Asian Paints Limited (NSE: ASIANPAINT)
Market Cap | 2.19T |
Revenue (ttm) | 347.78B |
Net Income (ttm) | 45.69B |
Shares Out | 959.20M |
EPS (ttm) | 47.65 |
PE Ratio | 47.90 |
Forward PE | 47.30 |
Dividend | 32.40 (1.42%) |
Ex-Dividend Date | Nov 19, 2024 |
Volume | 1,719,245 |
Open | 2,297.00 |
Previous Close | 2,291.85 |
Day's Range | 2,276.00 - 2,318.00 |
52-Week Range | 2,265.35 - 3,422.95 |
Beta | 0.34 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Jan 16, 2025 |
About Asian Paints
Asian Paints Limited, together with its subsidiaries, engages in the manufacturing, selling, and distribution of paints, coatings, and products related to home decoration and bath fittings in Asia, the Middle East, Africa, and the South Pacific region. The company offers wall coverings; textures painting aids; waterproofing products; wall stickers; mechanized tools; adhesives; modular kitchens and wardrobes; bath fittings and sanitaryware; decorative lighting products; fabrics, furniture, furnishings, and rugs; and unplasticized polyvinyl chlor... [Read more]
Financial Performance
In 2023, Asian Paints's revenue was 354.38 billion, an increase of 2.93% compared to the previous year's 344.30 billion. Earnings were 54.60 billion, an increase of 32.97%.
Financial StatementsNews
Nifty 50 top losers today on December 19: Bajaj Finserv, Asian Paints, JSW Steel and more
Indian benchmark indices continued their downward trajectory on December 19, marking the fourth consecutive session of losses. The Sensex dropped by 964.15 points, or 1.20%, closing at 79,218.05, whil...
Asian Paints shares drops 2% after senior executives resign
Asian Paints’ shares fell by 2% following the resignation of two senior executives, Shyam Swamy and Vishu Goel, citing personal reasons. Swamy, Vice President of Home Improvement, Décor, Services, and...
Nuvama prefers Berger and Indigo Paints over Asian Paints amid urban slowdown
Nuvama has highlighted a preference for Berger Paints and Indigo Paints, maintaining ‘Buy’ ratings on both, while expressing caution on Asian Paints.
Macquarie on Titan, ITC, Marico, D-Mart, Nykaa, and Asian Paints: Highlights risks and top picks in consumer and lifestyle
Macquarie has provided its outlook on the Indian consumer and lifestyle sector, identifying risks, trends, and its top stock preferences in the space. Key Insights: Top Picks in the Sector: Titan rema...
Nifty 50 top gainers today on 26 November: Shriram Finance, Britannia Industries and Asian Paints lead the rally
The Indian equity markets closed on a muted note on November 26, with the Nifty ending below the 24,200 mark after a volatile trading session. The BSE Sensex declined by 105.79 points or 0.13 percent ...
Stock market news: Britannia ,Asian Paints and Apollo Hospitals among Nifty 50 top losers this week
Indian equity markets have been on a downward spiral, with the benchmark indices Sensex and Nifty 50 marking their sixth consecutive session of losses on Thursday, November 14, 2024. The Sensex closed...
Asian Paints’ market cap declines by Rs 5,694 crore as stock falls 2.39%
Asian Paints Limited’s stock declined by 2.39% on November 12, 2024, reaching Rs 2,482.30 from its previous close of Rs 2,543.10. This drop resulted in a reduction of the company’s market capitalizati...
Asian Paints shares drop nearly 2% as company faces volume decline amid high competition
Shares of India’s largest paint manufacturer, Asian Paints Ltd., fell xyz% on Monday following the company’s disappointing quarterly results. In its post-earnings call on November 11, the management h...
Stock market today: Sensex over 150 points, Nifty at 24,200
Indian equity markets rose on Tuesday, with the BSE Sensex and Nifty50 gaining ground after a cautious start to the week. Strong investor interest in companies like Tata Motors and Asian Paints contri...
Morgan Stanley maintains ‘Equal-weight’ rating on Asian Paints, cuts target price to Rs 2,358, expecting 7% downside
Morgan Stanley has reiterated its ‘Equal-weight’ rating on Asian Paints, lowering the target price to ₹2,358, suggesting a potential 7% downside from the current market price (CMP) of ₹2,547.80. Key i...
