Asian Paints Ltd. (NSE: ASIANPAINTS) is a leading paint company in India with a 52-week high of Rs. 1,294.85 and a 52-week low of Rs. 964.60. The company has a strong analyst consensus estimate for fiscal year 2020 with key financials including a market capitalization of Rs. 474, dividend yield of 0.84%, price-to-earnings ratio of 22.72, and beta of 0.85. Recent analyst ratings have been positive with a 12-month price target of Rs. 1,360.00, indicating upside potential of 5.14%.
What is the 52-week high and low for Asian Paints Ltd. (NSE: ASIANPAINTS)
Asian Paints Ltd. (NSE: ASIANPAINTS) is one of the leading paint companies in India with a 52-week high of Rs. 1538.95 and a 52-week low of Rs. 1167.65. The company has a strong presence in the domestic market with a market share of 53%. It also has a growing international business with operations in 17 countries. The company’s products are available in over 1 million retail outlets in India and its products are exported to over 60 countries.
What are analysts’ consensus estimates for Asian Paints Ltd.’s earnings per share for fiscal year 2020
Asian Paints Ltd. is expected to report earnings per share of Rs 137.10 for fiscal year 2020, according to analysts’ consensus estimates. This would represent a significant increase from the company’s earnings per share of Rs 97.30 in fiscal year 2019. Asian Paints Ltd. has been one of the most successful paint companies in India, and its strong performance is expected to continue in fiscal year 2020. The company’s strong financial position and favorable industry trends are expected to drive its earnings growth in the upcoming year.
What are some key things to know about Asian Paints Ltd.’s financials
Asian Paints Ltd. is an Indian multinational paint company headquartered in Mumbai, Maharashtra. The company has operations in 17 countries across the world with 23 paint manufacturing facilities. It is the largest paint company in India and Asia, and the third largest paint company in the world by volume with a turnover of Rs. 133.3 billion (US$2.1 billion) in 2019.
The company was founded in 1942 by four friends – Champaklal H. Choksey, Arvind V. Raval, Suryakant C. Dani, and Manubhai M. Parekh. Asian Paints Ltd. went public in 1973 and today, the company’s shares are listed on both the Bombay Stock Exchange and the National Stock Exchange of India. The company has a diversified portfolio of products that cater to a wide range of customer segments including decorative paints, industrial paints, auto paints, and Adhesives.
Some key things to know about Asian Paints Ltd.’s financials include:
– The company had a revenue of Rs. 133.3 billion (US$2.1 billion) in 2019
– It has a diversified product portfolio that caters to a wide range of customer segments
– The company has operations in 17 countries across the world with 23 paint manufacturing facilities
– It is the largest paint company in India and Asia, and the third largest paint company in the world by volume
How has Asian Paints Ltd.’s stock price performed over the last five years
Asian Paints Ltd. (NSE: ASIANPAINT) is India’s largest paint company and ranked as the 19th most valuable brand in India according to Brand Finance. The company has a market capitalization of Rs 84,580 crore (US$ 11.9 billion) as of April 2019. The company operates in 17 countries and has 23 paint manufacturing facilities in the world. It is the third largest paint company in Asia and second largest in India.
The company’s revenue and profit have grown at a compound annual growth rate (CAGR) of 15% and 20% respectively over the last five years. Its stock price has also grown steadily during this period, from Rs 1,000 in April 2014 to Rs 2,000 in April 2019. This represents a CAGR of 15%, which is slightly higher than the company’s revenue growth rate during this period.
Overall, Asian Paints Ltd.’s stock price has performed well over the last five years, growing at a slightly higher rate than the company’s revenue.
What is Asian Paints Ltd.’s market capitalization
Asian Paints Ltd. is an Indian multinational paint company headquartered in Mumbai, Maharashtra. The company has a market capitalization of Rs. 138,752 crore as of March 2020. It is India’s largest and Asia’s third-largest paint company by market capitalization. Asian Paints was founded in 1942 and has its operations in 17 countries across the world. The company manufactures a wide range of paints for decorative, industrial and automotive applications.
What is the dividend yield for Asian Paints Ltd. stock
Asian Paints Ltd. (BSE: 500820) is an Indian multinational paint company headquartered in Mumbai, Maharashtra. The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, home improvement and decorative products.
The dividend yield for Asian Paints Ltd. stock as of March 2020 is 1.35%.
What is Asian Paints Ltd.’s price-to-earnings ratio for fiscal year 2020
Asian Paints Ltd.’s price-to-earnings ratio for fiscal year 2020 is 22. This means that for every Rupee of earnings, the company’s stock is worth 22 Rupees. Asian Paints is a leading paint manufacturer in India with a strong presence in the country’s burgeoning construction and home improvement market. The company has been growing its earnings at a healthy clip in recent years, and its share price has followed suit. Given the continued strong performance of the Indian economy, it seems likely that Asian Paints will continue to grow its earnings and generate healthy returns for shareholders.
What are some recent analyst ratings for Asian Paints Ltd. stock
Asian Paints Ltd. (BSE: 500820, NSE: ASIANPAINT) stock was down 1.4% on Monday after CLSA upgraded the stock from ‘sell’ to ‘outperform’ with a revised price target of Rs 1,850 per share. The research firm believes that the company’s rural focus and growth strategy will help it outperform the market.
Morgan Stanley has also upgraded Asian Paints stock from ‘underweight’ to ‘equal-weight’ with a revised price target of Rs 1,700 per share. The global investment bank believes that the company is well-positioned to benefit from the rural recovery.
What is the beta for Asian Paints Ltd. stock
Asian Paints Ltd. is a leading paint company in India with a strong presence in the Asian market. The company has a wide range of products and services that cater to the needs of both residential and commercial customers. The company’s stock is traded on the Bombay Stock Exchange and the National Stock Exchange of India. The beta for Asian Paints Ltd. stock is 1.15, which means that the stock is slightly more volatile than the market as a whole.
What are some of the risks faced by Asian Paints Ltd.
Asian Paints Ltd. is one of the leading paint companies in India with a market share of over 50%. The company has a strong brand value and equity and is the preferred choice of many Indian consumers. However, the company faces certain risks that could impact its business adversely.
Some of the risks faced by Asian Paints Ltd. include:
1) Competition from other paint companies: There are many other paint companies in India that compete with Asian Paints Ltd. Some of these companies have a strong presence in specific regions of the country and offer products at lower prices. This could impact the market share of Asian Paints Ltd. negatively.
2) Fluctuations in raw material prices: Raw materials used for manufacturing paints are volatile in nature and their prices can fluctuate significantly. This can have an adverse effect on the margins of Asian Paints Ltd.
3) Dependence on retailers: Asian Paints Ltd. sells its products through a network of retailers across the country. If there is a decline in sales through this channel, it could have a negative impact on the company’s revenues.
4) Economic slowdown: A slowdown in the economy can lead to a reduction in demand for paints and other home improvement products. This could have a negative impact on the financial performance of Asian Paints Ltd.