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ASIANPAINT Share Price Discussion

Asian Paints Ltd.
Sector: Paints and Pigments
... Read more
ASIANPAINT Long Term Analysts Rating
4.2/5 (18 Ratings)
ASIANPAINT Share Price *
1,836.65 +1.5 (0.08%)
* (quote may be delayed)

Find answers to all your questions on live ASIANPAINT message board: Is ASIANPAINT buy or sell? Should I buy ASIANPAINT shares? Why are ASIANPAINT shares falling? Should I invest in ASIANPAINT stock?


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ASIANPAINT Discussion Forum


ASIANPAINT - 541077
Performance for the week
Entry 1798 to 1851.45 *profit ₹ 32,070*
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@tradingfab • Reputation: 720

17-01-20
ASIANPAINT SELL FUT JAN (Intraday)
only below @ 1833.60
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Reply (5)
Latest replies
Sameer  @tradingfab
Today 5:12 PM

Hit 1831 💥🔥🔥🔥🔥
Sameer  @tradingfab
Today 5:17 PM

low 1828.80 🔥🔥🔥🔥
Sameer  @tradingfab
Today 5:22 PM

Hit 1826.95 🔥🔥💥💥
Sameer  @tradingfab
Today 5:29 PM

low 1826.10🔥🔥🔥🔥
Sameer  @tradingfab
Today 5:47 PM

low 1823.55 🔥🔥💥💥💥
Billion Club in ASIANPAINT
CARRIED - BUY ASIANPAINT ABV 1840

CARRIED – EXIT LONG FROM ASIAN PAINT AT 1846, PROFIT RS 3600
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tradewithprobabilies in ASIANPAINT
Asianpaints resistance@1831-1837

Exit now@1848 if you have
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Asian Paints is facing a prima facie order passed by the Competition Commission of India (CCI) for an investigation against the company based on information received from JSW Paints Ltd.
1
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CCI orders probe against Asian Paints - ET Retail
"The Commission is of the view that evidence provided by JSW Paints is prima-facie sufficient to indicate that Asian Paints has denied access to the d..
ETRetail.com
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ASIANPAINT - 535077
Earning release expected on Jan 22 / 2020.
#learntoinvestindia
#learntoinvest🇮🇳
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@100billionclub • Reputation: 3,756

CARRIED - BUY ASIANPAINT ABV 1840
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The Inside Guy in ASIANPAINT
ASIANPAINT
Trade entered: Buy ASIANPAINT @1810.45 Target@1...

*Target hits* 💘 +22
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@pritpatel • Reputation: -563
ASIANPAINT JAN20 FUT

Type
Buy
Instrument
ASIANPAINT JAN20 FUT
Entry Price
₹1,825.6
Price@Trade
₹1,833.1
Target Price
₹1,835
Stop Price
₹1,818
Valid Till
Jan 15, 2020 3:20 PM
Status
Exited before entry
1
reply
Reply (1)
Latest replies
PRIT PATEL @pritpatel
Jan 15 3:29 PM

Update
Exited before entry
Price @ Update
₹1,836.55
The Inside Guy in ASIANPAINT
ASIANPAINT
Trade entered: Buy ASIANPAINT @1810.45 Target@1...

1826 *Book half* (+13)
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ASIANPAINT

Type
Buy
Instrument
ASIANPAINT
Entry Price
₹1,810.45
Price@Trade
₹1,810.45
Target Price
₹1,832
Stop Price
₹1,806
Valid Till
Jan 15, 2020 3:20 PM
Margin
₹1,810.45 approx for 1 Qty
Status
Target Achieved
Net P&L
1.19% Profit
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Reply (1)
Latest replies
TrackerBot @trackerbot
Jan 15 3:30 PM

Update
Target Achieved
Target
₹1,832

Asian Paints
Cmp @ 1814 spot
Every dip is Opportunity to accumulate this stock for short term tgt 1850-1880++
SL @ your own risk
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@commodityBiz • Reputation: 4,205

BUY ASIANPAINT 1820 CE AT 36 OR CMP STRICT SL 31 SAFE TARGET 40 FINAL TARGET 45
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Asianpaints resistance@1831-1837
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@vijayjaria • Reputation: -6,629

Asian paint 14 January intraday Levels
Sell below 1794 target 1780
SL 1816 .
Sell in two parts one after breakdown second near 1810
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@100billionclub • Reputation: 3,756
Billion Club in ASIANPAINT
BUY ASIANPAINT ABV 1804 SL BELOW 1790 TGT 1818 ...

