# ASIANPAINT (ASIANPAINT) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/asianpaint

## Current market snapshot

- Exchange: BSE
- Country: India
- Price: ₹2,376
- Change: +1.93%
- As of: 2026-10-13
- 1D return: +1.93%
- 5D return: -1.99%
- 1M return: -3.90%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-10-13_

### Technical Outlook

As of October 13, 2026, Asian Paints exhibits a bearish technical setup on the daily and weekly timeframes, contrasting with a bullish monthly trend. Daily and weekly charts show the price trading below all major moving averages and the Supertrend indicator, supported by strong daily trend conviction (ADX 44.61) and weak weekly conviction (ADX 19.38). The monthly timeframe, however, shows price above the Supertrend indicator with weak trend conviction (ADX 18.72). The stock is positioned in the lower-middle range across 20-day (+39.4%), 50-day (+12.9%), and 252-day (+30.0%) periods. Recent market activity includes two downside events and two positive attention events in the last 30 days, with a high-severity downward gap on October 7, 2026, and a high-severity volume anomaly on October 13, 2026.

Participation and risk are characterized by a current drawdown of -20.0% and annualized volatility of +22.2%. The nearest resistance is observed at ₹2,387.46 (0.48% above current price), with support at ₹2,363.60 (0.52% below current price). A confirmed break above the nearest resistance level could signal a potential shift in the daily trend, while a break below the nearest support level would reinforce the existing bearish setup on shorter timeframes.

- Daily and weekly trends are bearish, while the monthly trend is bullish.
- Daily trend conviction is strong (ADX 44.61), while weekly and monthly conviction are weak.
- The stock is positioned in the lower-middle range across multiple timeframes.
- Nearest resistance is at ₹2,387.46 (0.48% above) and nearest support is at ₹2,363.60 (0.52% below).
- A break above ₹2,387.46 could confirm a bullish shift, while a break below ₹2,363.60 would reinforce the bearish trend.

- Outside Bar
- Inside Bar
- Evening Star
- Doji

### News Context

Asian Paints was mentioned in news reports on October 7, 2026, concerning a dividend announcement and its implications for retail investors. The reports highlighted that 9.2 lakh small retail shareholders, holding a 10.6% stake as of the June quarter, would be impacted by the dividend payout. Data for the September quarter regarding these holdings had not yet been disclosed. This news coincided with broader market movements, including a 429.11-point fall in the BSE Sensex and a 173.05-point decline in the NSE Nifty on the same day, influenced by factors such as an RBI rate hike and crude oil prices.

- On October 7, 2026, Asian Paints was noted in relation to a dividend announcement impacting 9.2 lakh small retail shareholders.
- As of the June quarter, these retail investors held a 10.6% stake in Asian Paints.
- September quarter shareholding data for retail investors had not been disclosed as of October 7, 2026.
- The news on Asian Paints' dividend occurred on a day the BSE Sensex fell 429.11 points and the NSE Nifty closed below 22,650.

- [Market Today: Sensex Falls 429 Points, Nifty Ends Below 22,650; RBI Rate Hike, Crude Weigh](https://www.news18.com/business/markets/market-today-sensex-falls-429-points-nifty-ends-below-22650-rbi-rate-hike-crude-weigh-10371264.html)
- [11:11 | RBI hikes repo rate for first time in 3.5 years, Titan in focus, Messi's Argentina farewell and more](https://www.cnbctv18.com/business/1111-rbi-hikes-repo-rate-for-first-time-in-3-5-years-titan-in-focus-messis-argentina-farewell-and-more-20006179.htm)
- [Asian Paints Dividend: Here's what 9.2 lakh retail investors need to know about past payouts, record date and more](https://www.cnbctv18.com/market/asian-paints-share-price-dividend-board-meet-record-date-q2-results-past-payouts-stock-split-bonus-returns-20006187.htm)

### What Changed

Asian Paints, trading on the BSE, experienced a price increase from ₹2,331.0 to ₹2,376.0 between the previous observation date and the report date of October 13, 2026. This marks a recent upward movement in the stock's valuation.

- On October 13, 2026, Asian Paints' stock price was ₹2,376.0.
- The stock price on the preceding observation date was ₹2,331.0.
- The company is listed on the BSE.

### Official Filings

Asian Paints Limited has announced its Board of Directors will convene on October 29, 2026, to review the audited standalone and unaudited consolidated financial results for the quarter and half-year ending September 30, 2026. Concurrently, the board will consider the declaration of an interim dividend for the financial year ending March 31, 2027. If a dividend is declared, the record date for its payment is set for November 4, 2026. In preparation for these announcements, the company has closed its trading window for designated personnel from September 18, 2026, and it will remain closed until November 2, 2026. An investor conference call is scheduled for October 29, 2026, at 5 p.m. IST to discuss the company's performance during the specified period. Additionally, the company is seeking shareholder approval via postal ballot for the appointment of Mr. Leo Puri as an Independent Director for a five-year term commencing September 7, 2026. Mr. Puri has also been proposed to be appointed as Chairman of the Board effective January 23, 2027, subject to shareholder consent. The postal ballot voting period concludes on November 6, 2026.

- Board meeting scheduled for October 29, 2026, to consider Q2 FY27 financial results and potential interim dividend.
- Record date for interim dividend, if declared, is November 4, 2026.
- Trading window for designated persons closed from September 18, 2026, to November 2, 2026.
- Investor conference call to discuss Q2 FY27 performance scheduled for October 29, 2026, at 5 p.m. IST.
- Shareholder approval sought via postal ballot for the appointment of Mr. Leo Puri as Independent Director (term: September 7, 2026 - September 6, 2031) and proposed Chairman from January 23, 2027.

