Asian paints share price below 5 percent, selling weak Q3 results?
In early trade on Wednesday, the share price of Asian Paints declined by more than 5 percent as weak Q3 results disappointed investors. This has inspired an analysts to reduce the target prices on stock, to maintain their recession opinion.
The share price of Asian Paints fell by 5.10 % to Rs. Ended at 2,235.00. In the third quarter of FY 2025, the consolidated net profit fell 23.3 % to Rs 1,110.48 crore.
The operating in Q3 EFV 25 reduced the company’s consolidated revenue, as the demand situation deteriorated amid the weak festive season.
“In the near future, we are expecting recovery in demand,” said Amit Single, Managing Director and CEO of Asian Paints, in our brand and focusing on customer concentration.
The company estimates that the increase in volume is in a single digit and the Ibita margin can be 18–20 %. The prices of raw materials have declined somewhat and the rupee weakness is a major concern.
Analysts have reduced the share price target
After Q3Fy 25 weak performance, the Antic Stock Broking Company reduced its income estimates for the financial year 2025, 2026, 2027 respectively. Due to high competitive intensity, the sale of Asian paints in the financial year 2025–27 estimated that CAGR could provide 9% CAGR.
FY27E EPS Rs. On Rs 45x. We suggest a hold recommendation with a revised target price of 2,361. Asian Paints (APNT) 3 QFVI 25 performance is weak. The size of the decorative area has increased by 1.6 percent. Due to the spirit of weak demand during the festive season and the consumer down trading effect, the price declined by 6 percent. Stock Broking said that profitability would be limited due to high concessions, promotion and marketing costs.
Brokerage company is ‘catch’ the recommendation on Asian Paints shares. Target value of rupee. 2,527 to Rs. Low up to 2,361.
Asian Paints Q3 EFVI 25 has reported that Ebitda has reported less than unanimous estimates of Nuwama institutional equities.
The amount of decorative business (India) increased by 1.6 percent, but the slow, down trade and negative product mixture led to a decline of 7.8 percent. International trade gained 17.1%growth. Keeping in mind the perspective of weak demand, we are reducing EPS expectations for the financial year 2025-27 with Q3Fy27e Rollover, ”said Nuwama Equality.
Continuing the share price target of ‘rating’ and Asian paints is Rs. 3,185 to Rs. Reduced by 3,000.
At 9.30 am, Asian Paints shares on BSE from Rs 4.36 %. Trading at 2,252.45.
,Disclaimer: The above opinions and recommendations are not individual analysts or broking companies, Hindustan Times. We advise investors to check certified professionals before taking any investment decision.)