EXIT LONG FROM ASIANPAINT AT 1812, PROFIT RS 4800
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"ULTRA RISKY JACKPOT"
ASIANPAINT BUY ABOVE 1810
SL 1808
TARGET "OPEN"
1
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Reply (1)
Latest replies

NEW HIGH 1813
(1200/- RISK PER LOT)😍
RISK 1: 1.50 TIMES PROFIT❤️
1,800/- PROFIT TILL NOW 👍
@100billionclub • Reputation: 3,756

BUY ASIANPAINT ABV 1804 SL BELOW 1790 TGT 1818 - 1832. CMP: 1804
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Futures & Options educational trades for the week 13.1.20 to 17.1.20*
(My trade rules given below apply).
ASIANPAINT* cmp 1796.10 buy upto 1761.00 stop 1750.00 target 1854.00+
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ASIANPAINT - chart - 526307
TECHNICAL ALERT - ASIAN PAINT LTP 1787 Rs
Short Term Trend will turn positive at 1798 Rs levels
Cup & Handle Patron Breakout at 1834Rs
MACD +1.83 Mildly Positive
RSI 56.23 Turning Bullish
1
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@commodityBiz • Reputation: 4,205

BUY ASIANPAINT FUT AT 1773 OR CMP STRICT SL 1768 SAFE TARGET 1779 FINAL TARGET 1788
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Latest replies
Commodity Biz @commodityBiz
Jan 10 5:02 PM

SAFE TARGET HIT IN ASIANPAINT FUT
Commodity Biz @commodityBiz
Jan 10 5:49 PM

FINAL TARGET HIT IN ASIANPAINT FUT

"ULTRA RISKY JACKPOT"
ASIANPAINT BUY ABOVE 1768
SL 1767.10
TARGET "OPEN"
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Latest replies

NEW HIGH 1778++
(540/- RISK PER LOT)😍
RISK 1: 12 TIMES PROFIT❤️
6,400/- PROFIT TILL NOW 👍
@100billionclub • Reputation: 3,756
Billion Club in ASIANPAINT
BUY ASIANPAINT ABV 1762

1ST TGT ACHIEVED IN ASIANPAINT AT 1780, PROFIT RS 10800
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Asian Paints
Cmp @ 1744 spot
If give any dip than best Opportunity to buy @ 1705-1675
Tgt 1755-1764++
SL @ your own Risk or ping me
Reminder @
If break and sustain/close above 1764.10 than showing more strength for tgt 1775-1785-1805++
Positional tgt 1826-1850++
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@jdktradingpro • Reputation: 1,086
ASIANPAINT

Type
Sell
Instrument
ASIANPAINT
Entry Price
₹1,749.5
Price@Trade
₹1,749.3
Target Price
₹1,740
Stop Price
₹1,754.5
Valid Till
Jan 9, 2020 3:20 PM
Margin
₹1,749.5 approx for 1 Qty
Status
Stoploss Hit
Net P&L
-0.29% Loss
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Latest replies
TrackerBot @trackerbot
Jan 9 3:19 PM

