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

    Synopsis

    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.

    holdAgencies
    Promoters held 74.99 per cent stake in the company as of 31-Mar-2022, while FIIs owned 3.55 per cent, DIIs 13.21 per cent.
    ICICI Securities hold call on Kansai Nerolac Paints Ltd. with a target price of Rs 415. The current market price of Kansai Nerolac Paints Ltd. is Rs 400.75 Time period given by analyst is one year when Kansai Nerolac Paints Ltd. price can reach defined target.

    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.

    Kansai Nerolac Paints Ltd. key Products/Revenue Segments include Paints, Enamels, Varnishes, Other Operating Revenue and Scrap for the year ending 31-Mar-2021.


    Financials
    For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 1535.63 Crore, down -15.64 % from last quarter Total Income of Rs 1820.31 Crore and up 4.43 % from last year same quarter Total Income of Rs 1470.50 Crore. Company reported net profit after tax of Rs 19.17 Crore in latest quarter.


    Promoter/FII Holdings
    Promoters held 74.99 per cent stake in the company as of 31-Mar-2022, while FIIs owned 3.55 per cent, DIIs 13.21 per cent.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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