Search result for 'material price inflation'

Benchmark stock indices Sensex and Nifty closed flat on Monday as FII selling, weak Q2 results, and global market trends dented investor sentiment. Asian Paints tumbled over 8% after reporting a...

Indian stock markets closed flat on Monday as foreign fund outflows, disappointing earnings, and weak Asian markets weighed on sentiment. Sensex gained 9.83 points while Nifty dipped 6.90 points.

Asian Paints shares tumbled over 9% on Monday after the firm reported a 43.71% decline in consolidated net profit for the September quarter. The company attributed the decline to weak demand...

Indian stock markets declined in early trade due to continuous foreign fund outflows, disappointing earnings, and weak Asian markets. Sensex fell by 484.98 points, Nifty by 143.6 points.

Asian Paints reported a 43.7% decline in Q2 profit to Rs 693.7 cr, impacted by weak demand, material price inflation, and a decline in decorative and coatings business. Read more.

Asian Paints's net profit for the June quarter declined 24.64% to Rs 1,186.79 crore due to a slowdown in demand caused by heatwave and elections.