Update
Trade Entered
Entry Price
₹1,749.5
TrackerBot @trackerbot
Jan 9 5:51 PM

Update
Stoploss Hit
StopLoss
₹1,754.5
ASIANPAINT

Type
Buy
Instrument
ASIANPAINT
Entry Price
₹1,762
Price@Trade
₹1,751
Target Price
₹1,785
Stop Price
₹1,745
Valid Till
Jan 10, 2020 3:20 PM
Margin
₹1,762 approx for 1 Qty
Status
Target Achieved
Net P&L
1.31% Profit
BUY ASIANPAINT ABV 1762 SL BELOW 1747 TGT 1780 - 1792. CMP: 1762
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TrackerBot @trackerbot
Jan 9 6:37 PM

Update
Trade Entered
Entry Price
₹1,762
TrackerBot @trackerbot
Jan 10 5:53 PM

Update
Target Achieved
Target
₹1,785

ASIANPAINT - 525855
ASIANPAINT FINAL TGT DONE @1785 BOOK A HUGH PROFIT 🚀🚀🚀🕺🕺🕺🚀🚀
5000* 23= 115000/- TOTAL PROFIT
@100billionclub • Reputation: 3,756

BUY ASIANPAINT ABV 1762
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@tradingfab • Reputation: 720

09-01-20 Intraday SELL ASIANPAINT in cash
only Below @ 1751.80
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Reply (6)
Latest replies
Sameer  @tradingfab
Jan 9 3:00 PM

low 1749.75 🔥🔥
Sameer  @tradingfab
Jan 9 3:02 PM

low1749 💥 🔥🔥
Sameer  @tradingfab
Jan 9 3:10 PM

low 1747.20 🔥🔥💥
Sameer  @tradingfab
Jan 9 3:22 PM

Hit 1746 🔥🔥💥💥
Sameer  @tradingfab
Jan 9 3:37 PM

Hit 1743 🔥🔥🔥🚀🚀

💠💠
YOUR FREE EQUITY CASH CALL FOR THIS FORUM TODAY:
BUY ASIAN PAINTS AT THE VERY BEGINING
STRICT STOP LOSS - 1711.45
1ST TARGET - 1745
2ND TARGET - 1760
3RD TARGET - 1775
## GO WITH SAFER QUANTITY ##
Disclaimer: All my Views/Suggestions/Calls are for Education Purpose Only. Pl...
Read more...
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@dreambig • Reputation: 1,908

Small risky
Watch
Buy Asian paint cash
1416.5-1410
Sl 1408
Tgt 1421/1426++
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DREAM BIG VIEW @dreambig
Jan 8 7:48 PM

Buy Asian paint update
1715.5 to 1425
Almost full
DREAM BIG VIEW @dreambig
Jan 8 8:26 PM

Buy Asian paint update
1715.5 to 1426.9
🎉💰🎊💰💰
Full tgt dn 1426
ASIANPAINT JAN20 FUT

Type
Sell
Instrument
ASIANPAINT JAN20 FUT
Entry Price
₹1,720
Price@Trade
₹1,720.7
Target Price
₹1,700
Stop Price
₹1,726
Valid Till
Jan 8, 2020 3:20 PM
Margin
₹182,042.4 approx for 600 Qty
Status
Stoploss Hit
Net P&L
-1.98% Loss
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Latest replies
TrackerBot @trackerbot
Jan 8 5:53 PM

Update
Trade Entered
Entry Price
₹1,720
TrackerBot @trackerbot
Jan 8 6:03 PM

Update
Stoploss Hit
StopLoss
₹1,726
tradewithprobabilies in ASIANPAINT
Asianpaints support @1687-1681

Asianpaints not coming to our level
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@trader12 • Reputation: 3,463
ASIANPAINT

Type
Buy
Instrument
ASIANPAINT
Entry Price
₹1,703
Price@Trade
₹1,707.45
Target Price
₹1,717
Stop Price
₹1,695
Valid Till
Jan 8, 2020 3:20 PM
Status
Exited before entry
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Latest replies
TRADER @trader12
Jan 8 3:00 PM