- [Please find enclosed newspaper advertisement published on 8th October 2026 informing about the resolution proposed to be passed through Postal Ballot and details relating to e-Voting facility. |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/ASIANPAINT_08102026151258_SE_Intimation_Newspaper_Advertisement_signed.pdf)
- [Please find enclosed the Postal Ballot Notice dated 7th September 2026 together with the Explanatory Statement being sent to the members of the Company seeking their approval for appointment of Mr. Leo Puri as an Independent Director of the Company for a term of five consecutive years commencing from 7th September 2026 to 6th September 2031. |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/ASIANPAINT_07102026204250_SE_Intimation_-_Postal_ballot_Notice.pdf)
- [ASIAN PAINTS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |SUBJECT: Notice Of Shareholders Meetings-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_288_WebXMLFile_20261007_222159271.xml)
- [Financial Results/Dividend |Meeting Date: 29-Oct-2026](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026190115_BMintimationtoStockExchangesOct26.pdf)
- [Asian Paints Limited has informed the Exchange that Record date for the purpose of Dividend is 04-Nov-2026. |SUBJECT: Record Date](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026191216_BMintimationtoStockExchangesOct26.pdf)
- [Asian Paints Limited has informed the Exchange regarding 'This is to inform you that a meeting of the Board of Directors of the Company will be held on Thursday, 29th October 2026, inter alia, to consider the declaration of interim dividend, if any, for the financial year ending 31st March 2027. It is further informed that the record date for payment of interim dividend, if declared, will be Wednesday, 4th November 2026.'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026190837_BMintimationtoStockExchangesOct26.pdf)
- [The Company will hold a conference with investors on 29th October 2026 at 5 p.m. IST.on the business and financial performance of the Company for the quarter and half year ended 30th September 2026. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026201150_Investor_conference_Q22026-27.pdf)
- [ASIAN PAINTS LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_288_WebXMLFile_20261006_202431659.xml)
- [ASIAN PAINTS LIMITED has informed the Exchange about Board Meeting to be held on 29-Oct-2026 to consider and approve the Quarterly Audited Financial results of the Company for the period ended September 2026 and Dividend. |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_288_WebXMLFile_20261006_205827095.xml)
- [Board Meeting Intimation |Meeting Date: 29-Oct-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_288_WebXMLFile_20261006_205827095.xml)

### Fundamentals

Asian Paints has reported sequential growth in its latest financial results. Revenue from operations increased to ₹10,541.94 crore in Q1 FY2026-27 from ₹9,246.70 crore in Q4 FY2025-26. This top-line growth was accompanied by an expansion in profitability, with Profit Before Exceptional Items And Tax rising to ₹2,057.59 crore from ₹1,588.90 crore in the prior quarter. Consequently, Profit Loss For Period From Continuing Operations also saw an increase, reaching ₹1,521.29 crore compared to ₹1,160.27 crore sequentially. The company's Return on Equity (ROE) has shown a declining trend, standing at 22% last year, down from 25% over 5 years and 24% over 3 years. However, Compounded Profit Growth over the last TTM period was a strong 27%, contrasting with a more modest 2% over 3 years and 7% over 5 years. The company's borrowings have fluctuated, standing at ₹2,474 crore in March 2024, decreasing to ₹2,290 crore in March 2025, but projected to increase to ₹3,929 crore by March 2026. Fixed assets have shown a consistent increase, from ₹7,147 crore in March 2024 to a projected ₹9,640 crore by March 2026, alongside a significant rise in investments to ₹7,062 crore by March 2026 from ₹4,588 crore in March 2024. The most important checkpoint for the next reporting period will be the sustainability of operating profit margins amidst fluctuating borrowing levels and increasing investments.

- Revenue from operations increased sequentially to ₹10,541.94 crore in Q1 FY2026-27.
- Profitability improved sequentially, with Profit Before Exceptional Items And Tax rising to ₹2,057.59 crore.
- Return on Equity has declined to 22% last year, while TTM Compounded Profit Growth was 27%.
- Monitor the sustainability of operating profit margins in the upcoming reporting period.

### Bull Case

Asian Paints has announced a dividend, a factor that may be of interest to its 9.2 lakh retail shareholders who held a 10.6% stake as of the June quarter. While the broader market experienced a decline, with the BSE Sensex falling 429.11 points and the NSE Nifty ending down 173.05 points on the trade date, the company's monthly technical trend indicates a bullish setup. The monthly analysis shows an ADX of 18.72 and a plus DI of 22.62, suggesting a potential for upward momentum over a longer timeframe.

- Asian Paints has a dividend announcement.
- 9.2 lakh retail shareholders held a 10.6% stake as of the June quarter.
- The monthly technical trend shows a bullish setup with an ADX of 18.72.
- The monthly trend's plus DI is 22.62.

