ASIANPAINT

UPDATE 24-12-18 TIME: 7:30 PM

High & Lows  of Asian Paints Ltd.

Duration One Week High Two Week High One Month High Three Months High Six Month High One Year High
Gain 21.20 82.85 42.65 85.10 89.35 219.05
Gain % 1.59 6.50 3.24 6.69 7.05 19.25
High 1433.90 1433.90 1433.90 1433.90 1490.60 1490.60
Low 1327.55 1252.15 1252.15 1118.00 1118.00 1090.10

Asian Paints 3 Month Data Performance

Date  Open Price  High Price  Low Price  Close Price Open High Open Low High Low Open Close High Close BTST open BTST High
24-Dec-18 1388 1388.95 1351.1 1357.05 0.95 36.9 37.85 -30.95 31.9 -0.2 0.75
21-Dec-18 1433.9 1433.9 1382.3 1388.2 0 51.6 51.6 45.7 45.7 8.1 8.1
20-Dec-18 1389.9 1431.55 1389.05 1425.8 41.65 0.85 42.5 35.9 5.75 -10.35 31.3
19-Dec-18 1370 1406.8 1370 1400.25 36.8 0 36.8 30.25 6.55 14.3 51.1
18-Dec-18 1338.45 1361 1327.55 1355.7 22.55 10.9 33.45 17.25 5.3 2.6 25.15
17-Dec-18 1340 1344.95 1330 1335.85 4.95 10 14.95 -4.15 9.1 -0.95 4
14-Dec-18 1332.8 1351 1320 1340.95 18.2 12.8 31 8.15 10.05 12.6 30.8
13-Dec-18 1338.45 1343.2 1316 1320.2 4.75 22.45 27.2 -18.25 23 7.55 12.3
12-Dec-18 1323 1337.2 1311.85 1330.9 14.2 11.15 25.35 7.9 6.3 -0.6 13.6
11-Dec-18 1268 1336.45 1252.15 1323.6 68.45 15.85 84.3 55.6 12.85 -6.2 62.25
10-Dec-18 1280 1306.25 1262.3 1274.2 26.25 17.7 43.95 -5.8 32.05 -38.65 -12.4
07-Dec-18 1306.5 1324 1298.4 1318.65 17.5 8.1 25.6 12.15 5.35 11.4 28.9
06-Dec-18 1324 1324.95 1286.6 1295.1 0.95 37.4 38.35 -28.9 29.85 -5.5 -4.55
05-Dec-18 1328.5 1343 1323.6 1329.5 14.5 4.9 19.4 1 13.5 -0.95 13.55
04-Dec-18 1336.55 1354.7 1326.45 1329.45 18.15 10.1 28.25 -7.1 25.25 -2.15 16
03-Dec-18 1345 1359 1335.05 1338.7 14 9.95 23.95 -6.3 20.3 -0.95 13.05
30-Nov-18 1352.8 1361.75 1342.15 1345.95 8.95 10.65 19.6 -6.85 15.8 2.5 11.45
29-Nov-18 1336 1355 1330.7 1350.3 19 5.3 24.3 14.3 4.7 11.75 30.75
28-Nov-18 1352.9 1354.55 1319.15 1324.25 1.65 33.75 35.4 -28.65 30.3 13.3 14.95
27-Nov-18 1346.8 1346.8 1326.05 1339.6 0 20.75 20.75 -7.2 7.2 -2.7 -2.7
26-Nov-18 1329.95 1357.55 1323.6 1349.5 27.6 6.35 33.95 19.55 8.05 15.55 43.15
22-Nov-18 1330 1330.7 1308.75 1314.4 0.7 21.25 21.95 -15.6 16.3 5.8 6.5
21-Nov-18 1329 1342.5 1313.75 1324.2 13.5 15.25 28.75 -4.8 18.3 22.15 35.65
20-Nov-18 1317 1331.05 1304.7 1306.85 14.05 12.3 26.35 10.15 24.2 4.85 18.9
19-Nov-18 1329 1329.85 1305 1312.15 0.85 24 24.85 -16.85 17.7 7.7 8.55
16-Nov-18 1320 1329.8 1313.2 1321.3 9.8 6.8 16.6 1.3 8.5 1.7 11.5
15-Nov-18 1320 1331.85 1313.4 1318.3 11.85 6.6 18.45 -1.7 13.55 -0.55 11.3
14-Nov-18 1312 1337.95 1302 1320.55 25.95 10 35.95 8.55 17.4 27.1 53.05
13-Nov-18 1277.45 1295.6 1277.45 1284.9 18.15 0 18.15 7.45 10.7 -1.35 16.8
12-Nov-18 1295 1314.9 1275.15 1278.8 19.9 19.85 39.75 -16.2 36.1 -0.6 19.3
09-Nov-18 1259.8 1308.9 1256.85 1295.6 49.1 2.95 52.05 35.8 13.3 8.85 57.95
07-Nov-18 1250 1254 1239.2 1250.95 4 10.8 14.8 0.95 3.05 11.5 15.5
06-Nov-18 1242.2 1255 1235 1238.5 12.8 7.2 20 -3.7 16.5 -1.85 10.95
05-Nov-18 1252 1260.65 1232.5 1244.05 8.65 19.5 28.15 -7.95 16.6 5 13.65
02-Nov-18 1242 1291.55 1241.25 1247 49.55 0.75 50.3 5 44.55 24.2 73.75
01-Nov-18 1233 1244.8 1213.8 1217.8 11.8 19.2 31 -15.2 27 2.6 14.4
31-Oct-18 1205.6 1234.95 1183.85 1230.4 29.35 21.75 51.1 24.8 4.55 9.3 38.65
30-Oct-18 1194.8 1208 1175.55 1196.3 13.2 19.25 32.45 1.5 11.7 -1.25 11.95
29-Oct-18 1194.8 1213.7 1186.5 1196.05 18.9 8.3 27.2 1.25 17.65 4.5 23.4
26-Oct-18 1200 1202 1168.35 1190.3 2 31.65 33.65 -9.7 11.7 -0.05 1.95
25-Oct-18 1180.5 1208.95 1175 1200.05 28.45 5.5 33.95 19.55 8.9 -6.4 22.05
24-Oct-18 1160 1199 1150.15 1186.9 39 9.85 48.85 26.9 12.1 21.55 60.55
23-Oct-18 1135.2 1190 1118 1138.45 54.8 17.2 72 3.25 51.55 -65.2 -10.4
22-Oct-18 1245 1247.15 1191 1200.4 2.15 54 56.15 44.6 46.75 9.6 11.75
19-Oct-18 1264 1287 1220.45 1235.4 23 43.55 66.55 -28.6 51.6 5 28
17-Oct-18 1282.2 1282.25 1255 1259 0.05 27.2 27.25 -23.2 23.25 14.6 14.65
16-Oct-18 1257 1282.9 1252.55 1267.6 25.9 4.45 30.35 10.6 15.3 6.7 32.6
15-Oct-18 1255 1257.2 1241.5 1250.3 2.2 13.5 15.7 -4.7 6.9 -6.2 -4
12-Oct-18 1233.9 1265.95 1233.9 1261.2 32.05 0 32.05 27.3 4.75 14.85 46.9
11-Oct-18 1201 1221.5 1190.45 1219.05 20.5 10.55 31.05 18.05 2.45 -24.95 -4.45
10-Oct-18 1205.9 1240.85 1180.9 1225.95 34.95 25 59.95 20.05 14.9 4.5 39.45
09-Oct-18 1254 1255.9 1191 1201.4 1.9 63 64.9 -52.6 54.5 6.2 8.1
08-Oct-18 1210 1254 1201.1 1247.8 44 8.9 52.9 37.8 6.2 0.5 44.5
05-Oct-18 1221.45 1240 1191.85 1209.5 18.55 29.6 48.15 -11.95 30.5 -3.25 15.3
04-Oct-18 1228 1239.2 1214 1224.7 11.2 14 25.2 -3.3 14.5 -23.75 -12.55
03-Oct-18 1264.9 1269 1246.15 1251.75 4.1 18.75 22.85 -13.15 17.25 -14.9 -10.8
01-Oct-18 1299 1307.9 1269 1279.8 8.9 30 38.9 -19.2 28.1 5.7 14.6
28-Sep-18 1293 1315 1286 1293.3 22 7 29 0.3 21.7 5.5 27.5
27-Sep-18 1294.8 1314 1276.45 1287.5 19.2 18.35 37.55 -7.3 26.5 12.8 32
26-Sep-18 1300 1303.5 1274 1282 3.5 26 29.5 -18 21.5 10.1 13.6
25-Sep-18 1271.8 1304.85 1257.15 1289.9 33.05 14.65 47.7 18.1 14.95 -0.15 32.9
24-Sep-18 1300 1316.65 1256 1271.95 16.65 44 60.65 -28.05 44.7
Average 18.08468 17.41774 35.50242 -1.22258 19.30726 2.177869 20.28607