Update
Exited before entry
Price @ Update
₹1,714.05

Asianpaints support @1687-1681
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💠💠
YOUR FREE EQUITY CASH CALL FOR THIS FORUM TODAY:
SELL ASIANPAINTS AT THE VERY BEGINING
STRICT STOP LOSS - 1742
1ST TARGET - 1706
2ND TARGET - 1695
3RD TARGET - 1685
## GO WITH SAFER QUANTITY ##
Disclaimer: All my Views/Suggestions/Calls are for Education Purpose Only. Please...
Read more...
1
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@bablulab • Reputation: 78

Asian Paints
Strong Resistance @ 1785-1815
If break and Close Above it than only will see more up move in This stock. Or best to enter near 1675-1665 SL @ your own risk
For Sureshot levels Ping me
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ASIANPAINT - chart - 517481
Good swing
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SELL ASIANPAINT FUTURE@1740 SL 5 TARGET 1722-1705
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NEW LOW 1732

NEW LOW 1727
RS 7200 PROFIT TILL NOW
ASIANPAINT JAN20 FUT

Type
Sell
Instrument
ASIANPAINT JAN20 FUT
Entry Price
₹1,711
Price@Trade
₹1,710.1
Target Price
₹1,645
Stop Price
₹1,725
Valid Till
Jan 13, 2020 3:20 PM  Jan 14, 2020 3:20 PM
Margin
₹181,316.98 approx for 600 Qty
Status
Stoploss Hit
Net P&L
-4.63% Loss
1
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Latest replies
TrackerBot @trackerbot
Jan 6 8:11 PM

Update
Trade Entered
Entry Price
₹1,711

Update
Time Extended
Price @ Update
₹1,714.95
Original Time
Jan 13, 2020 3:20 PM
New Time
Jan 14, 2020 3:20 PM
TrackerBot @trackerbot
Jan 7 2:46 PM

Update
Stoploss Hit
StopLoss
₹1,725
JACKPOT FNO Call in ASIANPAINT
ASIANPAINT FUTURE TOUCH 1700 TODAY CMP=1718

NEW LOW 1702.95
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JACKPOT FNO Call in ASIANPAINT
ASIANPAINT JAN20 FUT
New trade: Sell ASIANPAINT JAN20 FUT, CMP@1723....

NEW LOW 1702.95
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ASIANPAINT JAN20 FUT

Type
Sell
Instrument
ASIANPAINT JAN20 FUT
Entry Price
₹1,723.75
Price@Trade
₹1,723.2
Target Price
₹1,705
Stop Price
₹1,725
Valid Till
Jan 6, 2020 3:20 PM
Margin
₹184,683.41 approx for 600 Qty
Status
Stoploss Hit
Net P&L
-0.41% Loss
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Latest replies
TrackerBot @trackerbot
Jan 6 3:53 PM

Update
Trade Entered
Entry Price
₹1,723.75
TrackerBot @trackerbot
Jan 6 3:55 PM

Update
Stoploss Hit
StopLoss
₹1,725

ASIANPAINT FUTURE TOUCH 1700 TODAY CMP=1718
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💠💠
YOUR FREE EQUITY CASH CALL FOR THIS FORUM TODAY:
SELL ASIAN PAINTS AT THE VERY BEGINING
STRICT STOP LOSS - 1765
1ST TARGET - 1732
2ND TARGET - 1720
3RD TARGET - 1705
## GO WITH SAFER QUANTITY ##
Disclaimer: All my Views/Suggestions/Calls are for Education Purpose Only. Pleas...
Read more...
2
reply
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Asian Paints
Strong Resistance @ 1785-1815
If break and Close Above it than only will see more up move in This stock.
For Sureshot levels Ping me
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@pyramidstock • Reputation: 2,205

STBT ASIAN PAINT CMP 1755 SL 1765
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ASIANPAINT JAN20 FUT

