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Asian Paints Share Price Today
Hold Asian Paints: target of Rs 2475 : Sharekhan
Sharekhan recommended hold rating on Asian Paints with a target price of Rs 2475 in its research report dated February 05, 2025.
Asian Paints shares plunge 5% post Q3 results; should you buy, hold or sell stock?
Asian Paints shares fell 5.10 per cent to hit a low of Rs 2,235. The stock has corrected 23 per cent in the past three months, and is now trading at 41 times FY27 EPS, as per analyst estimates.
Asian Paints Share Price Falls After Q3 Results, Weak Urban Demand Outlook
Rise in competitive intensity for market share, talent, and shelf-space, and mind share will keep Asian Paints' margins under pressure. To add to that, weakness in urban demand and a rise in competition in terms of mergers and acquisitions may also hurt earnings, ultimately leading to rating downgrade, Citi said.
Asian Paints shares fall nearly 5% after analysts cut EPS targets further post Q3
"sell" rating on the stock, while the number of analysts with a "hold" and "buy" recommendation on Asian Paints stood at 11 and 10 respectively.
Asian Paints Share Price Today: Stock Sheds 5%, Paint Seems to Be Drying Up - Here's Why
The share price of Asian Paints Ltd. dropped by about 5% following the release of subpar third-quarter results. Asian Paints announced the financial results of the Company for the quarter and nine-month period ended 31st December 2024.
Asian Paints' Earnings Estimates Cut By Citi After Q3 Disappointment
After Asian Paints Ltd. posted disappointing results for third quarter, Citi Research cut its earning per share estimates by 3% and highlighted concerns regarding the near-term growth outlook. The brokerage maintained a 'sell' rating, with a target price of Rs 2,300 apiece, implying a 2.1% upside from Tuesday's closing price.
Asian Paints Q3 Results: Net profit of ₹1,128 crore; margin and volumes beat expectations
Asian Paints reported a 6% decline in its revenue for the quarter compared to the year-ago period. The revenue of ₹8,549 crore was lower than the CNBC-TV18 poll of ₹8,830 crore.
Asian Paints reports 23.5% drop in Q3 profit amid weak demand
Asian Paints Limited reports decline in profits, with decorative business affected by muted demand, while industrial business shows growth.
Asian Paints Q3 volume growth overshadows earnings miss, shares jump
India's Asian Paints missed third-quarter profit estimates on Tuesday, but stronger-than-expected volume growth in its core domestic decorative business sent its shares up as much as nearly 6%. Shares closed 2.
Asian Paints shares drop over 3 pc after Q3 earnings
Shares of Asian Paints on Wednesday dropped more than 3 per cent after the firm reported a decline of 23.5 per cent in consolidated net profit for the December quarter. The stock ended 3.38 per cent lower at Rs 2,
13h
Growth streak stalls for Asian Paints amid brush with challenges
Earnings downgrades, sluggish urban demand, and intensifying competition are weighing on Asian Paints. As Birla Opus scales ...
23h
Asian Paints (India) falls Wednesday, underperforms market
Asian Paints (India) Ltd. closed 32.95% below its 52-week high of 3,394.00 rupees, which the company achieved on September ...
1d
Asian Paints Q3 show fails to impress brokerages, stress in urban demand to continue for few quarters
Asian Paints is cautiously optimistic on a recovery in demand conditions while it shall continue to invest in its brand and ...
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