- [Market Today: Sensex Falls 429 Points, Nifty Ends Below 22,650; RBI Rate Hike, Crude Weigh](https://www.news18.com/business/markets/market-today-sensex-falls-429-points-nifty-ends-below-22650-rbi-rate-hike-crude-weigh-10371264.html)
- [11:11 | RBI hikes repo rate for first time in 3.5 years, Titan in focus, Messi's Argentina farewell and more](https://www.cnbctv18.com/business/1111-rbi-hikes-repo-rate-for-first-time-in-3-5-years-titan-in-focus-messis-argentina-farewell-and-more-20006179.htm)
- [Asian Paints Dividend: Here's what 9.2 lakh retail investors need to know about past payouts, record date and more](https://www.cnbctv18.com/market/asian-paints-share-price-dividend-board-meet-record-date-q2-results-past-payouts-stock-split-bonus-returns-20006187.htm)
- [Please find enclosed newspaper advertisement published on 8th October 2026 informing about the resolution proposed to be passed through Postal Ballot and details relating to e-Voting facility. |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/ASIANPAINT_08102026151258_SE_Intimation_Newspaper_Advertisement_signed.pdf)
- [Please find enclosed the Postal Ballot Notice dated 7th September 2026 together with the Explanatory Statement being sent to the members of the Company seeking their approval for appointment of Mr. Leo Puri as an Independent Director of the Company for a term of five consecutive years commencing from 7th September 2026 to 6th September 2031. |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/ASIANPAINT_07102026204250_SE_Intimation_-_Postal_ballot_Notice.pdf)
- [ASIAN PAINTS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |SUBJECT: Notice Of Shareholders Meetings-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_288_WebXMLFile_20261007_222159271.xml)
- [Financial Results/Dividend |Meeting Date: 29-Oct-2026](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026190115_BMintimationtoStockExchangesOct26.pdf)
- [Asian Paints Limited has informed the Exchange that Record date for the purpose of Dividend is 04-Nov-2026. |SUBJECT: Record Date](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026191216_BMintimationtoStockExchangesOct26.pdf)
- [Asian Paints Limited has informed the Exchange regarding 'This is to inform you that a meeting of the Board of Directors of the Company will be held on Thursday, 29th October 2026, inter alia, to consider the declaration of interim dividend, if any, for the financial year ending 31st March 2027. It is further informed that the record date for payment of interim dividend, if declared, will be Wednesday, 4th November 2026.'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026190837_BMintimationtoStockExchangesOct26.pdf)
- [The Company will hold a conference with investors on 29th October 2026 at 5 p.m. IST.on the business and financial performance of the Company for the quarter and half year ended 30th September 2026. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026201150_Investor_conference_Q22026-27.pdf)

### Bear Case

The company's daily technical indicators suggest a bearish trend, with the Supertrend direction indicated as 'bearish' and negative slopes observed in both the 20-day Exponential Moving Average (EMA) and Simple Moving Average (SMA) over 5 days. This is further supported by a higher Minus Directional Indicator (DI) at 23.8 compared to the Plus DI at 8.35, and an ADX of 44.61, indicating strong bearish momentum. Over the past three months, the stock has experienced a decline of 10.4%, and year-to-date, it is down 13.7%. The current drawdown stands at -20.0%, with a maximum drawdown of -28.5% observed. Nearest support levels are identified at 0.52% below the current price at ₹2363.6 and 1.48% below at ₹2340.8.

- Daily technical trend is 'bearish' with ADX at 44.61 and Minus DI (23.8) exceeding Plus DI (8.35).
- Stock has declined 10.4% over the last 3 months and 13.7% year-to-date.
- Current drawdown is -20.0%, with a maximum drawdown of -28.5%.
- Nearest support levels are at ₹2363.6 (0.52% below current price) and ₹2340.8 (1.48% below current price).

- [Market Today: Sensex Falls 429 Points, Nifty Ends Below 22,650; RBI Rate Hike, Crude Weigh](https://www.news18.com/business/markets/market-today-sensex-falls-429-points-nifty-ends-below-22650-rbi-rate-hike-crude-weigh-10371264.html)
- [11:11 | RBI hikes repo rate for first time in 3.5 years, Titan in focus, Messi's Argentina farewell and more](https://www.cnbctv18.com/business/1111-rbi-hikes-repo-rate-for-first-time-in-3-5-years-titan-in-focus-messis-argentina-farewell-and-more-20006179.htm)
- [Asian Paints Dividend: Here's what 9.2 lakh retail investors need to know about past payouts, record date and more](https://www.cnbctv18.com/market/asian-paints-share-price-dividend-board-meet-record-date-q2-results-past-payouts-stock-split-bonus-returns-20006187.htm)
- [Please find enclosed newspaper advertisement published on 8th October 2026 informing about the resolution proposed to be passed through Postal Ballot and details relating to e-Voting facility. |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/ASIANPAINT_08102026151258_SE_Intimation_Newspaper_Advertisement_signed.pdf)
- [Please find enclosed the Postal Ballot Notice dated 7th September 2026 together with the Explanatory Statement being sent to the members of the Company seeking their approval for appointment of Mr. Leo Puri as an Independent Director of the Company for a term of five consecutive years commencing from 7th September 2026 to 6th September 2031. |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/ASIANPAINT_07102026204250_SE_Intimation_-_Postal_ballot_Notice.pdf)
- [ASIAN PAINTS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |SUBJECT: Notice Of Shareholders Meetings-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_288_WebXMLFile_20261007_222159271.xml)
- [Financial Results/Dividend |Meeting Date: 29-Oct-2026](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026190115_BMintimationtoStockExchangesOct26.pdf)
- [Asian Paints Limited has informed the Exchange that Record date for the purpose of Dividend is 04-Nov-2026. |SUBJECT: Record Date](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026191216_BMintimationtoStockExchangesOct26.pdf)
- [Asian Paints Limited has informed the Exchange regarding 'This is to inform you that a meeting of the Board of Directors of the Company will be held on Thursday, 29th October 2026, inter alia, to consider the declaration of interim dividend, if any, for the financial year ending 31st March 2027. It is further informed that the record date for payment of interim dividend, if declared, will be Wednesday, 4th November 2026.'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026190837_BMintimationtoStockExchangesOct26.pdf)
- [The Company will hold a conference with investors on 29th October 2026 at 5 p.m. IST.on the business and financial performance of the Company for the quarter and half year ended 30th September 2026. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026201150_Investor_conference_Q22026-27.pdf)