Type
Buy
Instrument
ASIANPAINT JAN20 FUT
Entry Price
₹1,760
Price@Trade
₹1,761.95
Target Price
₹1,800
Stop Price
₹1,745
Valid Till
Jan 30, 2020 3:20 PM
Margin
₹187,375.93 approx for 600 Qty
Status
Stoploss Hit
Net P&L
-7.41% Loss
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Latest replies
TrackerBot @trackerbot
Jan 3 7:23 PM

Update
Trade Entered
Entry Price
₹1,760
TrackerBot @trackerbot
Jan 6 2:46 PM

Update
Stoploss Hit
StopLoss
₹1,745

ASIANPAINT - chart - 511870
#ASIANPAINT JACKPOT SELL WITH SLC FORMATION STRATEGY
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ASIANPAINT - chart - 511598
Good sho(r)t
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  • ASIANPAINT - Share Price - Fundamentals

    keyboard_arrow_down
    Market Capitalization143,103.05
    Enterprise Value142,950.53
    Price to Earnings56.73
    Price to Book Value16.1
    Return on Capital Employed0.37
    Return on Equity0.24
    Face Value1
    Dividend Yield0.01
  • ASIANPAINT Share Price - Technicals

    keyboard_arrow_down
    ASIANPAINT - 52 Week High₹1,848
    ASIANPAINT - 52 Week Low₹1,291.25
  • ASIANPAINT - Brokerage Reports

    keyboard_arrow_down
    DateBrokerageCallTarget
    29-Oct-19Axis DirectBuy1,976
    24-Oct-19Prabhudas LilladherAccumulate1,855
    23-Oct-19ICICIdirect.comBuy2,050
    23-Oct-19EdelweissBuy2,050
    11-Oct-19Axis DirectBuy1,935
    ASIANPAINT Brokerage Price Target
  • ASIANPAINT Share Price - Historical (₹)

    keyboard_arrow_down
    DateOpenHighLowClose
    Jan 171835.61838.918151830.05
    Jan 161835.9518481828.751835.15
    Jan 151817.518451810.11842.25
    Jan 1418051821.651804.81819.15
    Jan 1317991807.951794.351804.9
  • ASIANPAINT Share Price - Daily Moving Averages (DMA)

    keyboard_arrow_down
    20 Day Moving Average₹1,790.58
    30 Day Moving Average₹1,775.3
    50 Day Moving Average₹1,760.25
    100 Day Moving Average₹1,728.23
    200 Day Moving Average₹1,578.97
  • ASIANPAINT - Profit And Loss

    keyboard_arrow_down
    CONSOLIDATEDMar-18Mar-17 % Change
    Revenue14,559.5512,647.110.15
    Operating Profit2,923.262,674.880.09
    Profit Before Tax2,865.832,658.050.08
    Net Income1,894.81,803.10.05
  • ASIANPAINT - Balance Sheet

    keyboard_arrow_down
    CONSOLIDATEDMar-19Mar-18 % Change
    Shareholder's Funds8,8887,798.160.14
    Total Liabilities4,2653,843.60.11
    Total Assets13,15211,641.760.13
  • ASIANPAINT - Cash Flow

    keyboard_arrow_down
    CONSOLIDATEDMar-18Mar-17 % Change
    Cash from Operating Activity2,136.091,411.60.51
    Cash from Investing Activity-1,370.96-591.511.32
    Cash from Financing Activity-1,239.05-940.250.32
    Net Cash Flow-473.92-120.162.94
  • ASIANPAINT - Ratios

    keyboard_arrow_down
    CONSOLIDATEDMar-18Mar-17
    Return on Assets0.160.18
    Return on Equity0.240.26
    Return on Capital Employed0.370.38
  • ASIANPAINT - 3 year Growth

    keyboard_arrow_down
    3 Year CAGR Growth in Revenue0.19
    3 Year CAGR Growth in Operating Profit0.47
    3 Year CAGR Growth in EBIDTA0.46
    3 Year CAGR Growth in Net Income0.43
    3 Yr CAGR Growth - Diluted EPS0.43
  • ASIANPAINT - 5 year Growth

