Asian Paints traded at 2,401.10 this Friday February 6th, decreasing 31.00 or 1.27 percent since the previous trading session. Looking back, over the last four weeks, Asian Paints lost 14.53 percent. Over the last 12 months, its price rose by 5.73 percent. Looking ahead, we forecast Asian Paints to be priced at 2,382.65 by the end of this quarter and at 2,250.78 in one year, according to Trading Economics global macro models projections and analysts expectations.
Asian Paints Limited is a paint company. The Company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services. The Company's business segments are Paints and Home Improvement. The Home Improvement segment includes its bath fittings business. Its geographical segments are Domestic and International operations. The Domestic segment includes operations of the Company and its Indian subsidiaries, and joint ventures. It manufactures a range of paints for decorative and industrial use. Its products include special effects, plain finishes and distempers for interior walls; textures finishes, plain finishes and design for exteriors for exterior walls; wall papers; wood finishes; metal finishes; water proofing solutions; adhesives, and painting tools and implements. It operates in over 20 countries and has over 30 manufacturing facilities, servicing consumers in over 65 countries.