Asian Paints Ltd (ASPN.NS)
26 Aug 2016
July 28 Indian shares edged higher for a second consecutive session on Thursday as improved corporate earnings from companies such as Bharti Airtel lifted sentiment, but broader gains were capped ahead of expiry of monthly derivatives contracts.
** Asian Paints Ltd jumps as much as 8.1 pct to a record high
** Asian Paints Ltd skids as much as 1.7 pct, down for the second session after touching a record high of 1,037.45 on Tuesday, but technical indicators show the momentum remains robust
** Shares of Asian Paints gain as much as 3.56 pct to a record high of 1,019.90 rupees
** Asian Paints Ltd falls as much as 2.4 pct to near 3-week low
** Nomura downgrades to "neutral" from "buy", cuts PT to 798 rupees from 870 rupees