ASIAN PAINT TO PAINT YOUR PORTFOLIO GREEN GREEN!!!!!!!

Asian Paints is a prominent player in the Indian paint industry, known for its strong market presence and consistent financial performance. As of January 24, 2025, the stock is trading at ₹2,261.80, which is approximately 33% below its 52-week high of ₹3,394.00 reached on September 16, 2024.

Over the past three years, the stock has underperformed, declining by about 20%, while the benchmark index rose by nearly 40% in the same period. However, over a ten-year horizon, Asian Paints has delivered a compound annual growth rate (CAGR) of 13%, slightly outperforming the benchmark's 11% CAGR.

The company's trailing twelve-month (TTM) price-to-earnings (P/E) ratio stands at 69.86, significantly higher than the sector average of 19.44, indicating a premium valuation.

Analyst opinions are mixed: out of 34 analysts, 2 have issued a strong buy rating, 6 recommend a buy, 10 suggest holding, and 11 advise selling the stock.

In the last quarter, Asian Paints reported a net profit of ₹694.64 crores. The company maintains a healthy financial position with a debt-to-equity ratio of 0.00, indicating no significant debt burden.