Asian Paints Share Price Target 2024

The Asian Paints Ltd stock price has risen 132% on the National Stock Exchange (NSE) over the last 5 years. According to the company’s earnings report for the fourth quarter of 2022, EPS increased by 33% YoY (Rs. 362) to Rs.362, while the net profit increased by 35% YoY to Rs.41.06 billion, and sales volume rose by 7,45% to 3,166 bath fittings.

According to the company’s website, “Asian Paints share price target 2024 – 2025 – 2030)” is among the top picks for 2024.

The Asian Paints stock price target for 2024 is as follows:

Month (2024)Maximum Target Minimum Target

January Rs 3,359.11Rs 2,920.57

February Rs 3,427.66Rs 2,980.58

March Rs 3,497.62Rs 3,041.40

April Rs 3,395.74Rs 2,952.82

May Rs 3,345.56Rs 2,909.18

June Rs 3,466.00Rs 3,013.91

July Rs 3,431.34Rs 2,983.77

August Rs 3,568.59Rs 3,103.13

September Rs 3,711.34Rs 3,227.25

October Rs 3,638.57Rs 3,163.97

November Rs 3,747.72Rs 3,258.89

December Rs 3,841.42Rs 3,340.36(financerule.com)

Asian Paints Share Price Target (2025)

Month (2025)Maximum Target Minimum Target

January Rs 3,918.24Rs 3,014.03

February Rs 4,018.72Rs 3,091.32

March Rs 4,175.44Rs 3,211.88

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April Rs 4,093.57Rs 3,148.90

May Rs 3,974.34Rs 3,057.19

June Rs 4,153.19Rs 3,194.76

July Rs 4,071.75Rs 3,132.12

August Rs 4,197.68Rs 3,228.99

September Rs 4,344.60Rs 3,342.00

October Rs 4,457.56Rs 3,428.89

November Rs 4,569.00Rs 3,514.61

December Rs 4,683.22Rs 3,602.48(financerule.com)

Asian Paints Share Price Target (2026 to 2030)

Year Maximum Target Minimum Target

2026Rs 4917.38Rs 3442.17

2027Rs 5409.12Rs 3786.39

2028Rs 7572.77Rs 3786.39

2029Rs 6656.51Rs 3278.26

2030Rs 8523.47Rs 5966.43ASIANPAINT Financials 2023

Revenue344.28 Billion INR 18.79% YOY

Operating expense76.49 Billion INR 16.59%

Net Income41.06 Billion INR 35.50%

Net Profit Margin11.93 14.05%

Earnings Per Share43.20 33.00%

EBITDA60.18 Billion INR 32.60%

Effective Tax Rate26.25%

Total Assets257.98 Billion INR 12.24%

Total Liabilities93.52 Billion INR 6.45%

Total Equity164.46 Billion INR

Return on assets13.99%

Return on Capital19.98%

P/E Ratio62.21

According to the latest annual financial report of Asian Paints share Price target 2024 of the company is set at Rs 4,00 per share for 2024. The company’s ROE on the NSE has increased by 26 percent over the last 5 years. The company has seen a 79% increase in its sales and an 89% increase in its net profit over the same period.

Asian Paints, one of the biggest paint and home decor companies in India, recently opened its first Multichannel Premium Home Decor Showroom “Beautiful Homes” in January 2024. On Wednesday, the stock price of Asian Paints increased by Rs. 60 per share, Rs. 55 per share, and Rs. 3382.55 respectively on the NSE.

Over the past few months, Asian Paints target price 2025 in India has risen to Rs. 4,000/share after the company declared to invest 385 crores into its Maharashtra Plant to increase its production capacity from three lakh liters per year (LK) to four lakh liters (LK) per year. Investors may have lost faith in Asian Paints in the last couple of months.

According to experts, Asian Paints’ target price in 2024 is likely to increase shortly and the target price in 2027 is likely to be achieved. According to HSBC, Asian Paints has a price target of Rs. 4000 while Nuvama’s price target is Rs. 3000.

India Property Dekho always recommends that you do thorough research on the weak points in the market and get an expert opinion.

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