### FAQs

**What is the company's recent financial performance and outlook based on upcoming board meeting results?**

Asian Paints Limited's Board of Directors is scheduled to meet on October 29, 2026, to consider the audited standalone and unaudited consolidated financial results for the quarter and half-year ended September 30, 2026. The board will also consider declaring an interim dividend. An investor conference is planned for the same day, October 29, 2026, at 5 p.m. IST, to discuss the performance for the period ended September 30, 2026.

**What are the key technical indicators for Asian Paints as of October 13, 2026?**

As of October 13, 2026, the daily trend for Asian Paints indicates a bearish sentiment with an ADX of 44.61, negative EMA and SMA slopes, and a bearish Supertrend direction. The weekly trend also shows a bearish Supertrend direction with negative EMA and SMA slopes. However, the monthly trend is bullish, with an ADX of 18.72 and a bullish Supertrend direction, with plus DI (22.62) higher than minus DI (19.49).

**What are the nearest support and resistance levels for Asian Paints?**

The nearest support levels for Asian Paints are at ₹2363.6 (0.52% below current price), ₹2340.8 (1.48% below), ₹2308.2 (2.85% below), and ₹2295.38 (3.39% below). The nearest resistance levels are at ₹2387.46 (0.48% above current price), ₹2396.2 (0.85% above), ₹2419.0 (1.81% above), and ₹2435.5 (2.50% above).

**What is the company's recent dividend information and shareholder structure?**

Asian Paints has set November 4, 2026, as the record date for a potential dividend, subject to board approval on October 29, 2026. As of the end of the June quarter, 9.2 lakh small retail shareholders, holding shares with an authorized capital of up to ₹2 lakh, collectively owned a 10.6% stake in the company. Data for the September quarter's shareholder structure has not yet been disclosed.

**What is the company's recent stock performance over different periods?**

As of October 13, 2026, Asian Paints has shown the following returns: +1.9% for 1 day, -1.8% for 10 days, -3.9% for 1 month, +1.4% for 1 year, -3.9% for 20 days, -10.4% for 3 months, -2.0% for 5 days, +1.0% for 6 months, and -13.7% year-to-date. The return since inception is +3.1%.

- [Market Today: Sensex Falls 429 Points, Nifty Ends Below 22,650; RBI Rate Hike, Crude Weigh](https://www.news18.com/business/markets/market-today-sensex-falls-429-points-nifty-ends-below-22650-rbi-rate-hike-crude-weigh-10371264.html)
- [11:11 | RBI hikes repo rate for first time in 3.5 years, Titan in focus, Messi's Argentina farewell and more](https://www.cnbctv18.com/business/1111-rbi-hikes-repo-rate-for-first-time-in-3-5-years-titan-in-focus-messis-argentina-farewell-and-more-20006179.htm)
- [Asian Paints Dividend: Here's what 9.2 lakh retail investors need to know about past payouts, record date and more](https://www.cnbctv18.com/market/asian-paints-share-price-dividend-board-meet-record-date-q2-results-past-payouts-stock-split-bonus-returns-20006187.htm)
- [Please find enclosed newspaper advertisement published on 8th October 2026 informing about the resolution proposed to be passed through Postal Ballot and details relating to e-Voting facility. |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/ASIANPAINT_08102026151258_SE_Intimation_Newspaper_Advertisement_signed.pdf)
- [Please find enclosed the Postal Ballot Notice dated 7th September 2026 together with the Explanatory Statement being sent to the members of the Company seeking their approval for appointment of Mr. Leo Puri as an Independent Director of the Company for a term of five consecutive years commencing from 7th September 2026 to 6th September 2031. |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/ASIANPAINT_07102026204250_SE_Intimation_-_Postal_ballot_Notice.pdf)
- [ASIAN PAINTS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |SUBJECT: Notice Of Shareholders Meetings-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_288_WebXMLFile_20261007_222159271.xml)
- [Financial Results/Dividend |Meeting Date: 29-Oct-2026](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026190115_BMintimationtoStockExchangesOct26.pdf)
- [Asian Paints Limited has informed the Exchange that Record date for the purpose of Dividend is 04-Nov-2026. |SUBJECT: Record Date](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026191216_BMintimationtoStockExchangesOct26.pdf)
- [Asian Paints Limited has informed the Exchange regarding 'This is to inform you that a meeting of the Board of Directors of the Company will be held on Thursday, 29th October 2026, inter alia, to consider the declaration of interim dividend, if any, for the financial year ending 31st March 2027. It is further informed that the record date for payment of interim dividend, if declared, will be Wednesday, 4th November 2026.'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026190837_BMintimationtoStockExchangesOct26.pdf)
- [The Company will hold a conference with investors on 29th October 2026 at 5 p.m. IST.on the business and financial performance of the Company for the quarter and half year ended 30th September 2026. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026201150_Investor_conference_Q22026-27.pdf)
## Technical analytics

