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Paint maker Akzo Nobel India's Q4 Profit Rises

Paint maker Akzo Nobel India's Q4 Profit Rises May 15 (Reuters) - Paint maker Akzo Nobel India AKZO.NS reported a near 14% rise in its fourth-quarter profit on Thursday, aided by higher sales of its decorative paints. The maker of Dulux paints reported a consolidated net profit of 1.09 billion rupees ($13.1 million) for the quarter ended March 31. Revenue from operations rose 2% to 9.73 billion rupees.

India economic, corporate events on May 16

DIARY- India economic, corporate events on May 16 BENGALURU, May 16 (Reuters) - Diary of India economic, corporate events on May 16. ECONOMIC, CORPORATE .BSE500 EVENTS: Start Date Start Time RIC Company Name Event Name 16-May-2024 17:30 INED.NS Info Edge (India) Ltd Q4 2024 Info Edge (India) Ltd Earnings Release 16-May-2024 17:15 CROP.NS Crompton G

UBS upgrades Akzo Nobel on solid core profit growth prospects

BUZZ-UBS upgrades Akzo Nobel on solid core profit growth prospects ** UBS upgrades its rating on Akzo Nobel AKZO.AS to 'buy' from 'neutral', after the Dutch paints and coatings maker posted a strong core profit growth in Q1, at 19% yoy ** "Our investment case is based on c.11% pa EBITDA growth over the next four years, reflecting a combination of c

Top of the Street: Mondi, Boliden, Akzo Nobel, BAE Systems, Yara

BUZZ-Top of the Street: Mondi, Boliden, Akzo Nobel, BAE Systems, Yara A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** 5-star ranked BofA's analyst Benjamin Heelan downgrades British defence company BAE Systems BAES.L to "neutral" from "buy," seeing limited near-term valuation upside after a "very strong run" ** UBS cuts Boliden BOL.ST to "sell" from "neutral," as the broker flags challenges to metal prices and elevated capex risk for the Swedish smelting

PREVIEW: India's Asian Paints dips ahead of Q4 results

BUZZ-PREVIEW: India's Asian Paints dips ahead of Q4 results ** Asian Paints ASPN.NS edges 0.2% lower ahead of Q4 report ** Analysts expect ASPN to report 9.6% increase in Q4 profit, 3.8% rise in revenue -LSEG data ** Ambit Capital expects vol growth to slow to 6% from 14% year-ago on soft demand but expects price cuts to generate effective rev grow


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