ASIANPAINT - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.2
| Stock Code | ASIANPAINT | Market Cap | 2,64,356 Cr. | Current Price | 2,755 ₹ | High / Low | 2,986 ₹ |
| Stock P/E | 60.5 | Book Value | 217 ₹ | Dividend Yield | 1.00 % | ROCE | 27.8 % |
| ROE | 22.0 % | Face Value | 1.00 ₹ | DMA 50 | 2,591 ₹ | DMA 200 | 2,531 ₹ |
| Chg in FII Hold | -0.67 % | Chg in DII Hold | 0.66 % | PAT Qtr | 1,161 Cr. | PAT Prev Qtr | 1,147 Cr. |
| RSI | 66.8 | MACD | 53.0 | Volume | 6,26,021 | Avg Vol 1Wk | 12,31,097 |
| Low price | 2,115 ₹ | High price | 2,986 ₹ | PEG Ratio | 27.1 | Debt to equity | 0.11 |
| 52w Index | 73.5 % | Qtr Profit Var | 42.0 % | EPS | 44.2 ₹ | Industry PE | 34.9 |
📊 Optimal Buy Price: 2,730–2,760 ₹ (near DMA 50 support)
💹 Profit-Taking Levels: 2,820–2,880 ₹ (short-term resistance zone)
🛑 Stop-Loss: 2,700 ₹
⏱️ Exit Strategy if Holding: Exit intraday if RSI falls below 64 or price fails to sustain above 2,730 ₹. Book profits if momentum drives price into 2,820–2,880 ₹ zone with strong volume confirmation. Exit early if intraday volume weakens below average and price slips under 2,730 ₹.
✅ Positive
- Strong ROCE (27.8%) and ROE (22.0%) highlight excellent efficiency
- EPS at 44.2 ₹ supports earnings visibility
- Quarterly PAT growth (1,147 Cr. → 1,161 Cr.) shows earnings stability
- MACD positive (53.0) indicates bullish momentum
- RSI at 66.8 suggests healthy upward bias
- DII holding increased (+0.66%) showing domestic institutional support
- Price trading above DMA 50 (2,591 ₹) and DMA 200 (2,531 ₹) — strong technical support
⚠️ Limitation
- High P/E of 60.5 compared to industry PE of 34.9 — steep valuation
- PEG ratio at 27.1 suggests expensive growth prospects
- FII holding decreased (-0.67%), showing reduced foreign investor confidence
- Dividend yield at 1.00% is modest
- Volume (6.26 lakh) below weekly average (12.3 lakh) — weaker participation
📉 Company Negative News
- No major external negative news reported, but valuation and reduced FII interest are concerns
📈 Company Positive News
- Quarterly profit variation of 42% highlights earnings resilience
- Momentum indicators (RSI, MACD) favor bullish intraday bias
- Strong fundamentals with efficiency ratios supporting long-term outlook
🏭 Industry
- Paints and coatings sector trading at industry PE of 34.9
- ASIANPAINT trades at a premium, reflecting brand strength and growth expectations
🔎 Conclusion
ASIANPAINT shows strong intraday potential with bullish technicals, institutional support, and solid fundamentals. However, steep valuation and reduced FII interest require caution. Suitable for intraday buy near 2,730–2,760 ₹ with strict stop-loss at 2,700 ₹ and profit booking around 2,820–2,880 ₹.
For broader perspective, you could extend this into a swing trade analysis, add sector benchmarking, or provide peer comparison to highlight relative positioning.