- As of: 2026-10-13
- Daily trend: Strong Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹2,340.8
- Risk regime: Price Risk Requires Attention

### Support levels
- 2295.37744140625
- 2245
- 2158.3166015625

### Resistance levels
- 2387.4593750000004
- 2435.5
- 2482.5453125

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.93% |
| return_10 | -1.82% |
| return_1m | -3.90% |
| return_1y | +1.43% |
| return_20 | -3.90% |
| return_3m | -10.41% |
| return_5 | -1.99% |
| return_6m | +1.00% |
| return_since_start | +3.10% |
| return_ytd | -13.66% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -28.54% |
| annualized_volatility | +22.23% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue Rises 18%, Profit Grows 40% as Margins Expand

Asian Paints Limited reported a 17.94% year-on-year rise in revenue from operations to ₹10,541.94 crore for the quarter ended 30 June 2026. Profit before tax grew at a faster pace of 39.74% to ₹2,057.59 crore, as the share of each revenue rupee retained as profit widened. Net profit from continuing operations increased 40.77% to ₹1,521.29 crore.

## Revenue Performance

Revenue from operations of ₹10,541.94 crore was the highest of the past five quarters. The previous peak was ₹9,246.70 crore in the March 2026 quarter. Compared with the same quarter last year, revenue increased by ₹1,603.39 crore (17.94%), while the sequential increase over the March 2026 quarter was ₹1,295.24 crore (14.01%).

Revenue in the four quarters of FY2025–26 ranged from ₹8,531.27 crore to ₹9,246.70 crore and averaged approximately ₹8,896 crore. The current quarter’s revenue exceeds that average by about 18.5%, underlining a meaningful pickup.

## Profitability Trends

Profit before exceptional items and tax reached ₹2,057.59 crore in the June quarter, up from ₹1,472.39 crore a year ago (39.74%) and from ₹1,588.90 crore in the immediately preceding quarter (29.5%). In every case, profit growth outpaced revenue growth.

The implied profit margin (profit before tax as a percentage of revenue) moved from 16.47% in Q1 of last year to 19.52% this year. On a sequential basis, the margin expanded from 17.18% in the March 2026 quarter. This expansion is the main financial story of the quarter.

The quarter’s profit before tax of ₹2,057.59 crore also surpassed the profit before tax reported in any quarter of the prior fiscal year, where the highest quarterly figure was ₹1,588.90 crore.

## From Pre-Tax Profit to Net Profit

Tax expense for the quarter was ₹536.30 crore, up 36.93% from ₹391.66 crore a year earlier. The effective tax rate eased slightly, from 26.60% a year ago to 26.06% in the current quarter.

Because of this modestly lower tax rate, net profit from continuing operations grew a shade faster than pre‑tax profit. Net profit rose 40.77% year‑on‑year to ₹1,521.29 crore, compared with pre‑tax profit growth of 39.74%. Sequentially, net profit was up 31.12% from ₹1,160.27 crore.

## Notable Item: No Exceptional Charges

Profit before exceptional items and tax and reported profit before tax were identical at ₹2,057.59 crore, indicating that no exceptional charges were recorded in the quarter. Most quarters of the prior year similarly showed no exceptional items; the only exception was the December 2025 quarter, when an exceptional loss created a gap between the two profit measures. The absence of exceptional items in the current quarter means the reported profit growth is not distorted by one-time effects.

## Key Takeaway

Revenue grew 17.94% year‑on‑year to ₹10,541.94 crore, the highest level in the last five quarters. Profit before tax expanded 39.74% as the margin widened from 16.47% to 19.52%. The combination of higher revenue and a wider margin also pushed net profit from continuing operations up 40.77%. Both revenue and profit before tax came in above every quarter of the previous fiscal year.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +52.63%
- FII holding: +13.32%
- DII holding: +20.70%
- Mutual fund holding: +10.09%
- Retail holding: +10.61%
- Promoter pledged: +0.00%

### Major reported shareholders

- Life Insurance Corporation of India — +8.11%
- Sattva Holding and Trading Private Limited — +5.71% (Bodies Corporate)
- Smiti Holding and Trading Company Private Limited — +5.36% (Bodies Corporate)
- Geetanjali Trading and Investments Private Limited — +4.77% (Bodies Corporate)
- SBI Mutual Fund — +4.31%
- Elcid Investments Limited — +2.95% (Bodies Corporate)
- Shubhit Holdings Private Limited — +2.41% (Bodies Corporate)
- Sudhanva Investments and Trading Company Private Limited — +1.98% (Bodies Corporate)
- Rupen Investment & Industries Private Limited — +1.97% (Bodies Corporate)
- Satyadharma Investments and Trading Company Private Ltd. — +1.91% (Bodies Corporate)

