₹3170.35
Overview of Asian Paints Ltd
Today's Timeline - 28 Sep
08:45 AM
-Asian Paints' shares trade at 54 times the FY2025E price-to-earnings ratio, representing only a 4% discount compared to its competitor.
09:48 AM
-Asian Paints opens as one of the top losers among Nifty companies.
12:58 PM
-Shares of Asian Paints traded 3% lower on the NSE due to rising Brent crude prices.
Today's Timeline - 28 Sep
02:49 PM
-Ashwin Dani, non-executive director of Asian Paints, passed away at the age of 79. He significantly expanded the company's global operations and introduced India's first computerized color mixing program.
Asian Paints faces challenges amidst rising Brent crude oil prices causing a 3% drop in share prices, while also mourning the passing of Ashwin Dani, who played a significant role in expanding the company's global operations.
Asian Paints Among Top Losers on Nifty 50 Index - 26 Sep, 2023
On September 26, 2023, Asian Paints Ltd's stock was among the top losers on the Nifty 50 index during Tuesday's trading.
Asian Paints Gains Among Positive Setups - 25 Sep, 2023
Asian Paints Ltd gained on the Indian stock market and was listed as a top wealth creator. Analysts also suggested positive setups for the company.
Asian Paints' Sriperumbudur Plant Recommended for Environment Clearance - 24 Sep, 2023
The SEAC has recommended granting environmental clearance to Asian Paints' Sriperumbudur plant in Tamil Nadu, subject to a bank guarantee of Rs. 8.82 crores for ecological remediation and resource augmentation.
Asian Paints Adds Most to Market Cap - 23 Sep, 2023
No specific news related to Asian Paints Ltd was mentioned, but it was noted that the company added the most to their market-cap.
Asian Paints Gains Despite Selling Pressure - 22 Sep, 2023
Asian Paints Ltd's shares were among the top gainers in the stock market despite selling pressure. The company reported lower profits than NSE but remains a sought-after brand in the house painting segment.
Asian Paints Among Top Gainers Today - 21 Sep, 2023
Asian Paints saw gains throughout the day, ending as one of the top gainers on both the Nifty and Sensex indices.
Asian Paints Among Top Gainers on Stock Market - 20 Sep, 2023
Asian Paints Ltd was one of the top gainers on the stock market, along with Power Grid, Coal India, ONGC, and NTPC.
Asian Paints Confirms Record Date for Interim Dividend - 19 Sep, 2023
Asian Paints has confirmed November 3 as the record date for its first interim dividend this financial year. The company rewarded shareholders with total dividends of Rs 25.65 per share in FY22-23, translating to a payout of 2,565%. For Q1FY24, Asian Paints reported a YoY jump in consolidated net profit to Rs 1,550.4 crore and revenue grew to Rs 9,182.3 crore.
Asian Paints Faces Weakness and Losses - 18 Sep, 2023
Indian equity indices continue their record run, but Asian Paints faces weakness and losses as analysts predict further decline.
Asian Paints Market Cap Drops - 16 Sep, 2023
Despite being the top paint brand in India, Asian Paints suffered a drop in market cap. The company has a high turnover and offers innovative products and training programs.
Asian Paints Stock Declines Due to Oil Price Surge - 15 Sep, 2023
Asian Paints saw a decline in its stock price due to concerns over increased competition, surge in oil prices impacting margins, and being among the laggards in the Indian stock market.
Grasim's Entry Impacts Asian Paints Stock - 14 Sep, 2023
Asian Paints Ltd experiences losses as Grasim Industries announces its entry into the paints industry, causing a 1.37% drop in stock price.
Asian Paints Among Major Laggards in Sensex Firms - 13 Sep, 2023
Asian Paints Ltd's stock was among the major laggards in the Sensex firms.
HDFC Bank, L&T, RIL and TCS add to Sensex market cap; Axis Bank, M&M and Asian Paints see drop - 09 Sep, 2023
Asian Paints Ltd saw a drop in market cap among Sensex stocks on September 9th.
Asian Paints' Balance Sheet Looks Solid Despite Debt - 08 Sep, 2023
Asian Paints has a net cash position of Rs 27.1 billion, with total liabilities equal to its liquid assets. Its EBIT grew by 31% in the last year, making it easier to handle debt. Overall, Asian Paints' use of debt is not considered risky.
