Asian Paints Ltd.

Asian Paints is currently trading at Rs. 3092.85, up by 3.90 points or 0.13% from its previous closing of Rs. 3088.95 on the BSE.

The scrip opened at Rs. 3081.05 and has touched a high and low of Rs. 3098.20 and Rs. 3078.20 respectively. So far 19478 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3566.90 on 24-Jul-2023 and a 52 week low of Rs. 2686.15 on 27-Jan-2023.

Last one week high and low of the scrip stood at Rs. 3110.20 and Rs. 3041.05 respectively. The current market cap of the company is Rs. 295432.92 crore.

The promoters holding in the company stood at 52.63%, while Institutions and Non-Institutions held 27.70% and 19.67% respectively.

Asian Paints has increased original installed production capacity at Khandala plant to 4,00,000 KL per annum in order to meet the medium-term capacity requirements of the Company. An amount of around Rs 385 crore has been invested by the Company towards the above increase in installed capacity and the same has been funded through internal accruals. Earlier, the plant at Khandala had an installed production capacity of 3,00,000 KL per annum.

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.