ASIAN PAINTS (India) Today

ASIANPAINT -  India Stock  

INR 3,111  72.75  2.29%

Market Performance
0 of 100
Odds Of Distress
Over 52
ASIAN PAINTS is trading at 3110.70 as of the 7th of December 2021, a -2.29 percent decrease since the beginning of the trading day. The stock's open price was 3183.45. ASIAN PAINTS has 52 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for ASIAN PAINTS LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of November 2020 and ending today, the 7th of December 2021. Click here to learn more.
Asian Paints Limited, together with its subsidiaries, manufactures, sells, and distributes paints and coatings for decorative and industrial use in India and internationally. Asian Paints Limited was founded in 1942 and is based in Mumbai, India. ASIAN PAINTS operates under Specialty Chemicals classification in India and is traded on Bombay Stock Exchange. The company has 959.2 M outstanding shares. More on ASIAN PAINTS LTD
Follow Valuation Odds of Bankruptcy
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ASIAN PAINTS Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. ASIAN PAINTS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ASIAN PAINTS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ASIAN PAINTS LTD generated a negative expected return over the last 90 days
ASIAN PAINTS LTD has high likelihood to experience some financial distress in the next 2 years
About 48.0% of the company shares are held by company insiders
Legal NameASIAN PAINTS LTD
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of ASIAN PAINTS's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
ASIAN PAINTS LTD (ASIANPAINT) is traded on Bombay Stock Exchange in India and employs 7,500 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 2980 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ASIAN PAINTS's market, we take the total number of its shares issued and multiply it by ASIAN PAINTS's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. ASIAN PAINTS LTD operates under Basic Materials sector and is part of Specialty Chemicals industry. The entity has 959.2 M outstanding shares. ASIAN PAINTS LTD has accumulated about 17.38 B in cash with 26.32 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 18.12.
Check ASIAN PAINTS Probability Of Bankruptcy
Ownership
ASIAN PAINTS LTD retains a total of 959.2 Million outstanding shares. ASIAN PAINTS LTD retains substantial amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check ASIAN Ownership Details

ASIAN Stock Price Odds Analysis

What are ASIAN PAINTS's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of ASIAN PAINTS jumping above the current price in 90 days from now is about 68.08%. The ASIAN PAINTS LTD probability density function shows the probability of ASIAN PAINTS stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ASIAN PAINTS has a beta of 0.0091. This suggests as returns on the market go up, ASIAN PAINTS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ASIAN PAINTS LTD will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0462, implying that it can generate a 0.0462 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 3110.7HorizonTargetOdds Up 3110.7 
31.67%90 days
 3,111 
68.08%
Based on a normal probability distribution, the odds of ASIAN PAINTS to move above the current price in 90 days from now is about 68.08 (This ASIAN PAINTS LTD probability density function shows the probability of ASIAN Stock to fall within a particular range of prices over 90 days) .

ASIAN PAINTS LTD Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ASIAN PAINTS market risk premium is the additional return an investor will receive from holding ASIAN PAINTS long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ASIAN PAINTS. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ASIAN PAINTS's alpha and beta are two of the key measurements used to evaluate ASIAN PAINTS's performance over the market, the standard measures of volatility play an important role as well.

ASIAN Stock Against Markets

Picking the right benchmark for ASIAN PAINTS stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ASIAN PAINTS stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ASIAN PAINTS is critical whether you are bullish or bearish towards ASIAN PAINTS LTD at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ASIAN PAINTS without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please continue to Trending Equities. Note that the ASIAN PAINTS LTD information on this page should be used as a complementary analysis to other ASIAN PAINTS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for ASIAN Stock

When running ASIAN PAINTS LTD price analysis, check to measure ASIAN PAINTS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASIAN PAINTS is operating at the current time. Most of ASIAN PAINTS's value examination focuses on studying past and present price action to predict the probability of ASIAN PAINTS's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ASIAN PAINTS's price. Additionally, you may evaluate how the addition of ASIAN PAINTS to your portfolios can decrease your overall portfolio volatility.
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