Nomura maintains ‘Neutral’ rating on Asian Paints with target price of Rs 2,500
Nomura has reiterated its ‘Neutral’ rating on Asian Paints, setting a target price of ₹2,500, which is near the current market price (CMP) of ₹2,547.80. Key takeaways from the recent conference call i...
Nifty 50 top losers on 11 November: Asian Paints, Britannia, Apollo Hospitals and more
The Indian stock markets concluded Monday’s session on a mixed note, with minimal movement amid a volatile trading day. The BSE Sensex, India’s primary equity index, closed at 9.83 points (0.01%) to s...
Sensex drops 400 points, Nifty opens below 24,100
Indian stock markets opened higher on Monday, driven by gains in Tata Motors and Asian Paints, but traded with caution ahead of key corporate earnings reports. Despite the initial surge, technical ind...
Asian Paints shares fall 7% on weak Q2 results, volumes decline 0.5% vs expected growth of 6-8%
Asian Paints shares fell xyz% following company’s announcement of its Q2 FY25 financial results, reporting a minor quarter-over-quarter (QoQ) rise in revenue but a year-over-year (YoY) decline, impact...
Asian Paints share price: Buy, sell, or hold? Here’s what brokerages are saying
Asian Paints’ recent performance has led to cautious reviews from major brokerages, with issues ranging from weaker consumer sentiment to rising operational costs. Here’s a summary of key ratings and ...
Jefferies maintains ‘Underperform’ rating on Asian Paints with 24% downside from CMP
Jefferies has reiterated its ‘Underperform’ rating on Asian Paints, setting a target price of ₹2,100 per share, indicating a potential 24% downside from the current market price (CMP) of ₹2,767. The b...
JPMorgan downgrades Asian Paints to ‘Underweight’, cuts target price to Rs 2,400
JPMorgan has downgraded Asian Paints to ‘Underweight’ and reduced its target price from ₹2,800 to ₹2,400 per share, indicating a potential 13% downside from the current market price (CMP) of ₹2,767. T...
Nomura maintains ‘Neutral’ rating on Asian Paints with 10% downside from current stock price
Nomura has reiterated its ‘Neutral’ rating on Asian Paints, setting a target price of ₹2,500 per share, indicating a potential 10% downside from the current market price (CMP) of ₹2,767. The brokerage...
CLSA maintains ‘Underperform’ rating on Asian Paints with 17% downside from current share price
CLSA has reiterated its ‘Underperform’ rating on Asian Paints, setting a target price of ₹2,290 per share, 17% potential downside from the current market price (CMP) of ₹2,767. The brokerage firm high...
Stocks to watch today: Divi’s Laboratories, JSW Steel, LIC, Biocon in focus; Asian Paints, Tata Motors, Aurobindo Pharma, Ola Electric under pressure
In today’s market action, key stocks to watch include Divi’s Laboratories, which reported better-than-expected results, and JSW Steel, which has been chosen as the preferred bidder for new coal blocks...
Asian Paints’ market cap fell ₹13,283.14 crore this week – Know More
Asian Paints experienced a market cap decrease of ₹13,283.14 crore, bringing its total market cap to ₹2,52,224.86 crore as of Friday’s close. The last traded share price on Friday was ₹2,769.45, refle...
Asian Paints announces interim dividend of Rs 4.25 per share
Asian Paints has declared an interim dividend of Rs. 4.25 per equity share (with a face value of Re. 1 each) for the financial year ending 31st March 2025. The record date to determine shareholder eli...
Asian Paints Q2 FY25: Volumes decline by 0.5%
Asian Paints reported its Q2 FY25 financial results, revealing a 0.5% decline in volumes compared to the anticipated growth of 5-6%. This decline reflects weak consumer sentiment due to adverse weathe...
Asian Paints Q2 FY25 Results: Revenue down 5.3% to Rs 8,027.54 crore, Net Profit down 43.7% YoY
Asian Paints has reported its Q2 FY25 financial results, showing a slight increase in revenue quarter-over-quarter (QoQ) but a modest decline year-over-year (YoY). The company’s revenue from operation...
Q2 FY25 Results Today: Asian Paints, Divis Labs, HBL Power Decline; Krishna Institute, Tinna Rubber Gain and more
The stock market showed varied responses to the Q2 FY25 earnings results of several prominent companies, with some stocks witnessing gains, while others saw declines by market close. Here’s a look at ...