INSUBCONTINENT EXCLUSIVE:
Dharmesh Shah of ICICI Direct has a buy call on Kansai Nerolac Paints Ltd
with a target price of Rs 556.0
The current price of Kansai Nerolac Paints Ltd
Dharmesh Shah recommended to keep a stoploss at Rs 505
Kansai Nerolac Paints Ltd., incorporated in the year 1920, is a Large Cap company (having a market cap of Rs 28031.91 Crore) operating in
Building Materials sector
Kansai Nerolac Paints Ltd
key Products/Revenue Segments include Paints which contributed Rs 5138.86 Crore to Sales Value (99.32 % of Total Sales), Other Operating
Revenue which contributed Rs 17.70 Crore to Sales Value (0.34 % of Total Sales) and Scrap which contributed Rs 17.06 Crore to Sales Value
(0.32 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 1319.57 Crore, down -13.94 % from last quarter Sales
of Rs 1533.30 Crore and down -2.79 % from last year same quarter Sales of Rs 1357.48 Crore Company has reported net profit after tax of Rs
189.92 Crore in latest quarter
Mr.P P Shah, Ms.Sonia Singh
LLP as its auditoRs As on 31-12-2019, the company has a total of 538,919,720 shares outstanding.