Kunal Bothra sets INR 1,505 target for Asian Paints stock

Published on 10/16/2026 at 15:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Asian Paints sets October 29, 2026 results and may declare dividend. Asian Paints stock last traded at INR 2,331.90 on October 16, 2026, down 0.77 percent.

Analyst view and reporting date

Kunal Bothra set an INR 1,505 target for Asian Paints on October 15, 2026.
Asian Paints will consider second-quarter results and an interim dividend on October 29, 2026.
Asian Paints stock last traded at INR 2,331.90 on October 16, 2026 at 3:29 p.m. IST, down 0.77 percent versus the prior close of October 15, 2026.
Asian Paints had a market capitalization of INR 2.2 trillion and a P/E ratio of 46.94.

Asian Paints, INE021A01026, Illustration mit AI erstellt.

Kunal Bothra set an INR 1,505 target for Asian Paints on October 15, 2026, according to The Economic Times. The target sat 54.94 percent below the latest NSE price of INR 2,331.90 on October 16, 2026. Asian Paints (ISIN INE021A01026) last traded at INR 2,331.90 on NSE on October 16, 2026 at 3:29 p.m. IST, down 0.77 percent versus the prior close of October 15, 2026.

October 29 results date

Asian Paints will consider its second-quarter and first-half results on October 29, 2026, while also reviewing a possible interim dividend, according to Upstox. The record date for a dividend, if declared, is November 4, 2026. The company has not specified an earnings release time in the cited report.

Asian Paints had consolidated revenue of INR 105.21 billion in the first quarter of fiscal year 2027, up 17.90 percent from INR 89.25 billion a year earlier. Consolidated net profit reached INR 15.39 billion, up 40.00 percent from INR 10.99 billion in the year-ago quarter, according to the company's investor information page at Asian Paints.

NSE price and yearly range

The NSE price stood 21.90 percent below the 52-week high of INR 2,985.70 and 10.25 percent above the 52-week low of INR 2,115.00 on October 16, 2026. Trading volume was 1,012,164 shares, compared with an average volume of 723,868 shares. The session range ran from INR 2,327.50 to INR 2,363.60.

Valuation and calendar

Asian Paints had a market capitalization of INR 2.2 trillion and a trailing P/E ratio of 46.94 on October 16, 2026. Its dividend yield was 0.01 percent. The upcoming October 29 board meeting gives investors a defined date for the next reported operating figures and the dividend decision.

Comparison with peers

Asian Paints (NSE, INR): minus 0.77 percent, P/E 46.94, market capitalization INR 2.2 trillion
Berger Paints India (NSE, INR): plus 0.83 percent, P/E 45.40, market capitalization INR 552.6 billion
Kansai Nerolac Paints (NSE, INR): plus 3.49 percent, P/E 24.96, market capitalization INR 149.8 billion

Price remains below the yearly high

Asian Paints last traded at INR 2,331.90 on NSE on October 16, 2026 at 3:29 p.m. IST, down 0.77 percent versus the prior close of October 15, 2026. The stock remained 21.90 percent below its 52-week high.