Asian Paints Ltd (ASPN.NS)
4,747.00INR
11:24am IST
Rs-26.60 (-0.56%)
Rs4,812.80
Rs4,752.00
Rs4,795.90
Rs4,733.60
16,230
105,304
Rs5,050.00
Rs3,432.40
About
Overall
| Beta: | 0.58 |
| Market Cap (Mil.): | Rs461,642.69 |
| Shares Outstanding (Mil.): | 95.92 |
| Dividend: | 36.50 |
| Yield (%): | 0.96 |
Financials
| ASPN.NS | Industry | Sector | |
|---|---|---|---|
| P/E (TTM): | 41.14 | 20.50 | 21.73 |
| EPS (TTM): | 117.00 | -- | -- |
| ROI: | -- | 7.76 | 16.38 |
| ROE: | -- | 9.46 | 18.68 |
ITC cheapest among large-cap peers: StarMine
Reuters Market Eye - Shares in India's biggest cigarette maker ITC are the cheapest compared with large-cap domestic consumer good peers such as Hindustan Unilever, Nestle India and Asian Paints, according to Thomson Reuters StarMine data.
MARKET EYE-Deutsche downgrades India's Asian Paints to 'sell'
* Deutsche Bank downgrades Asian Paints Ltd to "sell" from "hold", saying valuations are running ahead of fundamentals. * The investment bank says the stock is trading at an all-time high valuation despite rising competition. * "Incremental market gains for APNT appear improbable as competition is no longer sleepy," Deutsche said in a report on Wednesday. * Shares of Asian Paints were up 0.5 percent. (abhishek.vishnoi@thomsonreuters.com /; abhishek.vishnoi.thomsonreuters.com@reuters.net)
Morgan Stanley starts Asian Paints at 'overweight'
Reuters Market Eye - Morgan Stanley initiated coverage of Asian Paints Ltd with an "overweight" rating and a target price of 5,220 rupees.
MARKET EYE-Morgan Stanley starts India's Asian Paints at 'overweight'
* Morgan Stanley initiated coverage of Asian Paints Ltd with an "overweight" rating and a target price of 5,220 rupees. * The investment bank says the paint maker will enjoy "strong" revenue growth, with gross margins expected to expand by 300 bps in fiscal years 2012-2015. * Asian Paints also deserves a premium in terms of valuations, Morgan Stanley says. * "We think competitors are unlikely to match its distribution reach and logistics strength over the next five years," the bank writes in a

Estimates