    keyboard_arrow_down
    5 Year CAGR Growth in Revenue0.62
    5 Year CAGR Growth in Operating Profit1.62
    5 Year CAGR Growth in EBIDTA0.91
    5 Year CAGR Growth in Net Income0.8
    3 Yr CAGR Growth - Diluted EPS-0.82
  • ASIANPAINT - Recent News

    keyboard_arrow_down
    NewsBot
    Oct 23 8:43 PM
    Asian Paints Q2 profit spikes 67% on tax benefits, KBS Anand to retire next year
    Moneycontrol
    NewsBot
    Oct 22 12:58 PM
    Early on D-Street: Hold long positions in Nifty with a stop below 11,553
    Moneycontrol
    NewsBot
    Oct 21 2:48 PM
    As momentum continues, use Bull Call spread strategy; buy 11,650 Call, sell 11,800 Call
    Moneycontrol
    NewsBot
    Oct 10 11:08 PM
    Asian Paints Q2 PAT seen up 66.4% YoY to Rs. 820.1 cr: Kotak
    Moneycontrol
    NewsBot
    Oct 10 8:48 PM
    Asian Paints Q2 PAT seen up 27.3% YoY to Rs. 644.2 cr: ICICI Direct
    Moneycontrol
    NewsBot
    Oct 10 4:03 PM
    'Voltas, Muthoot Finance among 5 stocks that could give 10-14% return in 1-3 months'
    Moneycontrol
    NewsBot
    Oct 8 3:48 PM
    'Market unlikely to fall below August lows; expect strong returns from private banks, paints stocks'
    Moneycontrol
    NewsBot
    Oct 8 1:13 PM
    Sensex up 8% from Dussehra 2018; more than 30 stocks rose 50-140% in 1 year
    Moneycontrol
    NewsBot
    Oct 1 10:58 PM
    An evening walk down D-St: Sensex, Nifty fall 1%; investors lose Rs 1.85 lakh crore in a day
    Moneycontrol
    NewsBot
    Sep 30 4:03 PM
    Asian Paints slips on Morgan Stanley downgrade; remains among its favourite long-term play
    Moneycontrol
  • ASIANPAINT - Related Communities

    keyboard_arrow_down
    Asian Paints Ltd. Sector: Paints and...
    Berger Paints (India) Ltd. Sector: P...
    Kiri Industries Ltd. Sector: Paints a...
    Atul Ltd. Sector: Paints and Pigments
    Sudarshan Chemical Industries Ltd. Se...
    Bodal Chemicals Ltd. Sector: Paints a...
    Kansai Nerolac Paints Ltd. Sector: Pa...
    Vidhi Specialty Food Ingredients Ltd....
    Poddar Pigments Ltd. Sector: Paints a...
    Bhageria Industries Ltd. Sector: Pain...
  • ASIANPAINT - More Information

