asianpaintclearly someone is selling this stock in big quantity and making big exit.
stock is having distribution on daily chart and I don't rule out 2100
But pls be caution that wyckoff patterns takes lots of time and they are tough to trade considering the spikes in opposite direction of the trend.
Next report date
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47.65 INR
54.60 B INR
354.38 B INR
411.93 M
About ASIAN PAINTS LTD
Sector
Industry
CEO
Amit Syngle
Website
Headquarters
Mumbai
Founded
1942
ISIN
INE021A01026
FIGI
BBG000CNM1X2
Asian Paints Ltd. manufactures and markets paints and coating products. It operates through following segments: Decorative business, Home Décor business, International business and Industrial business. The Decorative business segment is a India’s paint and décor company offering wide range of products and services along with largest-of-its kind painting service in the world. The Home Décor business is Expansive offering to provide a complete one-stop home décor solution to customers. The International business segment Taking forward the legacy of Asian Paints to cater to a wide cross-section of customers across geographies and bring delight to millions of households. The Industrial business provider of high-quality custom-formulated products for the automotive and industrial business. The company was founded on February 1, 1942, and is headquartered in Mumbai, India.
Expectations from Asian Paints post Q2 FY 25Consolidated revenue stands at 8201 crores -5.12 % YOY and -10.13% QOQ
Consolidated earning at 693 crores -43 % YOY, -41% QOQ
Standalone revenue stands at 7050 crores -6 % YOY and -13% QOQ
Standalne earning 602 crores -48 % YOY, -49% QOQ
Personal View::
Not thinking of 48% decrease in share pr
Asian paints Funda and 2021 to 2024 distribution TGT-below1600technically from 2021 to 2024 asian paints has seen distribution i think by now smart money has already exited
Asian Paints
last all quaters has profits around 1100-1200 cr
This quater 694 cr which is very massive dip in profits
current p/e 52
sector p/e 47
i think asian paints is now no longe
ASIAN PAINT RISING WEDGE / BEARISH TREND- Rising wedge triggers bearish side
- FALL CONTINUE BELOW THE EMA CROSS OVER LINE
- FALLS STRONGLY BELOW PIVOT S1
- ALL THIS TECNICAL PATTERNS ARE FAVERING THIS STOCK TO MOVE BEARISH SIDE.
- So, this fall may continue, it's my personal opinion.
I don't recommend taking trade based on this idea
Positional long in Asian paintsAs we can see in the chart the stock is taking support at the trendline and can start continue the move in the coming trading session
Blue Chip Asian Paints on SaleThe Monopoly Company is available at a discount of 30% from the top.
Further the weekly RSI is approx 26 which makes it a lucrative buy.
Last 4 years CAGR is close to none. But with a historic CAGR of 20+. Meaning a huge upward potential.
Min investment of six months will give a good upside pote
ASIANPAINTASIANPAINT has given pullback and renounced from 200 DMA. Chances are there that it may change its trend. Long term investor can consider this pullback.
ASIANPAINT Trading Above Demand Zone of ₹2964.45-₹2885.25ASIANPAINT stock is currently trading at ₹2998.35, above the demand zone of ₹2964.45-₹2885.25. This zone has been tested previously, demonstrating strong buying interest. Investors should monitor for potential pullbacks towards the demand zone, which could present buying opportunities.
Asian Paints - At strong support areaAsian paints 2970-3000 Strong area of support area
Also a strong flip zone
Stock may do sideways for some time before making a U turn
Any close below 2970 will negate the view
Expect stock to stop at 3150 - 3225 - 3300 on the way up
Asian Paints a new long term trend startingAsian paints touched ema 63 on monthly chart and it is now at bottom of channel, last time this happen stock returned 1000% gain. Watch this.
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Frequently Asked Questions
The current price of ASIANPAINT is 2,429.20 INR — it has increased by 0.01% in the past 24 hours. Watch ASIAN PAINTS LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange ASIAN PAINTS LTD. stocks are traded under the ticker ASIANPAINT.
ASIANPAINT stock has fallen by −2.43% compared to the previous week, the month change is a −18.72% fall, over the last year ASIAN PAINTS LTD. has showed a −22.51% decrease.
We've gathered analysts' opinions on ASIAN PAINTS LTD. future price: according to them, ASIANPAINT price has a max estimate of 3,750.00 INR and a min estimate of 2,080.00 INR. Watch ASIANPAINT chart and read a more detailed ASIAN PAINTS LTD. stock forecast: see what analysts think of ASIAN PAINTS LTD. and suggest that you do with its stocks.
ASIANPAINT reached its all-time high on Sep 28, 2022 with the price of 3,590.00 INR, and its all-time low was 24.50 INR and was reached on May 17, 2004. View more price dynamics on ASIANPAINT chart.
See other stocks reaching their highest and lowest prices.
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ASIANPAINT stock is 2.36% volatile and has beta coefficient of 0.99. Track ASIAN PAINTS LTD. stock price on the chart and check out the list of the most volatile stocks — is ASIAN PAINTS LTD. there?
Today ASIAN PAINTS LTD. has the market capitalization of 2.38 T, it has decreased by −14.57% over the last week.
Yes, you can track ASIAN PAINTS LTD. financials in yearly and quarterly reports right on TradingView.
ASIAN PAINTS LTD. is going to release the next earnings report on Jan 16, 2025. Keep track of upcoming events with our Earnings Calendar.
ASIANPAINT earnings for the last quarter are 7.24 INR per share, whereas the estimation was 10.94 INR resulting in a −33.84% surprise. The estimated earnings for the next quarter are 12.80 INR per share. See more details about ASIAN PAINTS LTD. earnings.
ASIAN PAINTS LTD. revenue for the last quarter amounts to 80.28 B INR, despite the estimated figure of 85.59 B INR. In the next quarter, revenue is expected to reach 89.68 B INR.
ASIANPAINT net income for the last quarter is 6.95 B INR, while the quarter before that showed 11.70 B INR of net income which accounts for −40.63% change. Track more ASIAN PAINTS LTD. financial stats to get the full picture.
ASIAN PAINTS LTD. dividend yield was 1.17% in 2023, and payout ratio reached 58.48%. The year before the numbers were 0.93% and 59.89% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 21, 2024, the company has 30.67 K employees. See our rating of the largest employees — is ASIAN PAINTS LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ASIAN PAINTS LTD. EBITDA is 66.81 B INR, and current EBITDA margin is 21.72%. See more stats in ASIAN PAINTS LTD. financial statements.
Like other stocks, ASIANPAINT shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ASIAN PAINTS LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ASIAN PAINTS LTD. technincal analysis shows the sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ASIAN PAINTS LTD. stock shows the sell signal. See more of ASIAN PAINTS LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.