## Official filings

- 2026-10-08 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_08102026151258_SE_Intimation_Newspaper_Advertisement_signed.pdf)
- 2026-10-07 — Management Change: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_07102026204250_SE_Intimation_-_Postal_ballot_Notice.pdf)
- 2026-10-07 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_288_WebXMLFile_20261007_222159271.xml)
- 2026-10-06 — Board Meeting Notice: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026190115_BMintimationtoStockExchangesOct26.pdf)
- 2026-10-06 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026191216_BMintimationtoStockExchangesOct26.pdf)
- 2026-10-06 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026190837_BMintimationtoStockExchangesOct26.pdf)
- 2026-10-06 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_06102026201150_Investor_conference_Q22026-27.pdf)
- 2026-10-06 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_288_WebXMLFile_20261006_202431659.xml)
- 2026-10-06 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_288_WebXMLFile_20261006_205827095.xml)
- 2026-10-06 — Board Meeting Notice: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_288_WebXMLFile_20261006_205827095.xml)
- 2026-09-24 — Regulatory Filing: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_09242026143535.zip)
- 2026-09-22 — Regulatory Filing: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_09222026142933.zip)
- 2026-09-18 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_18092026184429_ESG_Rating_Niche99_18092026SIGNED.pdf)
- 2026-09-17 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_17092026215233_Reg_30_commencement_of_VAE_facility_for_filing-signed.pdf)
- 2026-09-17 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_288_WebXMLFile_20260917_220108147.xml)
- 2026-09-11 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_11092026162059_SE_Intimationtradingwindowclosure_September_2026.pdf)
- 2026-09-11 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_288_WebXMLFile_20260911_163017136.xml)
- 2026-09-11 — Credit Rating Update: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_11092026202841_SE_Intimation_-_credit_ratings_-_Crisil_11092026_signed.pdf)
- 2026-09-10 — Regulatory Filing: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Disclosure2_09102026160641.zip)
- 2026-09-09 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_09092026181219_Stock_Exchange_intimation.pdf)
- 2026-09-09 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_09092026215057_SE_intimation_-_Result_of_Postal_ballotsigned.pdf)
- 2026-09-09 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_09092026222029_SEintimationAppointmentofNED09092026signed.pdf)
- 2026-09-09 — Management Change: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASIANPAINT_09092026222531_SEintimationAppointmentofNED09092026signed.pdf)
- 2026-09-09 — Regulatory Filing: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/RESULT_VOTING_1723132_09092026103943_WEB.xml)
- 2026-09-09 — Generic Announcement: Asian Paints Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_288_WebXMLFile_20260909_230049778.xml)