    keyboard_arrow_down

    Asian Paints Ltd:
    Asian Paints Limited, along with its subsidiaries, is involved in manufacturing, selling, and distributing paints and coatings for both domestic and commercial use worldwide. Asian Paints Limited was incepted in 1942 having headquartered in Mumbai, India.
    Asian Paints Ltd manufactures paints and Home Improvement products. The company has been offering interior and exterior wall finishes, metal finishes, wood finishes, waterproofing products, adhesives, bath fittings, wardrobes, and wall coverings, along with colour consultancy, home painting and interior design services. It also produces varnishes, enamels, surfacing preparations, organic composite solvents and thinners, and other related products. Besides that, sanitary ware made of metal, such as bath, sinks, washbasins etc. along with modular kitchens and kitchen accessories, and several home décor products and accessories are also manufactured by Asian Paints Ltd. The company is residing amongst the leading paint companies all over the globe for many years.
    Company Information:
    Having a long list of operation in 22 countries and 27 paint manufacturing facilities along with subsidiaries such as Berger International, SCIB Paints, Apco Coatings and Taubmans, Asian Paints Ltd is playing a leading role in the international paint manufacturing market.
    In 1965, Asian Paints Ltd changed its name to Asian Paints (India) Pvt Ltd. The company was recognized as a public limited company in1973. In 1972, a modernization programme was taken by the company to develop the paint production techniques through developing the entire machinery system of the existing production. Asian Paints inaugurated a paint unit at Patancheru near Hyderabad, for manufacturing 15,000 MT of paints and enamels in 1985. In 1987, the company established a plant for the production of synthetic rubbers lattices having the capacity of 1,200 tonnes per annum.
    In 1990, two joint venture companies, namely Asian Paints (South Pacific) Ltd, and Asian Paints (Tonga) Ltd, were promoted by the company. In May 1991, 1910000 equity shares of Pentasia Chemicals Ltd from TIDCO were acquired by the company, and that made PCL a subsidiary of the company. In 2001, the company launched Utsav Enamel. In 2002, the company upgraded its international operations by transferring a significant amount of shares to the Mauritius based subsidiary Asian Paints International. An agreement was signed between Berger International and PT Abadi Coatings Solusi in the year 2003. A plant for the production of powder coating was carried at Baddi, Himachal Pradesh in 2006. In September 2007, the company launched exclusive industrial coatings manufacturing facility at Taloja in Maharashtra, having a capacity of 14,000 KL per annum. A polymer plant was established at Sriperumbudur in 2008.
    During the year 2010-11, the capacity of synthetic resins and polymer was increased by 50,000 MT. The company commenced developing a decorative paint plant at Khandala near Pune having an initial ability of 300,000 KL per annum investing around Rs. 1000 crore.
    Their company planned to expand the Khanadla plant up to the capacity of 400,000 KL per annum later. Asian Paints, having an intention to intervene in the Home Improvement and Decor space in India, captured 51% stake in Sleek International Private Limited (Sleek), in August 2013. Asian Paints started to possess the whole front and sales business of Ess Ess Bathroom Products Pvt Ltd in June 2014 along with Networks, Brands, and Sales Infrastructure.
    In April 2017, acquisition of 100% stake of Causeway Paints Lanka (Private) Limited, Sri Lanka (CPLPL) was carried by Berger International Private Limited (BIPL), Singapore, an indirect subsidiary of Asian paints. On September 2017, BIPL’s wholly-owned subsidiary PT Asian Paints Indonesia, Indonesia (PT API) planned to develop its manufacturing operations with a capacity of 5,000 tons per annum in the Jawa Barat region in Indonesia. On December 2017, further acquisition of the remaining 49% stake in kitchen solution provider Sleek International Private Limited was carried by Asian Paints, and thus it entirely became the subsidiary of Asian paints Ltd.
    How Asian Paints Ltd is categorised as Paint Sector and Paints/ Pigments Industry:
    The paints sector includes companies that derive its business that deals with paint products. Paint sector is mostly based on raw material intensive and as the raw materials are petroleum-based, the pain sector benefits from decreasing crude prices.
    Asian Paints Ltd is categorised as Paint Sector and Paints and Pigments Industry. The paint industry's two main products are Decorative and Industrial paints. Paints are generally made up of pigments. As the housing sector is booming with rapid urbanization and easy housing loans, the demand for decorative paint is rapidly increasing. An average increase in growth of about 10% in the automobile sector offers an average growth in industrial paints segment too.
    Asian Paints Ltd, Competitors and Sector Peers:
    Akzo Nobel India Ltd. ICIIN
    Berger Paints (India) Ltd. BERGPA
    Bombay Paints Ltd.[Merged] BOMPAI
    Jenson & Nicholson (India) Ltd. JENS
    Kansai Nerolac Paints Ltd. KANNER
    Mitshi India Ltd. DERPAI
    Sarika Paints Ltd. SARPAI
    Shalimar Paints Ltd. SHAPAI
    SIL Business Enterprises Ltd. SILBUS
    Sirca Paints India Ltd. SIRPAI
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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