Domestic brokerage Nuvama has a strong anti-consensus ‘BUY' on Asian Paints with a target price of ₹3,390. The brokerage expects further improvement in demand trends, particularly in urban markets.
3 min read21 Nov 2025Paint stocks are experiencing a positive trend with Asian Paints and Indigo Paints leading gains ahead of the festive season. Analysts predict demand growth despite potential regional slowdowns, with recovery expected in Q3 as conditions improve for painting activities.
2 min read17 Sep 2025India's largest paint maker is seeing growth, but not where it wants. Luxury emulsions underperformed in Q1 while the economy and mid-tier categories drove growth.
2 min read30 Jul 2025Of the 38 brokers covering the stock, barely a handful are still positive on it. Is this pessimism warranted, or will India's leading paintmaker take everyone by surprise?
6 min read3 Jun 2025Demand for decorative paints is likely to remain muted in H1FY26, owing to an earlier-than-expected monsoon. If demand fails to improve in the second half of FY26, another round of de-rating could ensue.
3 min read29 May 2025ICICI Securities warns of inflationary impact on paint industry amid crude oil price surge. Competitive activity may result in reduced advertising budgets and more competitive trade and consumer schemes. It maintains a 'Hold' rating on Akzo Nobel and Indigo Paints.
2 min read23 Apr 2024The top five paint companies in India based on market capitalisation are Asian Paints, Berger Paints, Kansai Nerolac, Akzo Nobel, and Indigo Paints. Tough competition may erode margins for established players in the segment.
4 min read20 Mar 2024