## News and market events

- 2026-10-07 — News18: **Market Today: Sensex Falls 429 Points, Nifty Ends Below 22,650; RBI Rate Hike, Crude Weigh** — The BSE Sensex closes 429.11 points, or 0.59%, lower at 72,638.70, while the NSE Nifty ends at 22,603.05, down 173.05 points, or 0.76%. — [Source](https://www.news18.com/business/markets/market-today-sensex-falls-429-points-nifty-ends-below-22650-rbi-rate-hike-crude-weigh-10371264.html)
- 2026-10-07 — CNBC-TV18: **11:11 | RBI hikes repo rate for first time in 3.5 years, Titan in focus, Messi's Argentina farewell and more** — Hello and Welcome to CNBC-TV18's Newsletter In today's edition, we take a look at RBI's policy decision, which saw the central bank raise its interest rates for the first time in 3.5 years, Titan shares in focus, Asian Paints dividend, NBFC credit growth accelerates, the Paytm-Visa tie-up and Messi bids adieu to Argentina colours and more with CNBC-TV18. — [Source](https://www.cnbctv18.com/business/1111-rbi-hikes-repo-rate-for-first-time-in-3-5-years-titan-in-focus-messis-argentina-farewell-and-more-20006179.htm)
- 2026-10-07 — CNBC-TV18: **Asian Paints Dividend: Here's what 9.2 lakh retail investors need to know about past payouts, record date and more** — As many as 9.2 lakh small retail shareholders, or those with authorized share capital of up to ₹2 lakh, had a 10.6% stake in Asian Paints, at the end of the June quarter. Data for the September quarter has not been disclosed yet. — [Source](https://www.cnbctv18.com/market/asian-paints-share-price-dividend-board-meet-record-date-q2-results-past-payouts-stock-split-bonus-returns-20006187.htm)
- 2026-10-05 — Mint: **Asian Paints, Kansai Nerolac, Berger Paints slump up to 27% YTD. Is it time to buy paints stocks ahead of Diwali?** — Asian Paints, Kansai Nerolac, and Berger Paints are experiencing downward pressure with year-to-date declines. Elara Securities anticipates signs of recovery, with 12-13% revenue growth, although demand remains subdued ahead of Q2 FY27, driven by dealer inventory and competitive dynamics. — [Source](https://www.livemint.com/market/stock-market-news/asian-paints-kansai-nerolac-berger-paints-slump-up-to-27-ytd-is-it-time-to-buy-paints-stocks-ahead-of-diwali-11791186892577.html)
- 2026-10-05 — The Hindu: **Gap-Up fades as IT and HDFC Bank drag Nifty to near-flat; crude, Rupee weigh** — Bank Nifty, which had surged over 600 points in early trade, surrendered nearly all its gains through the session — [Source](https://www.thehindubusinessline.com/markets/gap-up-fades-as-it-and-hdfc-bank-drag-nifty-to-near-flat-crude-rupee-weigh/article71546207.ece)
- 2026-09-29 — REDIFF.COM: **Stock Markets Today: Sensex, Nifty Fall as Crude Oil Prices Surge, Foreign Funds Exit** — Indian equity benchmark indices Sensex and Nifty experienced a significant tumble in early trade, primarily driven by elevated crude oil prices due to ongoing West Asia uncertainty and substantial foreign fund outflows. Track Sensex, Nifty on September 29. — [Source](https://www.rediff.com/business/report/indian-stock-markets-tumble-on-september29-crude-oil-prices-foreign-fund-outflows-impact-sensex-nifty/20260929.htm)
- 2026-09-29 — The Hindu: **Stock markets tumble in early trade dragged by elevated crude oil prices, foreign fund outflows** — The 30-share BSE Sensex dropped 503 points to 72,260.09 in early trade. The 50-share NSE Nifty tumbled 151 points to 22,626.50 — [Source](https://www.thehindu.com/business/markets/stock-markets-tumble-in-early-trade/article71522620.ece)
- 2026-09-29 — Economic Times: **Why is market falling today? Sensex slumps 700 points, Nifty below 22,600. 8 key factors rattling D-Street** — On Tuesday, the Indian stock market faced a substantial downturn. This sharp decline came after a previous drop exceeding 1.5% the day before. A staggering Rs 4 lakh crore was wiped off in market capitalisation, as investors reacted to rising oil prices and climbing bond yields. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/why-is-market-falling-today-sensex-slumps-700-points-nifty-below-22600-8-key-factors-rattling-d-street/articleshow/134555814.cms)
- 2026-09-28 — Mint: **Paintmakers expect a brighter Diwali, but crude prices cloud the outlook | Company Business News** — Paintmakers are optimistic about growth this festive season, helped by improved weather and early demand. Berger Paints expects stronger sales compared to last year's subdued Diwali, while JSW Dulux sees strong momentum despite rising crude prices posing risks to consumer spending. — [Source](https://www.livemint.com/companies/news/paint-companies-diwali-demand-berger-paints-jsw-dulux-asian-paints-11790572545669.html)
- 2026-09-28 — Mint: **Paint makers face a crude shock as competition stays fierce** — Crude inflation is squeezing paint makers’ margins just as Birla Opus and JSW Dulux intensify the market-share battle, leaving incumbents to balance price hikes, demand and profitability. — [Source](https://www.livemint.com/market/mark-to-market/paint-stocks-margin-pressure-crude-oil-prices-asian-paints-berger-kansai-11790573619726.html)
- 2026-09-26 — Mint: **Sumeet Bagadia's stock picks for Monday — Mahindra And Mahindra, Asian Paints, HCL Tech | Target, SL, market outlook** — Stock market outlook: Nifty 50 is likely to retain a Sideways to Bearish bias, with immediate support placed at 22,900–23,000 and resistance at 23,300–23,370, believes Sumeet Bagadia — [Source](https://www.livemint.com/market/stock-market-news/sumeet-bagadias-stock-picks-for-monday-mahindra-and-mahindra-asian-paints-hcl-tech-target-sl-market-outlook-11790393228812.html)
- 2026-09-25 — Economic Times: **Market wrap: Axis Bank, Asian Paints, Max Healthcare, Infosys top gainers and losers on Nifty and Sensex on Friday** — Indian equity benchmarks ended higher on Friday, with the Nifty 50 rising 0.34% and the Sensex gaining 0.43%. Axis Bank and Asian Paints led the gainers, while Max Healthcare and Infosys were among the top losers. Heres a look at the biggest movers across the Nifty and Sensex. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/market-wrap-axis-bank-asian-paints-max-healthcare-infosys-top-gainers-and-losers-on-nifty-and-sensex-on-friday/articleshow/134485432.cms)
- 2026-09-24 — Times of India: **Why is stock market crashing today? Sensex, Nifty fall over 1.5% - top reasons** — img border="0" hspace="10" align="left" style="margin-top:3px;margin-right:5px;" src="https://timesofindia.indiatimes.com/photo/134456699.cms" /The stock market came under heavy selling pressure, with the Sensex and Nifty declining nearly 1.5% as a sharp rise in bond yields to 19-year highs added to investor concerns. — [Source](https://timesofindia.indiatimes.com/business/india-business/stock-market-crash-today-why-are-sensex-nifty-down-on-september-24-2026-op-reasons-for-fall/articleshow/134456699.cms)
- 2026-09-24 — Economic Times: **Why is market falling today? Sensex tumbles over 650 points, Nifty below 23,250. 5 factors behind Rs 4 lakh crore wipeout** — Indian equity benchmark indices Sensex and Nifty fell nearly 1% on Thursday, erasing over Rs 4 lakh crore in BSE market capitalisation. Surging US 10-year Treasury bond yields to 19-year highs, heightened US Fed rate hike expectations, and rising crude oil prices above $102 per barrel triggered a sharp market selloff. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/why-is-market-falling-today-sensex-tumbles-over-500-points-nifty-below-23250-5-factors-behind-rs-4-lakh-crore-wipeout/articleshow/134450985.cms)
- 2026-09-22 — Mint: **JSW Dulux announced record date for 1:10 stock split: What investors should know** — JSW Dulux has set October 22, 2026, as the record date for a proposed 1:10 stock split, following shareholder approval. The split will convert each  ₹10 share into 10 shares of Re 1, amplifying the number of outstanding shares without affecting market capitalization. — [Source](https://www.livemint.com/market/stock-market-news/jsw-dulux-announced-record-date-for-1-10-stock-split-what-investors-should-know-11790079151086.html)
- 2026-09-22 — MONEYCONTROL: **India’s No. 2 paintmaker plans expansion to fend off Birla, JSW** — Berger Paints, Kumar Mangalam Birla, JSW, Asian Paints, Sajjan Jindal, Nerolac Paints — [Source](https://www.moneycontrol.com/news/business/indias-no-2-paintmaker-berger-paints-plans-expansion-to-fend-off-birla-jsw-14035159.html)
- 2026-09-22 — NEWS.WEBINDIA123.COM: **Sensex, Nifty open in green on easing crude, softer US bond yields** — The Indian equity markets opened on a positive note on Tuesday supported by easing crude oil prices and softer US bond yields. — [Source](https://news.webindia123.com/news/articles/business/20260922/4501773.html)
- 2026-09-22 — The Hindu: **Berger Paints plans luxury paint launch, 250 new outlets a year amid pricing pressure** — Berger Paints plans luxury paints, 250 outlets a year and new manufacturing facilities as pricing pressure intensifies from Birla Opus and JSW Dulux. — [Source](https://www.thehindubusinessline.com/companies/berger-paints-steps-up-defence-as-birla-opus-jsw-dulux-intensify-paint-market-battle/article71494047.ece)
- 2026-09-21 — BUSINESS: **Asian Paints Ltd Surges 2.13%** — Asian Paints Ltd has lost 6.97% over last one month compared to 6.83% fall in BSE Consumer Durables index and 3.88% drop in the SENSEX — [Source](https://www.business-standard.com/markets/capital-market-news/asian-paints-ltd-surges-2-13-126092100186_1.html)
- 2026-09-21 — News18: **Markets Today: Sensex Opens 324 Points Higher, Nifty Holds 23,300; SMIDs Remain Mixed** — At 9:16 am, the BSE Sensex rises 324 points, or 0.44%, at 74,618.96 , while the Nifty 50 is almost flat at 23,345.20. — [Source](https://www.news18.com/business/markets/markets-today-sensex-opens-324-points-higher-nifty-holds-23300-smids-remain-mixed-10343173.html)
- 2026-09-18 — Orissa POST: **Sensex, Nifty close on mixed note amid selling in IT, Tata group shares - OrissaPOST** — Mumbai: Benchmark stock indices Sensex and Nifty ended mixed Friday as a drop in crude oil prices was overshadowed by weakness in IT stocks and Tata Group counters. Giving up intraday gains during the Closing Auction Session (CAS), the 30-share BSE Sensex dropped 19.63 points, or 0.03 per cent, to settle at 74,294.96. During the […] — [Source](https://www.orissapost.com/sensex-nifty-close-on-mixed-note-amid-selling-in-it-tata-group-shares/)
- 2026-09-18 — CNBC-TV18: **FMCG price hikes to continue as input costs rise; big players may gain market share: Nuvama** — Abneesh Roy, Executive Director at Nuvama Institutional Equities, expects Hindustan Unilever (HUL) to maintain its near-term EBITDA margin guidance of 22.5-23.5%, although he sees the company operating towards the lower end of the range in Q2. HUL's longer-term EBITDA margin guidance stands at 22-24%. — [Source](https://www.cnbctv18.com/market/fmcg-companies-to-post-double-digit-q2-sales-growth-amid-inflation-says-nuvamas-abneesh-roy-alpha-article-19993373.htm)
- 2026-09-18 — BUSINESS: **Stocks to watch: Tata group stocks, Wipro, BEL, Asian Paints, Puravankara** — Stocks to watch today: Navratna defence PSU Bharat Electronics (BEL) has secured additional orders worth ₹648 crore. — [Source](https://www.business-standard.com/markets/news/stocks-to-watch-september-18-tata-group-stocks-wipro-bel-asian-paints-puravankara-126091800111_1.html)
- 2026-09-17 — CNBC-TV18: **Asian Paints commences commercial production at 1.5 lakh-tonne VAE plant in Gujarat** — Shares of Asian Paints Ltd ended at ₹2,454.00, up by ₹35.00, or 1.45%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/asian-paints-share-price-commences-commercial-production-at-1-5-lakh-tonne-vae-plant-in-gujarat-19993185.htm)
- 2026-09-12 — The Hindu: **What should investors do about Asian Paints?** — Investors should hold Asian Paints as it navigates competitive challenges and maintains growth momentum amid demanding valuations. — [Source](https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/what-should-investors-do-about-asian-paints/article71456387.ece)

