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Asian Paints trades higher on the BSE

04 Aug 2020 Evaluate

Asian Paints is currently trading at Rs. 1725.70, up by 20.75 points or 1.22% from its previous closing of Rs. 1704.95 on the BSE.

The scrip opened at Rs. 1725.00 and has touched a high and low of Rs. 1734.85 and Rs. 1710.75 respectively. So far 255372 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1915.90 on 09-Mar-2020 and a 52 week low of Rs. 1431.85 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1779.00 and Rs. 1697.50 respectively. The current market cap of the company is Rs. 165619.89 crore.

The promoters holding in the company stood at 52.79%, while Institutions and Non-Institutions held 27.16% and 19.96% respectively.

Asian Paints’ manufacturing facilities are working at up to 70 per cent capacities due to the impact of COVID-19 pandemic and resultant lockdowns. Its business has picked up progressively in tier 2, 3, 4 cities where the demand conditions were better, while in metros and some tier 1 cities, the pace of recovery is slow.

Asian Paints is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services. The Company's business segments are Paints and Home Improvement.

Peers
Company Name CMP
Asian Paints 2446.00
Berger Paints India 450.75
Kansai Nerolac Paint 182.20
JSW Dulux 3151.75
Indigo Paints 1132.10
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