EID Parry (India) Ltd, Craftsman Automation Ltd, K P R Mill Ltd and Radico Khaitan Ltd are among the other gainers in the BSE's 'A' group today, 18 December 2024.Akzo Nobel India Ltd surged 6.56% to Rs 3702 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 15556 shares were traded on the counter so far as against the average daily volumes of 1220 shares in the past one month. EID Parry (India) Ltd soared 6.15% to Rs 983.5. The stock was the second biggest gainer in 'A' group. On the BSE, 91461 shares were traded on the counter so far as against the average daily volumes of 30951 shares in the past one month. Craftsman Automation Ltd spiked 4.81% to Rs 5353. The stock was the third biggest gainer in 'A' group. On the BSE, 3694 shares were traded on the counter so far as against the average daily volumes of 1793 shares in the past one month. K P R Mill Ltd gained 3.81% to Rs 1114.35. The stock was the fourth biggest gainer in 'A' group. On the BSE, 22253 shares were traded on the counter so far as against the average daily volumes of 16485 shares in the past one month. Radico Khaitan Ltd rose 3.71% to Rs 2547.15. The stock was the fifth biggest gainer in 'A' group. On the BSE, 23666 shares were traded on the counter so far as against the average daily volumes of 10337 shares in the past one month. Powered by Capital Market - Live

Shoppers Stop Ltd, Coromandel International Ltd, Jyoti CNC Automation Ltd, EID Parry (India) Ltd are among the other stocks to see a surge in volumes on BSE today, 18 December 2024.Akzo Nobel India Ltd clocked volume of 15080 shares by 10:46 IST on BSE, a 12.32 times surge over two-week average daily volume of 1224 shares. The stock gained 5.35% to Rs.3,659.90. Volumes stood at 513 shares in the last session.Shoppers Stop Ltd recorded volume of 18206 shares by 10:46 IST on BSE, a 6.47 times surge over two-week average daily volume of 2816 shares. The stock gained 3.57% to Rs.649.00. Volumes stood at 5534 shares in the last session.Coromandel International Ltd registered volume of 84073 shares by 10:46 IST on BSE, a 6.09 fold spurt over two-week average daily volume of 13798 shares. The stock rose 0.79% to Rs.1,830.55. Volumes stood at 68119 shares in the last session.Jyoti CNC Automation Ltd notched up volume of 81858 shares by 10:46 IST on BSE, a 4.44 fold spurt over two-week average daily volume of 18444 shares. The stock slipped 2.65% to Rs.1,402.30. Volumes stood at 54808 shares in the last session.EID Parry (India) Ltd saw volume of 69657 shares by 10:46 IST on BSE, a 2.87 fold spurt over two-week average daily volume of 24305 shares. The stock increased 6.31% to Rs.985.00. Volumes stood at 31134 shares in the last session.Powered by Capital Market - Live

'As part of the GST audit, a show cause notice u/s 73 of CGST ACT/Rules, 2017 has been received by the company mentioning disallowance of ITC and tax due for the period from April 2020 to March 2021, aggregating to Rs 44,48,65,290. The total liability of Rs 44.48 crore includes tax of Rs 23.94 crore; interest of Rs 15.75 crore; and penalty of Rs 4.78 crore. The paint manufacturer said that this notice is open for further submissions before the relevant authorities, and it is in the process of responding to the same within the stipulated time as mentioned therein. Akzo Nobel India is a leading paints and coatings company and maker of Dulux Paints. The company's consolidated net profit rose 3.9% to Rs 97.90 crore on a 2.7% increase in net sales to Rs 982.30 crore in Q2 FY25 over Q2 FY24. The scrip jumped 4.49% to Rs 3,767.85 on the BSE.Powered by Capital Market - Live

Akzo Nobel India has fixed 20 November 2024 as record date for interim dividend of Rs 70 per share for FY 2025. Powered by Capital Market - Live

Akzo Nobel India announced that the Board of Directors of the Company at its meeting held on 7 November 2024, inter alia, have recommended the interim dividend of Rs 70 per equity Share (i.e. 700%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Akzo Nobel India rose 3.93% to Rs 97.90 crore in the quarter ended September 2024 as against Rs 94.20 crore during the previous quarter ended September 2023. Sales rose 2.72% to Rs 982.30 crore in the quarter ended September 2024 as against Rs 956.30 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales982.30956.30 3 OPM %15.2114.83 - PBDT157.00148.00 6 PBT131.80126.90 4 NP97.9094.20 4 Powered by Capital Market - Live

Akzo Nobel India will hold a meeting of the Board of Directors of the Company on 7 November 2024.Powered by Capital Market - Live

Akzo Nobel NV (ultimate holding company of Akzo Nobel India) is conducting a strategic review of its portfolio in order to redeploy capital towards growing its core coatings businesses. The initial focus will be on its decorative paints positions in South Asia. AkzoNobel has a premium, highly profitable position in India in particular, with a strong track record of growth. Given this unique market position, the company is well-placed to participate in the further development of the highly dynamic South Asian decorative paints market, which is ripe for consolidation. The review will explore various strategic options ranging from partnerships or joint ventures through to mergers or divestments.Powered by Capital Market - Live

The firm stated that the capacity can be expanded on the basis future demand. Further, this commercial production is aimed at supporting capacity expansion considering the service level need of the powder coating market demand of the company mainly in North and Eastern India. An amount of Rs 105 crore is the investment of the company towards the aforesaid, and the same has been funded through internal accruals. Akzo Nobel India is a leading paints and coatings company and maker of Dulux Paints. The company's consolidated net profit rose 4.3% to Rs 114.60 crore on 3.7% increase in net sales to Rs 1,036.30 crore in Q1 FY25 over Q1 FY24. The scrip gained 3.46% to close at Rs 3,686.80 on Thursday, 5 September 2024. Powered by Capital Market - Live