Asian Paints’ inventory rose over 2% in early trade on September 7 to a 52-week excessive of Rs 3,393.70, as international analysis establishment Credit Suisse maintained an outperform name on the inventory with a goal of Rs 3,650 per share.
According to the research agency, demand continues to be buoyant, with waterproofing being a major progress sector. Given its appreciable pricing energy, it doesn’t anticipate long-term hurt to margin.
According to Credit Suisse, the early festive season in FY22, in addition to some pent-up demand, ought to assist Q2 demand.
The trailing 12-month (TTM) EPS for the corporate was Rs 35.41 per share. (June 20, 2021) The price-to-earnings (P/E) ratio of the corporate was 94.73. The firm‘s present e book worth is Rs 126.05 per share.
The inventory returned 151.94 % over three years, in comparison with 48.94 % for the Nifty 100 index. Asian Paints Ltd., based in 1945, is a Large Cap agency within the Building Materials business with a market capitalization of Rs 318,026.82 crore.
Since Oct. 16, 2000, Asian Paints Ltd. has given 45 dividends. Asian Paints Ltd. has declared an fairness dividend of Rs 17.85 per share within the final 12 months. This interprets to a dividend yield of 0.53 % on the present share worth of Rs 3352.90.
ICICI Securities and Yes Securities each gave the inventory a purchase score final week, with goal costs of Rs 3340 and Rs 3320, respectively.
| ASIAN PAINTS LTD FUNDAMENTALS |
| Parameter |
Values |
| Market Cap (Rs. in Cr.) |
321686.16 |
| Earning Per Share (EPS TTM) (Rs.) |
35.41 |
| Price To Earnings (P/E) Ratio |
94.71 |
| Book Value Per Share (Rs.) |
107.92 |
| Price/Book (MRQ) |
31.08 |
| Price/Earning (TTM) |
78.39 |
| ROCE (%) |
38.55 |
| PAT Margin |
14.11 |
| Dividend Yield |
0.53 |
| Face Value |
1 |
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