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Asian Paints shares down 20% from one-year high; analyst suggests more pain

Asian Paints share price: The stock slipped 0.58 per cent today to hit a low of Rs 2,851.90. At this price, the stock has plunged 20.05 per cent from its one-year high value of Rs 3,566.90, a level seen on July 24 last year.

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asian paints shares: Asian Paints shares fall 6% post Q3 earnings Should you buy, sell or hold?

Asian Paints shares dropped due to disappointing December quarter earnings. Kotak Institutional Equities recommended a Reduce rating, Motilal Oswal reiterated a Neutral view, while Nuvama remained upbeat with a buy recommendation. Asian Paints reported a 35% YoY rise in consolidated net profit for the quarter. Consolidated revenue from operations grew by 5.4% YoY.

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Asian Paints Q3 preview: Festival demand may lift net profit up to 30%; robust volumes eyed

Asian Paints will likely deliver revenue growth of around eight percent, led by the low base as well as the upsurge in the real estate sector

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Analyst Call Tracker | Asian Paints outlook dull as Grasim entry raises competition concerns

Asian Paints had 11 buy calls, an equal number of hold calls and 15 sells at the end of December

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Asian Paints shares in focus today as company raises capacity of Khandala plant

Shares of Asian Paints ended 0.28% lower at Rs 3088.95 in the previous session on BSE. Market cap of Asian Paints stood at Rs 2.96 lakh crore.

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