Is Kansai Nerolac a good buy?

Is Kansai Nerolac a good buy?

1. Is Kansai Nerolac Paints Ltd a good quality company? Past 10 year’s financial track record analysis by Moneyworks4me indicates that Kansai Nerolac Paints Ltd is a good quality company.

Why Kansai Nerolac share price is falling?

Shares of Kansai Nerolac Paints hit a 52-week low of Rs 468.85, down 3 per cent on the BSE in Wednesday’s intra-day trade due to weak demand. The stock of the paint company fell below its previous low of Rs 470.75 hit on February 14, 2022.

Is Kansai Nerolac Indian company?

KNPL is the Indian subsidiary of Japan based Kansai Paint Co. Ltd. KNPL has 5 factories located at Jainpur (UP) Lote (Maharashtra) Bawal (Haryana) Hosur (Tamil Nadu) and Sayakha (Gujarat). The company has a state-of-the-art R&D facility in Mumbai.

Which paint stock is best?

These are the stocks which came up when we ran the screener for best paint stocks in India.

  • Asian Paints. Asian Paints is one of the most popular and best paint brands in India.
  • Kansai Nerolac.
  • Indigo Paints.
  • Akzo Nobel.

Is Berger Paints a good stock?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Berger Paints India Ltd is a good quality company.

What does Kansai Nerolac do?

Kansai Nerolac Paints Limited (BSE: 500165, NSE: KANSAINER) (formerly known as Goodlass Nerolac Paints Ltd) is the largest industrial paint and third largest decorative paint company of India based in Mumbai. It is a subsidiary of Kansai Paint of Japan.

Which is the No 1 paint company in world?

Sherwin-Williams
1. Sherwin-Williams. Leading the market with nearly $18 billion in revenue in 2019, Sherwin-Williams is the largest paint company in the world. Based in the US, the company is an international paint manufacturer that supplies numerous industries and consumers in over 120 countries.

Is Berger Debt Free?

Carrying virtually no net debt, Berger Paints India has a very light debt load indeed.

What is the best paint in India?

Here is the list of top Paint companies in India which is sorted out based on the total Sales.

  • Asian Paints Ltd.
  • Berger Paints India Ltd.
  • Kansai Nerolac Paints Ltd.
  • Akzo Nobel India Ltd.
  • Indigo Paints.
  • Nippon Paint (India) Private Limited.
  • Shalimar Paints Ltd.
  • Sirca Paints India Ltd.

Is Berger paints a good investment?

On the earnings front, Berger Paints I has an excellent EPS Rank of 94, which indicates consistency in earnings. The earnings and sales for the stock have grown by 12% and 5%, respectively over the past three years. Its 3-years earnings stability is 5, on a 0 to 99 scale (lower the better).

Is Kansai Nerolac (kansainer) trading higher or lower?

KANSAINER is trading in the upper range of yearly prices. KANSAINER is trading in the upper range of the quarterly prices. The session was a bearish session and prices moved within a range of 605.55 and 619.05, with a volume of -72.29% compared to average volume that Kansai Nerolac normally has.

What was the session volume for Kansai Nerolac?

The session was a bearish session and prices moved within a range of 605.55 and 619.05, with a volume of -72.29% compared to average volume that Kansai Nerolac normally has.

What is the target price of Nerolac Paints Ltd?

Kansai Nerolac Paints Ltd., incorporated in the year 1920, is a Large Cap company (having a market cap of Rs 20063.98 Crore) operating in Building Materials sector. 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. NSE -0.56 % with a target price of Rs 540.