Focused To Resolve Issues That Led To Underperformance Vs Peers: ICICI Securities

Kansai Nerolac Paints share price today: Kansai Nerolac Paints shares closed 3.49 per cent lower at Rs 349 against the previous close of Rs 483.90 on BSE. Earlier, Kansai Nerolac stock hit an intraday low of Rs 465.10, down 3.89 per cent

Kansai Nerolac stock ends 3% lower after Q2 earnings miss estimates

Kansai Nerolac Paints reported 19% rise in standalone net profit to Rs 117.3 crore on a 19.3% increase in net revenue to Rs 1,814.3 crore in Q2 FY23 over Q2 FY22.

Kansai Nerolac Q2 PAT rises 19% YoY

Kansai Nerolac Consolidated September 2022 Net Sales at Rs 1,930.96 crore, up 19.22% Y-o-Y

Kansai Nerolac Paints consolidated net profit rises 23.43% in the September 2022 quarter

Kansai Nerolac - Revival In Auto Sales, Strong Demand Momentum In Industrial Paints To Lead The Recovery: HDFC Securities

Kansai Nerolac - Strong Demand In Industrial Paints, Auto Sales Revival To Lead The Recovery: HDFC Securities

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 to sell nearly 24-acre Thane plot to House of Hiranandani for Rs 655 cr

Board of Kansai Nerolac Paints approves proposal for sale of land at Thane

Stocks that will see action on December 23, 2022

Hold Kansai Nerolac Paints; target of Rs 515: ICICI Direct

Accumulate Kansai Nerolac Paints; target of Rs 563: Prabhudas Lilladher

Kansai Nerolac Q2 Review - Focused To Resolve Issues That Led To Underperformance Vs Peers: ICICI Securities

Kansai Nerolac stock ends 3% lower after Q2 earnings miss estimates

Kansai Nerolac Q2 PAT rises 19% YoY

Kansai Nerolac Consolidated September 2022 Net Sales at Rs 1,930.96 crore, up 19.22% Y-o-Y

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 to sell nearly 24-acre Thane plot to House of Hiranandani for Rs 655 cr

Board of Kansai Nerolac Paints approves proposal for sale of land at Thane

Stocks that will see action on December 23, 2022

Hold Kansai Nerolac Paints; target of Rs 515: ICICI Direct

Accumulate Kansai Nerolac Paints; target of Rs 563: Prabhudas Lilladher

Kansai Nerolac Q2 Review - Focused To Resolve Issues That Led To Underperformance Vs Peers: ICICI Securities

Kansai Nerolac stock ends 3% lower after Q2 earnings miss estimates

Kansai Nerolac Q2 PAT rises 19% YoY

Kansai Nerolac Consolidated September 2022 Net Sales at Rs 1,930.96 crore, up 19.22% Y-o-Y

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