Kansai Nerolac Paints Ltd (KANSAINER)
₹280.35▲0.16%
Kansai Nerolac Paints Ltd share Performance
- ₹279.3₹283₹280.35
0.37%
Low
Day's Volatility:1.32%
High
0.95%
- ₹250.37₹357.3₹280.35
10.69%
Low
52 Weeks Volatility:38.14%
High
27.45%
| Returns % | |
| 1 Month Return | 2.94 % |
| 3 Month Return | -16.63 % |
| 1 Year Return | 10.33 % |
| Market Stats | |
| Previous Close | ₹279.90 |
| Open | ₹283.00 |
| Volume | 1.29L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹22,626.54Cr |
Analyst Rating
based on 18 analysts
Based on 18 analysts offering long term price targets for Kansai Nerolac Paints Ltd. An average target of ₹334.83
Source: S&P Global Market Intelligence
Company Information
Kansai Nerolac Paints Ltd operates in the paint industry, offering a wide range of products for home, industrial and automotive sectors. Their main lines of business include decorative paints, industrial paints and automotive paints. The company also offers a range of services such as colour consultancy, home painting solutions, and paint protection solutions.
Kansai Nerolac Paints Ltd produces a range of top quality products, including interior and exterior wall paints, wood finishes, metal finishes, automotive paints, and protective coatings. Some of the company's popular brands are Nerolac Impression, Nerolac Excel, Nerolac Beauty, and Nerolac Suraksha.
Share Price: ₹280.35 per share as on 29 Apr, 2024 04:01 PM
Market Capitalisation: ₹22,626.54Cr as of today
Revenue: ₹1,918.71Cr as on December 2023 (Q4 23)
Net Profit: ₹152.09Cr as on December 2023 (Q4 23)
Listing date: 25 Jan, 1995
Chairperson Name: Pradip P Shah
| Organisation | Kansai Nerolac Paints Ltd |
| Headquarters | Mumbai |
| Industry | Paints/Varnish |
| E-voting on shares | Click here to vote |
Key events for Kansai Nerolac Paints Ltd
ICICI Securities Warns of Inflationary Impact on Paint Industry - 23 Apr, 2024
ICICI Securities warns that the surge in crude oil prices may have an inflationary impact on the paint industry, leading to reduced advertising budgets and more competitive trade and consumer schemes. ICICI Securities maintains an ADD rating on Kansai Nerolac with a target price of ₹290 per share.
ICICI Securities Warns of Paint Players' Pricing Power Taking a Hit on Rising Crude - 22 Apr, 2024
ICICI Securities warns that rising crude prices may impact the pricing power of paint players, including Kansai Nerolac. They suggest Akzo Nobel, Indigo Paints or Kansai Nerolac for a different approach.
Kansai Nerolac Paints' Low P/E Ratio May Not Be a Buy Signal - 16 Apr, 2024
Kansai Nerolac Paints has a lower P/E ratio than the Indian market average due to negative earnings growth forecasts. While recent performance has been strong, with 187% gain in bottom line and 146% EPS growth over three years, estimates suggest a 34% decline in earnings over the next year. This may cause further drops in the stock's P/E ratio.
ICICI Securities Recommends Add Call on Kansai Nerolac Paints - 04 Apr, 2024
ICICI Securities has recommended an add call on Kansai Nerolac Paints with a target price of Rs 290. The company reported a consolidated total income of Rs 1938.84 crore for the quarter ended December 31, 2023, down -2.01% from the last quarter and up 5.71% from the same quarter last year. Promoters held 224.97% stake in the company as of December 31, 2023, while FIIs owned 12.84%, DIIs 35.52%.
Kansai Nerolac Paints Ltd Recommended for Buying - 31 Mar, 2024
An article recommends buying Kansai Nerolac Paints Ltd at current levels with a target of Rs. 580 over the next 14 sessions, supported by a good increase in volume and breaking above a stiff resistance level of Rs. 520.
Kansai Nerolac Paints' Fundamentals Strong Despite Sliding Stock - 29 Mar, 2024
Despite a sliding stock, Kansai Nerolac Paints has strong fundamentals with an ROE of 22%, net income growth of 16% over the past five years, and a well-covered dividend. However, industry analyst forecasts predict a future earnings shrinkage.
Fundamentals of Kansai Nerolac Paints Ltd
Insights on Kansai Nerolac Paints Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 4.28% to 4.72% in Mar 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 74.99% of holdings in Mar 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Solar Industries India Ltd has given 128.8% return, outperforming this stock by 118.5%
- NO EFFECT
Against Peers
In the last 3 years, Solar Industries India Ltd has given 598.1% return, outperforming this stock by 624.4%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 3 quarters, 738.0 Cr → 154.26 Cr (in ₹), with an average decrease of 44.5% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 years, KANSAINER stock has moved down by -26.3%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 8.89% to 8.68% in Mar 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 2.83K Cr → 1.93K Cr (in ₹), with an average decrease of 16.1% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 3.63% to 3.41% in Mar 2024 quarter
Kansai Nerolac Paints Ltd Valuation
Kansai Nerolac Paints Ltd in the last 5 years
Lowest (29.81x)
March 23, 2020
Today (34.30x)
April 26, 2024
Industry (64.25x)
April 26, 2024
Highest (87.23x)
December 30, 2020
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 74.99% | 0.00 | |
| Foreign Institutions | 4.72% | 0.00 | |
| Mutual Funds | 3.41% | 0.00 | |
| Retail Investors | 8.68% | 0.00 | |
| Others | 8.2% | 0.00 |
Technicals of Kansai Nerolac Paints Ltd share
News & Events of Kansai Nerolac Paints Ltd
Frequently Asked Questions
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Kansai Nerolac Paints Ltd (KANSAINER) share price today is ₹280.35
Kansai Nerolac Paints Ltd is listed on NSE
Kansai Nerolac Paints Ltd is listed on BSE
- Today’s highest price of Kansai Nerolac Paints Ltd is ₹283.
- Today’s lowest price of Kansai Nerolac Paints Ltd is ₹279.3.
PE Ratio of Kansai Nerolac Paints Ltd is 34.3
PE ratio = Kansai Nerolac Paints Ltd Market price per share / Kansai Nerolac Paints Ltd Earnings per share
Today’s traded volume of Kansai Nerolac Paints Ltd(KANSAINER) is 1.29L.
Today’s market capitalisation of Kansai Nerolac Paints Ltd(KANSAINER) is ₹22626.54Cr.
| Kansai Nerolac Paints Ltd(KANSAINER | Price |
|---|---|
52 Week High | ₹357.3 |
52 Week Low | ₹250.37 |
Kansai Nerolac Paints Ltd(KANSAINER) share price is ₹280.35. It is down -21.54% from its 52 Week High price of ₹357.3
Kansai Nerolac Paints Ltd(KANSAINER) share price is ₹280.35. It is up 11.97% from its 52 Week Low price of ₹250.37
| Kansai Nerolac Paints Ltd(KANSAINER | Returns |
|---|---|
1 Day Returns | 0.45% |
1 Month Returns | 2.94% |
3 Month Returns | -16.63% |
1 Year Returns | 10.33% |