ASHWIN S DANI
Stocks in news: Quick Heal, Infosys, Wipro, Adani Green, SBI Life, Uno Minda, Emami
American venture capital firm Sequoia Capital has exited Quick Heal Technologies Ltd, by selling its entire 3.4% stake in the company through the open market on Thursday.
Asian Paints' Ashwin Suryakant Dani passes away
Ashwin Dani, former vice chairman and managing director of Asian Paints, India's largest paints company, has passed away at the age of 79. Dani played a crucial role in the company's rise to become the country's leading paints manufacturer. He introduced the first computerized color mixing program in India, which solidified Asian Paints' position as the market leader. Under his leadership, the company expanded into multiple markets and its stock grew over tenfold.
Ashwin Dani of Asian Paints: A billionaire who found his real wealth in Iyengar Yoga
It was a slipped disc that took him to Iyengar's classes in Mumbai in 1980. He felt magical improvement when physiotherapy had offered him little relief and became a lifelong follower of Iyengar. With regular practice of Iyengar Yoga, he got 75% relief and never had to see a physiotherapist again.
Asian Paints co-founder Ashwin Suryakant Dani passes away
Ashwin Suryakant Dani, Co-founder and Non-Executive Director of Asian Paints, has passed away at the age of 81. He was a prominent Indian businessman and played a key role in the growth of Asian Paints, the largest paint company in India. Dani served as the Vice Chairman and Managing Director of the company from 1998 to 2009 and continued as a Non-Executive Director and Vice Chairman of the board thereafter.
Buy Havells India, target price Rs 1274: ICICI Direct
Havells India, incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 78971.55 Crore) operating in Consumer Durables sector.
Accumulate Asian Paints, target price Rs 3360: Prabhudas Lilladher
Prabhudas Lilladher has upgraded its EPS estimates for Asian Paints due to the strong demand outlook and higher EBITDA margins in FY24/25. The report cited a 16% increase in volumes during 4Q23, along with stable product pricing and benign raw material costs as drivers of margin expansion.
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Buy Havells India, target price Rs 1225.5 : ICICI Direct
Price breakout above a falling supply line joining highs since December 2022 signalling resumption of the up move.
Reduce Asian Paints, target price Rs 2650: ICICI Securities
Asian Paints, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 271740.73 Crore) operating in Building Materials sector.
2023 M3M Hurun Global Rich List: Indian billionaires richest against their global peers in these 5 sectors
India is also home to the richest aviation billionaires, with a wealth of $3.6 billion and $3.3 billion, Rakesh Gangwal and Rahul Bhatia and family of Indigo Airlines are the wealthiest aviation billionaires.
Buy Asian Paints, target price Rs 3260: Anand Rathi
Asian Paints, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 271774.31 Crore) operating in Building Materials sector.
Reduce Asian Paints, target price Rs 2650: ICICI Securities
Asian Paints, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 271146.03 Crore) operating in Building Materials sector.
Buy Havells India, target price Rs 1229: ICICI Direct
Promoters held 59.45 per cent stake in the company as of 31-Dec-2022, while FIIs owned 22.6 per cent, DIIs 10.27 per cent.
Buy Havells India, target price Rs 1550: ICICI Securities
Havells India, incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 75140.45 Crore) operating in Consumer Durables sector.
Buy Havells India, target price Rs 1447: Prabhudas Lilladher
Promoters held 59.45 per cent stake in the company as of 31-Dec-2022, while FIIs owned 22.6 per cent, DIIs 10.27 per cent.
Buy Asian Paints, target price Rs 3300: Sharekhan by BNP Paribas
The brokerage has revised downwards its earnings estimates by 1%/3%/4% for FY2023E/24E/25E to factor in lower-than-earlier expected sales volumes and OPM.
Buy Havells India, target price Rs 1236: ICICI Direct
Buying demand emerging from the rising demand line joining last onemonths lows and 50 days EMA signalling strength.
Buy Asian Paints, target price Rs 2900: Shrikant Chouhan
Rounding bottom chart on daily charts suggests the counter is gaining traction for a fresh-up move.
Buy Havells India, target price Rs 1550: ICICI Securities
Nevertheless, it slashes earnings estimates to factor in muted consumer demand and subdued 9MFY23 performance.
Hold Asian Paints, target price Rs 2900: ICICI Securities
Lower-than-expected urban recovery and potential execution challenges in new categories are key risks.
Accumulate Asian Paints, target price Rs 3326: Prabhudas Lilladher
The brokerage expects Gross Margins to improve 190bps QoQ/80bps YoY due to flow through of earlier price hikes.
Buy Havells India, target price Rs 1170 : Axis Securities
Havells India, incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 71970.11 Crore) operating in Consumer Durables sector.
Buy Asian Paints, target price Rs 3850: Prabhudas Lilladher
Promoters held 52.63 per cent stake in the company as of 30-Sep-2022, while FIIs owned 18.51 per cent, DIIs 8.67 per cent.
Buy Havells India, target price Rs 1550: ICICI Securities
Havells India, incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 72524.57 Crore) operating in Consumer Durables sector.
Buy Asian Paints, target price Rs 3460: ICICI Direct
Asian Paints, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 300713.30 Crore) operating in Building Materials sector.
Buy Asian Paints, target price Rs 3740: ICICI Direct
For the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 8705.91 crore, up 9.19 per cent from last quarter total income of Rs 7973.06 crore and up 53.41 per cent from last year same quarter total income of Rs 5674.97 crore.
Paddler Mudit Dani serves it right on Instagram
From Bindra to Paes, the 21-year-old US Open bronze medallist has been hosting some of the biggest Indian sports stars on his social media show.
Jalaj Ashwin Dani quits Asian Paints to start own business
Jalaj Dani, second-generation scion of one of the founding families, played a leading role in building one of India’s most valuable private sector companies.
A high-profile wedding reception for Hemendra Kothari's daughter Aditi
Aditi tied the knot with Vikram Desai in April but the couple will have a grand reception in Mumbai and Jaipur.
India Inc hopes Arun Jaitley will put the economy back on track
Arun Jaitley, they feel, faces the biggest challenge in putting the economy back on track.
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