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ASIANPAINT - Swing Trade Analysis with AI Signals

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Rating: 3.5

Last Updated Time : 05 Feb 26, 02:12 am

Swing Trade Rating: 3.5

Stock Code ASIANPAINT Market Cap 2,35,229 Cr. Current Price 2,453 ₹ High / Low 2,986 ₹
Stock P/E 58.5 Book Value 199 ₹ Dividend Yield 1.01 % ROCE 27.3 %
ROE 20.7 % Face Value 1.00 ₹ DMA 50 2,671 ₹ DMA 200 2,595 ₹
Chg in FII Hold 1.14 % Chg in DII Hold -0.42 % PAT Qtr 1,146 Cr. PAT Prev Qtr 956 Cr.
RSI 33.9 MACD -102 Volume 10,10,494 Avg Vol 1Wk 18,44,149
Low price 2,125 ₹ High price 2,986 ₹ PEG Ratio 8.28 Debt to equity 0.08
52w Index 38.1 % Qtr Profit Var 3.80 % EPS 39.4 ₹ Industry PE 34.2

📊 ASIANPAINT shows moderate potential for swing trading. The RSI at 33.9 indicates oversold conditions, suggesting a possible rebound. However, the MACD at -102 reflects strong bearish momentum, and the stock is trading below both 50 DMA (2,671 ₹) and 200 DMA (2,595 ₹), confirming weakness. Optimal entry would be near 2,350–2,400 ₹, close to support levels. If already holding, consider exiting around 2,600–2,650 ₹, near the 200 DMA, unless momentum improves.

✅ Positive

  • Strong ROCE (27.3%) and ROE (20.7%) highlight efficient capital use.
  • Quarterly PAT improved (956 Cr. → 1,146 Cr.), showing earnings growth.
  • Dividend yield of 1.01% provides investor stability.
  • Low debt-to-equity ratio (0.08) indicates financial strength.
  • FII holdings increased by 1.14%, reflecting foreign investor confidence.

⚠️ Limitation

  • High P/E ratio of 58.5 compared to industry PE of 34.2, suggesting overvaluation.
  • PEG ratio of 8.28 indicates expensive valuation relative to growth.
  • Trading volume (10.1 lakh) below 1-week average (18.4 lakh), showing weak participation.
  • DII holdings decreased (-0.42%), reducing domestic institutional support.

📉 Company Negative News

  • Stock trading below both 50 DMA and 200 DMA indicates bearish sentiment.
  • Weak momentum reflected in MACD (-102).

📈 Company Positive News

  • Quarterly earnings growth supports near-term fundamentals.
  • Strong efficiency metrics (ROCE and ROE).
  • Dividend yield adds investor appeal.

🏭 Industry

  • Industry PE at 34.2 is much lower than ASIANPAINT’s 58.5, highlighting premium valuation.
  • Paints and coatings sector remains resilient with steady demand, though competition is rising.

🔎 Conclusion

ASIANPAINT is a cautious swing trade candidate. Entry near 2,350–2,400 ₹ offers a favorable risk-reward setup. Exit should be considered around 2,600–2,650 ₹ unless momentum strengthens. Traders should monitor volume recovery and RSI movement before committing heavily.

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