Moving Average Performance of Asian Paints Ltd.

Duration Status Price
Five Days 1385.40
Ten Days 1357.85
Fifteen Days 1341.69
Twenty Two Days 1340.37
Thirty Days 1331.84
Fifty Days 1289.61
Hundred Days 1318.27
Two Hundred Days 1279.07

Technical Key 

MACD RSI Williams%R CMF PSAR EMA 50 SMA 100
23.02 53.89 -42.283 0.126 1310.77 1316.65 1318.27

 MACD

Status MACD Signal Line description
Daily 23.02 19.14 Macd Above Signal Line
Weekly 18.42 12.41 Macd Above Signal Line
Monthly 71.18 59.48 Macd Above Signal Line

ADX & RSI Status

Status ADX +DI -DI Status RSI
Daily 23.25 25.79 17.82 Daily 53.89
Weekly 19.89 22.28 21.86 Weekly 55.07
Monthly 24.51 29.31 18.14 Monthly 60.39

Bollinger band

Status Upper Band Middle band Lower Band description
Daily 1407.54 1341.21 1275.00
Weekly 1428.00 1312.00 1196.00
Monthly 1418.56 1219.50 1020.00

This Large Cap stock with Good quality but Expensive valuation looks Mildly Positive for Long Term. Also, with Flat quarterly financial trend and Bullish technicals, it looks Mildly Positive for Near Term.

