Asian Paints Ltd.
Share Price Target & Analysis
NSE:ASIANPAINT
VWAP
Open
Close
High
Low
52 Week High
41.60 (1.71%)
ASIANPAINT
(CONSUMER GOODS)Watch Carefully
52 Week Low
EPS
PE
PB
Economical
Quality
Diamond
Valuation
#Analysis
NSE: ASIANPAINT Share Price Financial Analysis & Valuation
Asian Paints Ltd. (ASIANPAINT) is broadly categorized in CONSUMER GOODS segment industry which deals in Paints & Varnishes vertical.
It is one of Large Cap company with Market Capitalization of Rs 298836 (in Cr). Total number of free float shares are 95.9 (in Lacs).
Asian Paints Ltd. is listed on NSE with Exchange ID - INE021A01026 and trading code is NSE:ASIANPAINT with short name Asian Paints.
Asian Paints Ltd. is a Good Quality Stock as it is listed in as TOP 50 Quality Picks by NSE. ASIANPAINT is having very good return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years.
Asian Paints Ltd. is good enough to Outperformed the market. ASIANPAINT gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.
Asian Paints Ltd. is also traded in Future & Options (Derivative segment of NSE).
In the past 1 year, Asian Paints Ltd. has declared an equity dividend of Rs 33.3 per share. At the current share price of ASIANPAINT at Rs 2469.75, this results in a dividend yield of 1.35 %.
As per the Fundamental Analysis of NSE:ASIANPAINT, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine ASIANPAINT underlying value and future prospects. All of this data is available in ASIANPAINT financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:ASIANPAINT, it is clearly understood that ASIANPAINT is Economical performer in terms of earnings and profit margins with an EPS of 46.37. NSE:ASIANPAINT book value per share as of today is 192.09. The current price to book ratio for ASIANPAINT as of Nov 23, 2024 is 12.86.
Valuation of the Stock: The current valuation of ASIANPAINT stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of ASIANPAINT whether to BUY this stock at current valuation. The delivery percentage of ASIANPAINT is 55.12% is very crucial parameter which shows that 55.12% investors are anticipating that the price of ASIANPAINT share should go up with VWAP at 2463.06.
Now, the main question is whether to BUY or SELL, NSE:ASIANPAINT at current valuation.
As per latest Analysis No. #3288:-
⇑ STRONG BUY ASIANPAINT if All Greens
⇗ BUY ASIANPAINT (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD ASIANPAINT (With Stop Loss) if only 1 Green
⇘ SELL ASIANPAINT if NO Green Indicator
NSE: ASIANPAINT Share Price Today (Nov 23, 2024)
(Asian Paints Ltd. Daily Analysis on the basis of ASIANPAINT Intraday Graph & Trend)
Asian Paints Ltd. share price moved Up by 1.71% from its previous close of Rs 2428.15. ASIANPAINT stock last traded price is 2469.75. ASIANPAINT share price trend is Up with a total of 3805800 stocks traded till now. It has touched an intraday high of Rs 2493.95 and an intraday low of Rs 2422.95. The ASIANPAINT trading at 2469.75, Up by Rs. 41.60, or 1.71 percent which suggests that most of the Traders are anticipating that the price of ASIANPAINT share should go Up.
NSE: ASIANPAINT Share Price Tomorrow Prediction
(Asian Paints Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ASIANPAINT)
Asian Paints Ltd. share price moved Up by 1.71%. ASIANPAINT share price short term trend is Up. It suggests that ASIANPAINT Share Price for Tomorrow remains the same with VWAP at 2463.06 will be treated as stop loss for intraday traders. Asian Paints Ltd. Long term investors can follow the ASIANPAINT long term trend as mentiond in future forecast table.
