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Asian Paints Ltd.Asian Paints Ltd.Asian Paints Ltd.

Asian Paints Ltd.

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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 price to 1441 from 2772 (the traded price post Q1 FY 25, on 15 july 24). The stock is bearish since sept 16 2024. Expecting 2440-2525 to hold if coming week bearish momentum continue. If open gap down below 2673 , -3.5% from last traded price ,possibility of downside move to 2525-2400 in the coming week
NSE:ASIANPAINT
by Apu_3007
2
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 longer market leader so considering these profits constant for next three quaters also then keeping P/e also constant at 50 stock fair price would be 1600 where eps is taken as 32 (Trailing Twelve months) if pe also falls asian paints fair valuation comes around 900-1200 rupees Thats a lot of gap fii hold 15% others hold 8% public around 18% i think asian paints facing severe competition from berger paints grasim indigo paints sirca paints mrf (also has paints ) and many other local players Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes
NSE:ASIANPAINTShort
by techno_funda_guy
2
Cup and Forming HandelThe chart of Asian Paints is forming a textbook "Cup and Handle" pattern, which typically signals a bullish breakout after the handle completes. The rounded cup portion shows a period of consolidation, followed by a slight pullback in the handle. If the price breaks out above the handle resistance, this can be a strong buy signal, as it suggests upward momentum with potential new highs on the horizon. However, traders should remain cautious due to ongoing geopolitical tensions, which could impact global markets and cause sudden volatility. It's important to adjust stop-losses and manage risk accordingly.
NSE:ASIANPAINT
by RZR22
ASIAN PAINTS - POSITIONAL SWING TRADE IDEA IN CASHSYMBOL - ASIANPAINT Asian Paints is the largest home decor company in India. The 80+ year old company has major brands like Asian Paints, Berger, Apco etc. under its umbrella. The co. is into wall paints, wall coverings, waterproofing, texture painting, wall stickers, mechanized tools, adhesives, modular kitchens, sanitaryware, lightings, soft furnishings, and uPVC windows. Asian Paints is currently trading between two major supply and demand zones since a long time. CMP of Asian paints is 2700 & It is approaching demand zone on weekly basis. I'm seeing a positional trade opportunity on buy side. I usually trade in futures but this time I'm taking this trade in cash as general elections are due in June which is a major event for market makers. Current PE of Asian paints is 46 which makes it a value buy at CMP. I'm investing 50% allocation today at CMP 2700. I'll invest 50% more at 2580-2600 levels & will hold this position with 2500 as SL. Targets I'm expecting on long side will be 2950 - 3220 - 3410 & new ATH. I'm ready to hold this trade for 3 - 6 months. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:ASIANPAINTLong
by akshit_official