Quarterly Financial Trend — FLAT

PAT (Q) Highest at Rs 559.85 cr. ROCE (HY) Lowest at 39.16 % Debtors Turnover Ratio (HY) Lowest at 15.17 times

Technicals  –BULLISH

Technical trend turned Bullish from Mildly Bullish on 06 Jul 2018 at Rs 1322.8

Moving Averages (daily) turned Bullish from Mildly Bearish on 15 May 2018 at Rs 1310.05

MACD (weekly) turned Bullish from Mildly Bullish on 27 Apr 2018 at Rs 1184.45

Quality — GOOD

Good quality company basis long term financial performance. Largest company in Paints sector

Valuation — EXPENSIVE

Over the last year, Price (22.54%) has increased more than Earnings (18.44%)

At the current stock price and financial performance the stock has Expensive valuation

1 Week Return 0.01% Underperformed both Sector by -0.17% and Sensex by -1.55%

1 Month Return -5.06% Underperformed both Sector by -2.67% and Sensex by -8.93%

Year To Date Return 20.26% Outperformed both Sector By 6.34% and Sensex By 7.94%

1 Year Return 22.54% Outperformed both Sector By 1.29% and Sensex By 1.48%

Performance Today : Inline with Sector

Consecutive Fall: Stock has been losing for the last 3 days and has fallen -1.16% in the period

Price Flat with Higher Volumes: Price has been relatively flat with a change of -0.10% while Vol has risen by 90.66% (Vol compared with 5 day avg vol till 12:15 PM)

Moving Averages: Stock has traded higher than 50 day, 100 day and 200 day moving average but lower than 5 day and 20 day moving average.

Falling Investor Participation: Delivery Vol of 4.00 lacs on 24 Aug has fallen by -30.97% against 5-day avg delivery vol

Ndustry — Paints

Market cap Rs 1,34,134 Cr (Large Cap) — P/E — 61.83 / Industry P/E — 57.37 / Dividend Yield — 0.62 %

Debt Equity -0.11 / Return on Equity — 24.24 % / Price to Book 15.95 / Net Sales — Rs 4,398.59 cr / Net Profit (Quarterly Results – Jun 2018) Rs 558.02 Cr

Standalone Quarterly Results

Total Operating income 3,706.24 3,775.35 -1.83%
Net Sales 3,706.24 3,775.35 -1.83%
Other Operating Income 0.00 0.00
Total Expenditure (Excl Depreciation) 2,881.41 2,989.99 -3.63%
Raw Material Cost 2,016.37 1,952.97 3.25%
Purchase of Finished goods 211.50 215.81 -2.00%
(Increase) / Decrease In Stocks -175.36 -80.33 -118.30%
Employee Cost 215.73 193.30 11.60%
Power Cost 0.00 0.00
Manufacturing Expenses 613.17 708.24 -13.42%
Selling and Distribution Expenses 0.00 0.00
Other Expenses 0.00 0.00
Operating Profit (PBDIT) excl Other Income 824.83 785.36 5.03%
Other Income 68.86 59.16 16.40%
Operating Profit (PBDIT) 893.69 844.52 5.82%
Interest 4.76 6.60 -27.88%
Exceptional Items 0.00 0.00
Gross Profit (PBDT) 888.93 837.92 6.09%
Depreciation 78.96 80.07 -1.39%
Profit Before Tax 809.97 757.85 6.88%
Tax 267.34 266.28 0.40%
Provisions and contingencies 0.00 0.00
Profit After Tax 542.63 491.57 10.39%
Extraordinary Items 0.00 0.00
Prior Period Expenses 0.00 0.00
Other Adjustments 0.00 0.00
Net Profit 542.63 491.57 10.39%
Equity Capital 95.92 95.92
Face Value (IN RS) 1.00 1.00
Reserves 0.00 0.00
Earnings per share (EPS) 5.66 5.12 10.39%
Diluted Earnings per share 5.66 5.12 10.55%
Operating Profit Margin (Excl OI) 22.26% 20.80% 1.45%
Gross Profit Margin 23.98% 22.19% 1.79%
PAT Margin 14.64% 13.02% 1.62%
Public Share Holdings (%) 0.00% 0.00%
Pledged Promotor Holding (%) 0.00% 0.00%

Share Holding Pattern

ASIANPAINT
ASIANPAINT