NSE: ASIANPAINT Share Price Financial Analysis & Valuation

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 25.65 per share. At the current share price of ASIANPAINT at Rs 2929.75, this results in a dividend yield of 0.88 %.

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 55.73. NSE:ASIANPAINT book value per share as of today is 162.49. The current price to book ratio for ASIANPAINT as of May 04, 2024 is 18.03.

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 41.18% is very crucial parameter which shows that 41.18% investors are anticipating that the price of ASIANPAINT share should go up with VWAP at 2943.33.

Now, the main question is whether to BUY or SELL, NSE:ASIANPAINT at current valuation.
As per latest Analysis No. #2733:-

⇑ 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 (May 04, 2024)

(Asian Paints Ltd. Daily Analysis on the basis of ASIANPAINT Intraday Graph & Trend)

Asian Paints Ltd. share price moved Down by -1.53% from its previous close of Rs 2975.4. ASIANPAINT stock last traded price is 2929.75. ASIANPAINT share price trend is Down with a total of 1594445 stocks traded till now. It has touched an intraday high of Rs 2997.00 and an intraday low of Rs 2909.25. The ASIANPAINT trading at 2929.75, Down by Rs. -45.65, or -1.53 percent which suggests that most of the Traders are anticipating that the price of ASIANPAINT share should go Down.

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 Down by -1.53%. ASIANPAINT share price short term trend is Down. It suggests that ASIANPAINT Share Price for Tomorrow remains the same with VWAP at 2943.33 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: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