## Business profile

**Strategic vision:** Indian paint manufacturer and distributor expanding into home decor.

### Business segments
- **Decorative Coatings:** The core segment of the business, manufacturing interior and exterior wall finishes, enamels, wood finishes, and wall stencils for residential and commercial customers.
- **Industrial Coatings:** Operating through joint ventures (such as PPG Asian Paints), this division manufactures automotive refinishes, OEM coatings, protective marine coatings, and industrial packaging finishes.
- **Home Improvement & Design Services:** Encompasses the modular kitchen, bath fittings, lighting, and window businesses, alongside corporate-managed home renovation and color consulting services.

### Competitive strengths
- Direct-to-dealer distribution network
- Proprietary Distribution Management System (DMS)
- Integrated home improvement ecosystem

## Related stocks

- [UltraTech Cement Limited (Building Materials)](https://faxioms.com/stocks/ultracemco) — +2.19%
- [Larsen & Toubro Limited (Engineering & Capital Goods)](https://faxioms.com/stocks/lt) — +1.31%
- [Adani Ports and Special Economic Zone Limited (Logistics)](https://faxioms.com/stocks/adaniports) — +0.51%
- [Axis Bank Limited (Financial Services)](https://faxioms.com/stocks/axisbank) — +1.23%
- [Bajaj Finserv Limited (Financial Services)](https://faxioms.com/stocks/bajajfinsv) — +2.08%

## Freshness and sources

- Data as of: 2026-10-13
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/asianpaint
Markdown representation: https://faxioms.com/stocks/asianpaint?render=md