NSE Code |
NSE: ASIANPAINT |
ASIANPAINT Share Price Today |
2469.75 |
ASIANPAINT Share Price Target Prediction for 2024 ^ |
2540.2 - 3100.7 |
ASIANPAINT Share Price Target Prediction for 2025*^ |
3100.7 - 3664.6 |
ASIANPAINT Share Price Target Prediction for 2026*^ |
3664.6 - 3921.1 |
ASIANPAINT Share Price Target Prediction for 2027*^ |
4117 |
ASIANPAINT Share Price Target Prediction for 2028*^ |
4235 |
ASIANPAINT Share Price Target Prediction for 2030*^ |
4616 |
| ASIANPAINT Current Book Value 2023 |
191.1 |
*Asian Paints Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^ASIANPAINT share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
ASIANPAINT Technical Analysis
Candlestick Pattern: @2483.15| MA | Simple | Action S1 | Expo | Action E2 |
|---|---|---|---|---|
| MA_5 | 2548.21 | SELL | 2557.78 | SELL |
| MA_12 | 2780.68 | SELL | 2721.9 | SELL |
| MA_20 | 2855.93 | SELL | 2806.22 | SELL |
| MA_32 | 2965.51 | SELL | 2906.17 | SELL |
| MA_50 | 3071.91 | SELL | 2962.13 | SELL |
| MA_100 | 3063.78 | SELL | 3003.62 | SELL |
| MA_200 | 2966.67 | SELL | 3017.46 | SELL |
| Trend Oscillators | Value | Action |
|---|---|---|
| Bollinger Bands | 2855.93 | Downtrend |
| MACD | -46.4 | SELL |
| ADX | 50.46 | Very Strong Trend |
| DMI (+/-) | 4.87 / 47.92 | Downtrend |
| Momentum Oscillators | Value | Action |
|---|---|---|
| RSI | 14.96 | Oversold |
| STOCHASTIC_K (Fast) | 6.25 | Oversold |
| STOCHASTIC_D (Slow) | 3.64 | Oversold |
| CCI | -122.07 | SELL |
| PSAR | 2707.5 | SELL |
| TRUE RANGE | 35.55 | Neutral |
| ATR | 71.88 | Neutral |
| WILLIAMS R | -94.44 | Oversold |
| TRIX | 0 | Neutral |
| STOCHASTIC RSI K | 19.34 | Oversold |
| STOCHASTIC RSI D | 6.45 | Oversold |
| MOMENTUM | -598.95 | SELL |
| Duration | Value |
|---|---|
| 1 Year | -19.85% |
| 3 Months | -17.87% |
| 1 Month | -19.43% |
| 1 Week | -12.65% |
| Action | Overall (%) |
|---|---|
| BUY | 3% |
| NEUTRAL / HOLD | 10% |
| SELL | 87% |
Most popular Questions & Answers about ASIANPAINT
Asian Paints Ltd. stock last traded price is 2469.75. ASIANPAINT share price moved Up by 1.71% from its previous close of Rs 2428.15.
Asian Paints Ltd. share price trend is Up with a total of 3805800 stocks traded till now. It has touched an intraday high of Rs 3457.1795 and an intraday low of Rs 2422.95. The ASIANPAINT trading at 2469.75, Up by Rs. 41.60, or 1.71 percent which suggests that most of the Traders are anticipating that the price of ASIANPAINT share should go Up and the Stop Loss will be around 2463.06.
The market cap of Asian Paints Ltd. is ₹298836 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Asian Paints Ltd. as of Nov 22, 2024 is 40.93.
The current price to book ratio for Asian Paints Ltd. as of Nov 22, 2024 is 12.86.
The highest price of Asian Paints Ltd. stock is ₹3422.95 in the last 52-week.
The lowest price of Asian Paints Ltd. stock is ₹2422.95 in the last 52-week.
Asian Paints Ltd. share trading at ₹2469.75, Up by Rs. 41.60, or 1.71 percent which suggests that most of the traders are anticipating that the price of ASIANPAINT share should go Up.
In 2023, Stock price target for Asian Paints Ltd. (ASIANPAINT) are ₹2540.2 on downside and ₹3100.7 on upside. Asian Paints Ltd. share price target is based on current financial year earings of the company.
In 2024, Stock price target for Asian Paints Ltd. (ASIANPAINT) are ₹3100.7 on downside and ₹3664.6 on upside. Asian Paints Ltd. share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Asian Paints Ltd. (ASIANPAINT) are ₹3664.6 on downside and ₹3921.1 on upside. Asian Paints Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Asian Paints Ltd. (ASIANPAINT) will be around ₹4235 Asian Paints Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ASIANPAINT.
The price of Asian Paints Ltd. (ASIANPAINT) shares moved by 1.71%. The short-term trend for ASIANPAINT share price is Up. It implies that the share price of ASIANPAINT will stay the same tomorrow and that intraday traders should treat VWAP at 2463.06 as a stop loss. Investors with a long-term outlook can track ASIANPAINT long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of ASIANPAINT stock is 556. Compared to the current market price of 2469.75 INR, the ASIANPAINT stock is Overvalued by 77.5%.
As per the fundamental analysis of Asian Paints Ltd. (ASIANPAINT), it is of Economical quality in terms of earnings and profit margins with an EPS of 46.37. Asian Paints Ltd. book value per share as of today is 192.09. The current price to book ratio for ASIANPAINT as of Nov 23, 2024 is 12.86.
NSE:ASIANPAINT News & Other Useful Information about ASIANPAINT Share Price
Peer Comparison of NSE: ASIANPAINT
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Paints & Varnishes
| Company | Price | EPS | BV |
|---|---|---|---|
| ASIANPAINT | 2469.75 | 46.37 | 192.09 |
| BERGEPAINT | 477.60 | 8.4 | 42.94 |
| KANSAINER | 267.25 | 7.8 | 69.93 |
| AKZOINDIA | 3639.00 | 95.54 | 291.62 |
| SIRCA | 315.35 | 8.49 | 56.33 |
| SHALPAINTS | 100.42 | 0 | 45.08 |