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Is it the right entry point in Nestle and Asian paints for the long term or should I wait?
Nestle India Ltd one the biggest players in FMCG segment has a presence in milk & nutrition beverages prepared dishes & cooking aids & chocolate & confectionery segments. The company is engaged in the food business.The Indian market was ranked at number 13 in terms of contribution to Nestle's global revenue in 2019.Nestle India on Friday reported 1.37 per cent year-on-year fall in net profit at Rs 587.09 .Revenue of the company increased 10 per cent YoY to Rs 3,541.70 crore.Compoany declared 135% of dividend.Quarter witnessed growth driven by an improved supply situation, as our factories returned to normal output. Boosted by an increase in in‐home consumption, key brands like Maggi noodles, Maggi sauces, Kit Kat, Munch, Nescafe Classic and Nescafe Sunrise witnessed double-digit growth,shares of the company closed 0.30 per cent lower at Rs 15,863.The 52 week high is Rs.18,369 and 52 low is rs.12,200The market cap of the company RS.152944..25 as on23 rd october 2020,The return on equity is 70.27% as compared to last financial year .ROCE is 50.51%.the company has very nominal debt of Rs.53 crores Book value Rs.200.40,EPS is 204.27.Face value of share is Rs. 10.Promoters holding is quite good 62.76% which added advantage fo investment.Company planning to invest 26Brupees to expand its business .Yes securities has raised its target to Rs..18100 for one year.the entry price for Nestle is recommended between Rs.15100 toRs.14600.Wait for market correction.Asian paints Ltd. is in the sector of paints and varnish having market capitalization of Rs.203292.38crores.Promoters held 52.8 per cent stake in the company as of Sept 30, 2020, while FIIs held 19.8 per cent, DIIs 8.2 per cent and public and others 19.2 per cent.The52 week low is Rs1431.20 and 52 week high is rs.2143The company has given handsome return to investors since long time .he appreciation in share price is more visible in every quarter.Company with low debt .Book value per share increasing yoy .For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 5350.23 Crore, up 83.06 % from last quarter Sales of Rs 2922.66 Crore and up 5.93 % from last year same quarter Sales of Rs 5050.66 Crore Company reported net profit after tax of Rs 840.12 Crore in latest quarter.the company has declared interim dividend of Rs.3.50 shareThe brokerage edelweiss retains ‘BUY with a revised Target price of INR 2450.The entry price for asian paint will be aroundRs.2000 to Rs.1950
Will spraying rubbing alcohol on a surface disinfect it the same way that Lysol disinfectant spray would? Why or why not?
Consumer reports once did a study on disinfectants marketed for homes and found only the Clorox disinfectant products had enough active ingredients to actually be effective. They were not talking bleach but the water based disinfecting cleaners.https://www.thecloroxcompany.com/wp-content/uploads/cloroxantibacterialdegreaser-citrusscent-cloroxdesengrasanteantibacterial-fraganciacitricajw2014-08-10.pdfAlcohol will do better than Lysol brand spray. But the old school lysol concentrate works quite well.Due to marketing brand dilution (I hear “show me da money” echoing), just buying a brand name like Lysol or Clorox does not mean you are getting the same product or formulation that is actually effective. Read the fine print and find out what the chemicals actually do.Lysol Disinfectant Concentrate Original Scent, 12oz - Walmart.comThe problem with using rubbing alcohol, while effective, is flammability. Alcohol creates a fire hazard. Also, if you have wood cabinets, alcohol can damage painted surfaces and floors if spilled. (Alcohol is a solvent for many paints and varnishes and can dissolve the surface of many floor coverings like linoleum.)BTW, industrial surface disinfecting cleaners use a higher concentration of antimicrobial chemicals.. The industrial version require wearing gloves when using. You saturate the surface and let stand for ten minutes before wiping off. That’s one reason cleaning a bathroom in a commercial building takes a while. Janitors are trained in the chemical use along with bloodborne pathogen training and immunizations for diseases that can be spread by contact with bodily fluids.If the company is doing things right in communicating hazards and providing training per OSHA the custodial staff isn’t just floor moppers and trash collectors.Sidebar: NAVSHIPS 3000 manual (Cleaning standards for Naval vessels) contains a galley equipment cleaner that is one of the most effective cleaners for stainless steel I ever saw. Even decades after leaving the Navy I make this stuff up for things like bathroom sinks, toaster ovens, and stainless kitchen sinks. The problem is you have to mix it up before each use as it is not shelf stable ad will lose its effectiveness overnight. (alcohol evaporates lowering concentration and peroxide returns to being water. Substituting laundry peroxide like Oxiclean makes the mixture leave a scummy film)Distilled WaterIsopropyl AlcoholNon-Ionic Soap (surfactant… Jet-Dry for a dishwasher is the civilian equivalent)Hydrogen PeroxideTake a spray bottle. 1/3 water, 1/3 alcohol, 1/3 medical peroxide, 4–6 drops non ionic soap.Spray on and let the peroxide boil the goo out of crevices and rivet heads on stainless wall coverings. Wipe off with a cloth wetted with hot water.
What is the size of architectural coatings market?
Global Architectural Coatings Market size is majorly driven by the developments in the construction industry and rising demand for exotic coatings.Increasing number of commercial buildings coming up throughout the globe will propel the market for architectural coatings. With the global shift towards Asia Pacific for commercial spaces, the architectural market size is forecasted to grow significantly from 2016 to 2024.Reconstruction spending coupled with dual income families is also driving the architectural coating market in the U.S. These products are also used in interior decoration such as wood flooring, wall painting, furniture and sculptures. With the enhancing financial and social status of the population of the developed as well as the emerging nations, the demand for architectural coatings is only likely to increase between 2016 and 2024.Request for Table of Contents of Architectural Coatings Market Report@https://www.gminsights.com/request-toc/upcoming/813Increase in environmental awareness has led to innovations to provide quality products in coating industry which are affordable, high quality, possess value added features and meet global trends. Also, growing safety standards will rise the demand for fireproof and waterproof coatings on buildings. This is shifting the global focus towards architectural coatings market.Transportation is a growing application area, which involves coatings for buses, cars, aircraft, rail and ship. They help in preserving the material from corrosion, rusting or other oxidation damage.Architectural coatings market can be segmented based on resin type, technology, and application. Major resin types include acrylic, epoxy and polyester. Acrylics have a fast drying property and find extensive use in the paints industry. Epoxy has a major application in the paints and coatings industry to provide the adhesive nature as well luster in the paints.Key technology segments in architectural coatings market include water based and solvent based and powder coatings. Water and solvent based paints & varnishes accounts for the major chunk of the global share.Asia Pacific architectural coatings market revenue was driven by investments from MNCs such as AkzoNobel, Valspar, Sherwin-Williams, and PPG. These companies have been observed to increase their product portfolios in countries of Asia Pacific as well as parts of Latin America, which is forecast to drive growth.Architectural coating products sale in the European market was very healthy in 2015. Increase in construction and renovation spending in residential as well as commercial sectors throughout Europe is forecast to fuel growth.Browse Architectural Coatings Industry Analysis Report:https://www.gminsights.com/industry-analysis/architectural-coatings-market
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