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Asian Paints

Asian Paints

Asian Paints is an Indian multinational paint company which is headquartered in Mumbai, Maharashtra. The company is committed to provide basic and industrial chemicals, decorative paints, industrial finishing products and coatings. Its other products are related to home decor and bath fittings.

It is India's largest and Asia's third largest paint corporation. The company operates in 16 countries and services consumers in over 65 countries. Its foundation stone was laid in 1942. The firm is among the major players in the Indian paint industry.

 

It was set up as a partnership firm by four friends- Champaklal Choksey, Chimanlal Choksey, Suryakant Dani and Arvind Vakil. Having an innovative spirit and strong consumer-focus, the company has been the market leader in paints since 1967. It manufactures a wide range of paints for decorative and industrial use.

 

The company's vision is to be the fore runner of inspiring decor and to actively empower customers to create their dream homes.

 

The company is also active in its corporate social responsibility by being inclusive of its community through a range of social interventions, enhancing skills and building social infrastructure to improve their quality of life. Its CSR focus areas include Education, Skills Development, Healthcare/Hygiene and Water Management.

 

It also has its own colour academy called 'The Asian Paints Colour Academy' equipped with modern facilities, workshops for hands on trainings, inspiration area and contractor resource centre in order to continually to continually upskill existing painters into specialists.

Besides Asian Paints, the group also operates through its subsidiaries like Berger International, Apco Coatings, SCIB Paints, Taubmans, Causeway Paints and Kadisco, across the world.

It was the top ranked Indian company in the "Forbes Most Innovative company List" in 2017.

More Stories on Asian Paints
 Sensex closed 610 pts higher at 74,340 and Nifty ended 207 pts higher at 22,544 in the current session.

Sensex, Nifty rise for second session but recovery may face disruption; here's why 

Mar 06, 2025

Market rally today: Stocks such as Asian Paints, NTPC, Reliance Industries, Tata Steel, Bajaj Finserv, HUL, Sun Pharma, Adani Ports, Axis Bank, TCS, Titan, Bajaj Finance and HCL Technologies were the top gainers on Sensex, rising up to 4.70%.

Shares of market leader Asian Paints rose 4.5% intraday to Rs 2,259 against the previous close of Rs  2,65.25 on BSE.

Asian Paints, Berger Paints, Deepak Nitrite, Alkyl Amines, IndiGo shares rise as brent crude falls to four-year low 

Mar 06, 2025

Brent crude oil declined to its lowest level today since January 2021. Brent crude oil prices slipped to $69.4 per barrel.

Indian equity benchmarks saw a sharp recovery today amid a broad-based buying interest.

IREDA, IRFC, Tata Motors, L&T, HDFC Bank & Asian Paints: What Rahul Ghose of Hedged says on these stocks

Mar 05, 2025

"Even if the market (Nifty) goes up to 22,500-22,700, it should not be construed as a trend change. 2025 is going to be a lacklustre year and there would be a lot of sideway moves," the market expert told Business Today.

Stocks such as Bajaj Finserv, HCL Technologies, Nestle India, Asian Paints, Bharti Airtel, Sun Pharma, Infosys, Maruti and Titan were the top losers on Sensex, falling up to 2.70%.

Nifty logs longest losing run, signs of recovery visible?

Mar 04, 2025

Sensex, Nifty today: In the current session, Sensex fell 96 pts to 72,989 and Nifty slipped 36 pts to 22,082.

BSE Sensex has dropped more than 15.5 per cent from its 52-week lows, while Nifty50 index has tumbled 16.4 per cent from its all-time high, hit in September 2024.

LIC, Tata Motors, Asian Paints & more: SMIFS picks 8 stocks with up to 170% upside potential

Mar 04, 2025

Domestic brokerage firm SMIFS has shared eight stocks including Life Insurance Corporation of India, Tata Motors, Asian Paints and other with up to 172 per cent upside potential.

UltraTech Enters Cables & Wires! What It Means for Polycab, Havells, KEI Investors

Feb 27, 2025

UltraTech Cement’s foray into the wires and cables segment has sent ripples across the industry, with stocks of key players like Polycab India, Havells, KEI Industries, and RR Kabel witnessing a sharp decline of up to 19%. Deven Choksey, MD, DR Choksey FinServ, believe that while UltraTech’s entry is a strategic move aligned with India’s long-term infrastructure growth, established players in the segment may not face an immediate threat. He highlights that companies with strong service capabilities and market presence, similar to how Asian Paints dominates its sector, will continue to hold ground. UltraTech’s diversification mirrors a broader trend of conglomerates expanding their portfolios, but cracking the market will require significant effort, product differentiation, and sustained execution.

The current one-year forward PE valuations for the three stocks are at steep discount to historical averages, Systematix Institutional Equities said. 

Asian Paints, Berger, Kansai Nerolac: Buy these 3 stocks for up to 49% returns, says Systematix

Feb 20, 2025

Systematix has maintained 'Buy' ratings on Asian Paints, Berger Paints and Kansai Nerolac Paints with target prices of Rs 2,870, Rs 625 and Rs 340, respectively. It continued to prefer Berger Paints in the space.

Market Down! Top IT, Banking, FMCG & Metals Stocks To Buy For Value

Feb 17, 2025

Kiran Jani, Head of Technical Research at Jainam Broking, provides an in-depth analysis of value stocks across key sectors, highlighting strong buying opportunities in IT, banking, FMCG, and metals. Recommended stocks include Wipro, HDFC Bank, Kotak Bank, Reliance, HUL, Asian Paints, and JSW Steel. These picks are based on key technical indicators, strong support levels, and expected market trends, including the potential for RBI rate cuts in 2025, which could drive stock performance.

 Market crash: 496 shares fell to their 52-week lows on BSE today, reflecting weak market sentiment.

Tata Motors, RIL, PowerGrid, Asian Paints shares hit 52-week low: Price targets, outlook and more 

Feb 12, 2025

Sensex crashed 835.66 points to 75,457.94 and Nifty fell 252.85 points to 22,818.95 in early deals today.

Stock market correction: With the current 13 per cent correction in place, the market has approached both price-wise and time-wise correction levels, it said. 

BSE m-cap below Rs 400L cr mark; RIL, Tata Motors among 4 Sensex stocks at 52-week lows

Feb 12, 2025

Reliance Industries Ltd, Tata Motors Ltd, Asian Paints Ltd and Power Grid Corporation of India Ltd were among four Sensex stocks hitting their fresh 52-week lows.

In the case of IndusInd Bank, Elara said the private lender seems to be transitioning through a period of uncertainties, which makes consistency elusive. 

5 Sensex stocks need 40-70% rally to revisit 52-week highs; worth buying?

Feb 11, 2025

Asian Paints Ltd at Rs 2,269.85 needs 50 per cent rally to revisit its September 2024 high of Rs 3,394. Weak urban demand is likely for few more quarters, said Nomura India.

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