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Kansai Nerolac Paints Ltd (KANE.NS)

KANE.NS on National Stock Exchange of India

481.50INR
5:41am BST
Change (% chg)

Rs8.50 (+1.80%)
Prev Close
Rs473.00
Open
Rs471.10
Day's High
Rs481.70
Day's Low
Rs466.40
Volume
93,400
Avg. Vol
220,161
52-wk High
Rs523.90
52-wk Low
Rs343.00

Latest Key Developments (Source: Significant Developments)

India's Kansai Nerolac Paints June Qtr Profit Rises
Monday, 29 Jul 2019 

July 29 (Reuters) - Kansai Nerolac Paints Ltd ::JUNE QUARTER PROFIT 1.48 BILLION RUPEES VERSUS PROFIT OF 1.40 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER PROFIT WAS 1.27 BILLION RUPEES.JUNE QUARTER TOTAL REVENUE FROM OPERATIONS 14.63 BILLION RUPEES VERSUS 13.76 BILLION RUPEES LAST YEAR.IN INDUSTRIAL SEGMENT CO STILL SEEKS TO GET PRICE INCREASE TO COMPENSATE FOR OVERALL INFLATION.EXPECTS DEMAND IN DECORATIVE SEGMENT TO REMAIN BUOYANT BUT EXPECTS CHALLENGES OF DEMAND TO CONTINUE.GOOD DOUBLE-DIGIT VOLUME, VALUE GROWTH IN DECORATIVE SEGMENT HELPED OFFSET EFFECT OF UNPRECEDENTED SLOW-DOWN IN AUTO SECTOR.SHARES UP 5.3% IN AFTERNOON TRADE.  Full Article

India's Kansai Nerolac Paints March-Qtr Profit Falls
Thursday, 2 May 2019 

May 2 (Reuters) - Kansai Nerolac Paints Ltd ::MARCH QUARTER PROFIT 928.2 MILLION RUPEES VERSUS PROFIT OF 1.06 BILLION RUPEES LAST YEAR.MARCH QUARTER INCOME FROM OPERATIONS 11.42 BILLION RUPEES VERSUS 10.98 BILLION RUPEES LAST YEAR.RECOMMENDED DIVIDEND OF 2.60 RUPEES PER SHARE.GRANTED IN-PRINCIPLE APPROVAL FOR MERGER OF UNITS MARPOL AND PERMA CONSTRUCTION AIDS.EXPECTS GROWTH MOMENTUM TO BE SUBDUED FOR THE IMMEDIATE FUTURE.  Full Article

Kansai Nerolac Paints Completes Acquisition Of Perma Construction Aids
Wednesday, 10 Apr 2019 

April 10 (Reuters) - Kansai Nerolac Paints Ltd ::COMPLETED ACQUISITION OF PERMA CONSTRUCTION AIDS.  Full Article

India's Kansai Nerolac Paints Dec-Qtr Profit Falls
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Kansai Nerolac Paints Ltd ::DEC QUARTER PROFIT 1.13 BILLION RUPEES VERSUS PROFIT OF 1.25 BILLION RUPEES LAST YEAR.DEC QUARTER INCOME FROM OPERATIONS 13.44 BILLION RUPEES VERSUS 11.39 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 1.24 BILLION RUPEES.  Full Article

Kansai Nerolac Paints Enters SPA To Buy Stake In Perma Construction Aids
Thursday, 27 Dec 2018 

Dec 27 (Reuters) - Kansai Nerolac Paints Ltd ::SAYS CO ENTERED INTO SHARE PURCHASE AGREEMENT TO ACQUIRE 100 PERCENT EQUITY STAKE IN PERMA CONSTRUCTION AIDS.TOTAL CONSIDERATION FOR SPA IS 291 MILLION RUPEES.  Full Article

India's Kansai Nerolac Paints Dec-Qtr Profit Up Marginally
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Kansai Nerolac Paints Ltd ::DEC QUARTER PROFIT 1.25 BILLION RUPEES VERSUS PROFIT OF 1.24 BILLION RUPEES LAST YEAR.DEC QUARTER INCOME FROM OPERATIONS 11.39 BILLION RUPEES VERSUS 11.40 BILLION RUPEES LAST YEAR.  Full Article

Kansai Nerolac Paints Increases Capacity In Proposed Manufacturing Unit In Punjab
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Kansai Nerolac Paints Ltd ::EXPANDING PAINT MANUFACTURING UNIT IN PUNJAB .CAPACITY OF PROPOSED MANUFACTURING UNIT AT GOINDWAL SAHIB NEAR AMRITSAR REVISED TO 52800 KL PER YEAR FROM 36000 KL.SAYS BUDGETED COST OF PROJECT INCREASED TO 2.17 BILLION RUPEES.  Full Article

India's Kansai Nerolac Paints Sept-qtr profit rises 2.7 pct
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Kansai Nerolac Paints Ltd :Sept quarter profit 1.45 billion rupees versus profit of 1.39 billion rupees last year.Consensus forecast for sept quarter profit was 1.47 billion rupees.Sept quarter net sales 11.62 billion rupees versus 11.32 billion rupees last year.Says destocking due to GST, preponement of sales due to early diwali were visible‍​ this quarter.  Full Article