Stock Name – Asian Paints
Listed Exchange: NSE, BSE
NSE Code- ASIANPAINT
P/E or Price to Equity Ratio: 40.81
EPS or Earnings per Share: 11.95
P/B or Price to book value ratio: 15.48
Market Capitalization: Rs. 46,775 crore
Current Price on NSE – 487.40
52 Week Low – 373.40
52 Week High – 561.75
Our Review of Asian Paints Stock
If you had invested in the Asian paints stock in 2000, you would have invested in it at a level of 18. It has multiplied by 27 times since then. These are gigantic returns.
Asian paints has been a consistent wealth creator for its investors. It has strong financials and great support from the promoters who hold up to 52% in the stock. Mutual funds such as IDFC, UTI and Franklin have great faith in this stock. It is a buy for the long term.