Asian Paints Faces Rising Competition in the Market - 07 Sep, 2023
According to recent news, Asian Paints is facing increased competition in the market due to Grasim's entry into the segment.
Asian Paints Stock Falls Due to Rising Crude Oil Prices - 06 Sep, 2023
Shares of Asian Paints fell by over half a percent as crude oil prices rose to their highest since November 2022, increasing raw material costs for paint companies.
Mixed Fortunes for Promoters of Asian Paints - 04 Sep, 2023
While one promoter's net worth increased, others saw a slight decline. Additionally, Asian Paints was among the laggards in the stock market.
Mixed Day for Asian Paints Ltd Stock - 01 Sep, 2023
On September 1, 2023, Asian Paints was among the top laggards while it was also listed among the top 5 stocks in NIFTY200 Quality 30 index funds as of July 31, 2023.
Source: S&P Global Market Intelligence
0.48%
Downside
Day's Volatility:4.23%
Upside
3.74%
15.28%
Downside
52 Weeks Volatility:28.29%
Upside
13.01%
Returns % | |
1 Month Return | 1.02 % |
3 Month Return | -1.66 % |
1 Year Return | -7.78 % |
Market Stats | |
Previous Close | ₹3,301.80 |
Open | ₹3,281.80 |
Volume | 21.04L |
Market Cap | ₹3,16,707.93Cr |
Organisation | Asian Paints Ltd |
Headquarters | |
Industry | Paints/Varnish |
E-voting on shares | Click here to vote |
Fundamentals of Asian Paints Ltd
Foreign Institutions have increased holdings from 17.01% to 17.47% in Jun 2023 quarter
Revenue is up for the last 3 quarters, 8.57K Cr → 8.91K Cr (in ₹), with an average increase of 1.9% per quarter
Netprofit is up for the last 3 quarters, 782.71 Cr → 1.23K Cr (in ₹), with an average increase of 20.1% per quarter
In the last 1 year, Supreme Industries Ltd has given 97.4% return, outperforming this stock by 105.2%
Promoters holdings remained unchanged at 52.63% of holdings in Jun 2023 quarter
In the last 3 years, Linde India Ltd has given 705.4% return, outperforming this stock by 636.2%
Mutual Funds have decreased holdings from 3.70% to 3.55% in Jun 2023 quarter
Retail Investor have decreased holdings from 20.32% to 19.81% in Jun 2023 quarter
In the last 1 year, ASIANPAINT stock has moved down by -7.8%
Asian Paints Ltd in the last 5 years
Lowest (52.31x)
March 6, 2018
Today (68.05x)
September 26, 2023
Industry (74.78x)
September 26, 2023
Highest (115.23x)
December 30, 2020
Funds | Holdings |
![]() | 1.49% |
![]() | 1.72% |
![]() | 2.87% |
![]() | 1.72% |
![]() | 1.72% |
Investors | Holdings % | Prev. 2 periods | 3M change |
---|---|---|---|
Promoter Holdings | 52.63% | 0.00 | |
Foreign Institutions | 17.47% | 2.71 | |
Mutual Funds | 3.55% | ||
Retail Investors | 19.81% | ||
Others | 6.55% | 3.12 |
Technicals of Asian Paints Ltd share
News & Events of Asian Paints Ltd
Asian Paints' net profit rose 44% year-on-year to Rs 1,258 crore in March 2023 quarter. Did it declare any dividends?
Asian Paints declared a final dividend of Rs 21.25 per share while announcing the March 2023 quarter earnings.
81.01% of INDmoney users answered correctly
What led to an 18% jump in the last 1-month in the share price of Asian Paints?
The fall in crude oil prices, a key raw material, led Asian Paints along with other paint stocks to rally in the last month.
60.83% of INDmoney users answered correctly
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28 Sep, 2023 12:45 PMAsian Paints Ltd(ASIANPAINT | Price |
---|---|
52 Week High | ₹3582.9 |
52 Week Low | ₹2685.85 |
Asian Paints Ltd(ASIANPAINT | Returns |
---|---|
1 Day Returns | -131.45% |
1 Month Returns | 1.02% |
3 Month Returns | -1.66% |
1 Year Returns | -7.78% |