BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
IDBI Capital Report
Asian Paints Ltd. reported above expected result driven by 33% volume growth in decorative coatings followed by double digit revenue growth in both home improvement business and international market.
Festive demand and resurgence of construction activity has contributed towards strong revenue growth.
Deflationary raw material cost supported seventh consecutive quarter of gross margin expansion. Foray into Home Decor is tracking well.
The company guides to double the count of stores which are offering Home Decor solution in next two years.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
