Crown Paints was last week’s top price gainer at the Nairobi Securities Exchange (NSE). The company, which has since recovered from a loss-making 2023, saw its net earnings hit KSh 543,688,000 at the end of December 2024 up from a loss of KSh 29,130,000 in 2023.
Crown Paints has a market capitalization of KSh 8.11 billion. Its share price climbed 15.4% to close the week at KSh 57.00. The counter has recorded a year-to date appreciation of 73.3%, earnings per share of KSh 6.36, price to earnings ratio of 8.96 and dividend yield of 5.26%.
Some of its top individual shareholders include Crown Paints and Building Products with 68,924,730 shares or 48.42%, respectively, Beaumont Properties Limited 22.42%, Patel Mahendra Dahyabhai 0.47%, Ogango John Okuna 520,500 shares or 0.37%, Shah Minesh Mulchand 479,480 shares or 0.34%, Zaverchand Punja Warehouses Ltd 0.30%, Shah Bijal Mulchand 229,624 shares or 0.16%, Shah Savitaben Velji Raichand 205,050 shares or 0.14%, Assi Santokh Singh 186,640 shares or 0.13% Shah Sarojben Prafulkumar Hemraj 164,040( 0.12%) and Shah Nishitkumar Ramniklal with 159,900 shares or 0.11% ownership.
Others are Ali Mohamed Adam 126,060 shares, 0.09%, Thawer Abdulrasul Ismail 110,550 shares or 0.08% Kungu Peter Mwaura owns 100,200 shares or 0.07%, Shah Prafulkumar Hemraj 99,880 shares or 0.07%, Sanjay Gulabsi Bhatia & Mrs Hemanti Sanjay Bhatia 99,000 shares or 0.07%, Paresh P Upadhyay & Hasmukh A Joshi 89,100 shares or 0.06%, Sureshchandra Raichand Shah 83,127 shares or 0.06% and Muchinyi Silvester with 69,600 shares or 0.05%.
When trading ended at the NSE last week, Activity rose to US$ 42.6 Million, with KCB emerging as the weekly top mover with a 6% price gain to KSh 57.00. it had a turnover of US$ 23.1million was followed by Safaricom with a turnover of US$4.9m, StanChart (US$ 4.7m), Equity US$ 1.9m and DTB(us$1.1m).
> Company that Listed on the NSE 2 Months Ago Issues Profit Warning
Leave a comment