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Asian Paints Share Price Live Updates: Asian Paints Price Analysis

Asian Paints Share Price Live Updates: Asian Paints Price Analysis

Time of Indiaa day ago

11 Jun 2025 | 12:48:21 PM IST Welcome to the Asian Paints Stock Liveblog, your real-time source for the latest updates and comprehensive analysis on a prominent stock. Dive into the current details of Asian Paints, including: Last traded price 2218.0, Market capitalization: 215191.23, Volume: 904562, Price-to-earnings ratio 58.68, Earnings per share 38.23. Our liveblog offers a complete overview of Asian Paints through a blend of fundamental and technical indicators. Stay informed about breaking news that can shape Asian Paints's performance in the market. Our market analysis and expert opinions empower you to make informed investment decisions. Join us as we unravel the potential of Asian Paints in the ever-changing market landscape. The data points are updated as on 12:48:21 PM IST, 11 Jun 2025 Show more

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Reliance Industries trims 3.64% stake in Asian Paints, SBI MF buys for Rs 7,703 crore, Siddhant Commercials shareholding drops to 1.26%
Reliance Industries trims 3.64% stake in Asian Paints, SBI MF buys for Rs 7,703 crore, Siddhant Commercials shareholding drops to 1.26%

Time of India

time2 hours ago

  • Time of India

Reliance Industries trims 3.64% stake in Asian Paints, SBI MF buys for Rs 7,703 crore, Siddhant Commercials shareholding drops to 1.26%

Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) has divested a 3.64% stake in Asian Paints Ltd through a block deal valued at Rs 7,703.50 crore. The transaction, executed on Thursday via RIL's affiliate Siddhant Commercials Pvt Ltd, saw SBI Mutual Fund emerge as the buyer, significantly raising its holding in the company. Tired of too many ads? go ad free now According to data available with the National Stock Exchange (NSE), Siddhant Commercials sold 3.50 crore equity shares in Asian Paints at an average price of Rs 2,201 per share. This offloading reduced the RIL arm's stake in the company from 4.90% to 1.26%. SBI Mutual Fund's shareholding in Asian Paints rose sharply following the acquisition, moving from 1.51% to 5.15%. The fund house's large-scale purchase highlights its confidence in the long-term value of India's largest decorative paints manufacturer. Shares of Asian Paints reacted positively to the development, closing 0.73% higher at Rs 2,225 apiece on the NSE. The transaction comes amid broader moves by Reliance Industries to restructure and monetize select non-core investments, while institutional investors like SBI MF continue to consolidate positions in fundamentally strong businesses.

Paint companies face profitability challenges amidst high competition
Paint companies face profitability challenges amidst high competition

Time of India

time2 hours ago

  • Time of India

Paint companies face profitability challenges amidst high competition

MUMBAI: Investor woes in shares of paints companies may be far from over as the hyper competition in the sector and tepid demand are expected to continue squeezing profitability in the sector. With valuations remaining elevated despite the recent underperformance in the shares, money managers and analysts are less enthusiastic about their prospects in the foreseeable future. So far in 2025, Asian Paints is down 4.2% and Kansai Nerolac has fallen 4.5%. Berger Paints bucked the trend, rising 24%. In comparison, the Nifty 50 is up 6%. Morgan Stanley said this 'de-rating' is not yet done. "While there is consensus on the sell side on growth and ratings, we think the exact extent of a potential de-rating for paint stocks is not yet understood," said the brokerage in a recent note. The apathy for paints shares among investors and analysts is a contrast to the situation three years ago when they were Dalal Street darlings for over a decade. The entry of deep-pocketed players like the Aditya Birla Group into the sector has resulted in companies focussing on fighting for market share, putting pressure on profitability. "The overall competitive intensity will remain high for the next two years," said Aniruddha Kekatpure, head of research at Edelweiss Mutual Fund . "If the new entrant executes better than expected, the stock prices of incumbents will likely continue to languish." The recent declines in paint shares have removed some froth of their valuations, which were considered among the most expensive in the consumer-facing businesses. "While valuations have moderated from their post-COVID highs, they continue to remain elevated amid persistent growth and margin pressures," Vaqarjaved Khan, senior fundamental analyst at Angel One. Khan said the estimated Price to Earnings (P/E) ratio - a popular valuation measure - for most paint companies still hovers around 48-55x, a rich multiple, especially when the growth outlook for FY26 appears clouded.

Mukesh Ambani makes big move, sells stake worth Rs 77076598394 in this company due to..., company is...
Mukesh Ambani makes big move, sells stake worth Rs 77076598394 in this company due to..., company is...

India.com

time2 hours ago

  • India.com

Mukesh Ambani makes big move, sells stake worth Rs 77076598394 in this company due to..., company is...

Mukesh Ambani (File) In a significant move, billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) has sold around 35 crore of its equity shares in Asian Paints at Rs 2,201 apiece for a total of approximately Rs 7,703.5 crore. According to an exchange filing by RIL on Wednesday, the oil-to-telecom conglomerate revealed that it has offloaded 35 million equity shares of Asian Paints through its subsidiary Siddhant Commercials Limited at Rs 2,201 per share. Before the sale, Siddhant Commercials, a subsidiary of Mukesh Ambani's Reliance Industries, owned a 4.9 percent stake in Asian Paints, as of March 2025. After the block deal, Reliance now holds 8.7 million (87 lakh) equity shares in Asian Paints, as per the filing. Largest stakeholders in Asian Paints While RIL's major block deal has altered the overall shareholding pattern in Asian Paints, the Life Insurance Corporation of India (LIC) remains the company's largest shareholder with an 8.29 percent stake, while domestic mutual funds collecting own a 5.67 percent equity in the firm. As per a report by The Mint, ICICI Prudential Mutual Fund and SBI Mutual Fund own a 1.24 percent and 1.51 percent, stake in Asian Paints, while over 1.17 crore small investors hold 11.84 per cent equity, each holding valued as less than Rs 2 lakh. Notably, the buyers who were part of RIL's block deal remain undisclosed as of yet. Meanwhile, the shares of Reliance Industries closed at Rs 1,439.60 apiece on the BSE , while Asian Paints ended the day at Rs 2,218.05.

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