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Asian Paints (ASIANPAINT) Share Price Falls 2.01% to Rs 2,516.50; Valuation and Sector Context in Focus

2 Sept 202611:22 am

Asian Paints (ASIANPAINT) Share Price Falls 2.01% to Rs 2,516.50; Valuation and Sector Context in Focus

Asian Paints Share Price slipped to Rs 2,516.50 on 02 September 2026, down 2.01% for the day. The stock was lower by Rs 51.60 from the previous close of Rs 2,568.10, while the company’s market capitalisation stood at Rs 2,47,175.68 crore.

The supplied data confirms the decline, but it does not identify a company-specific trigger behind the move. Even so, the stock is drawing attention because it traded near the day’s low, remained below both its 50-day and 200-day moving averages, and still carried premium valuation multiples against its same-industry benchmark.

For anyone tracking Asian Paints Share Price today, the main questions are straightforward: whether the stock stabilises above the session low, how far its valuation premium stands relative to peers in paints, and whether profitability metrics continue to support that premium. The sections below review price action, fundamentals, sector context and peer positioning using only the supplied dataset.

Asian Paints (ASIANPAINT) Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 2,516.5
Previous Close Rs 2,568.1
Today's Move -Rs 51.60 (-2.01%)
Open Rs 2,554.95
High Rs 2,554.95
Low Rs 2,516
Turnover Rs 1.34 crore
Market Capitalisation Rs 2,47,175.68 crore
Market Cap Category Large Cap

The stock opened at Rs 2,554.95 and that also remained the session high. It then moved lower to an intraday low of Rs 2,516.00 before trading at Rs 2,516.50 at the captured time. That leaves the share very close to the day’s low and indicates persistent weakness through the session rather than a quick recovery from the opening.

The price is also below the 50-day moving average of Rs 2,682.72 and below the 200-day moving average of Rs 2,584.49. RSI stood at 45.53, which places the momentum reading in a middle zone rather than an extreme one on the supplied numbers. Turnover was Rs 1.34 crore at the time of the snapshot.

For short-term tracking, this means the decline is notable less because of any confirmed news trigger and more because the stock is sitting near the session low while trading under both major moving averages. In a large-cap name such as Asian Paints, that combination often keeps market participants focused on whether selling pressure fades or continues.

Asian Paints (ASIANPAINT) Fundamental Analysis

Metric Value
Market Capitalisation Rs 2,47,175.68 crore
P/E Ratio 51.7x
P/B Ratio 10.79x
ROE 21.62%
ROCE 28.22%
EPS Rs 49.68
Book Value Per Share Rs 237.98
Dividend Yield 1.07%

On fundamentals, the dataset shows a large and profitable business, but one that is still valued at a premium. Asian Paints trades at a P/E ratio of 51.7 and a P/B ratio of 10.79. Those are elevated multiples in absolute terms and become more important when the stock is under short-term pressure.

Profitability remains healthy on the available figures. ROE is 21.62% and ROCE is 28.22%, while EPS stands at Rs 49.68. Book value per share is Rs 237.98 and dividend yield is 1.07%.

Taken together, the numbers do not point to weak operating quality in the supplied snapshot. Instead, they suggest the current debate around Asian Paints is about valuation support: investors are weighing strong profitability and scale against a relatively expensive earnings and book-value multiple.

Sector and Industry Context

Metric Value
Sector Chemicals
Industry Paints
Benchmark Scope same industry
Company P/E Ratio 51.7x
Benchmark Median P/E 40.92x
Benchmark Average P/E 43.78x
Benchmark P/E Range 7.29x to 95.64x
Company P/B Ratio 10.79x
Benchmark Median P/B 5.56x
Benchmark Average P/B 5.52x
Company ROE 21.62%
Benchmark Median ROE 13.72%
Benchmark Average ROE 18.97%
Company ROCE 28.22%
Benchmark Median ROCE 18.37%
Benchmark Average ROCE 29.12%
Company Market Capitalisation Rs 2,47,175.68 crore
Benchmark Median Market Cap Rs 14,371.16 crore
Benchmark Average Market Cap Rs 48,798.7 crore

The sector snapshot places the company in the Chemicals sector and Paints industry, with benchmarking done against seven companies in the same industry. In that set, Asian Paints is the largest company by market capitalisation.

Its P/E of 51.7 is above the industry median of 40.92 and the average of 43.78. Its P/B of 10.79 is also above the benchmark median of 5.56 and average of 5.52, and matches the top end of the observed P/B range. That clearly marks the stock as a premium-valued name within this peer set.

Profitability provides some support for that premium. ROE of 21.62% is above the benchmark median of 13.72% and average of 18.97%. ROCE of 28.22% is well above the median of 18.37%, though slightly below the benchmark average of 29.12%. In short, the industry comparison shows a stock that is not only expensive versus the middle of the peer group, but also stronger than many peers on return ratios.

Peer Comparison

Company Symbol Market Cap (Cr) P/E P/B ROE (%) ROCE (%)
Berger Paints India BERGEPAINT 58,201.03 47.07 7.84 17.28 23.14
Kansai Nerolac Paints KANSAINER 15,605.39 26.21 2.27 8.78 12.44
Akzo Nobel India JSWDULUX 14,371.16 7.29 5.66 104.45 125.82
Indigo Paints INDIGOPNTS 5,501.66 34.77 4.74 13.72 18.37
Shalimar Paints SHALPAINTS 674.88 0 5.56 -37.68 -12.18

Peer comparison shows a familiar pattern. Berger Paints India trades at 47.07 times earnings and 7.84 times book, with ROE of 17.28% and ROCE of 23.14%. Kansai Nerolac Paints is cheaper at 26.21 times earnings and 2.27 times book, but its ROE and ROCE are lower at 8.78% and 12.44%.

Indigo Paints also sits below Asian Paints on valuation, at a P/E of 34.77 and P/B of 4.74, with ROE of 13.72% and ROCE of 18.37%. Akzo Nobel India stands out with a P/E of 7.29 and exceptionally high ROE of 104.45% and ROCE of 125.82%. Shalimar Paints has a P/B of 5.56, while its ROE and ROCE are negative at -37.68% and -12.18%.

Relative to this group, Asian Paints combines by far the largest market value with stronger return ratios than many peers, but also with richer valuation multiples. That is the central context around the current move.

Why Investors Are Watching Asian Paints

  • Asian Paints Share Price fell 2.01% to Rs 2,516.50 and stayed close to the session low.
  • The stock opened at Rs 2,554.95, which also remained the day’s high.
  • It traded below the 50-day moving average of Rs 2,682.72 and the 200-day moving average of Rs 2,584.49.
  • Its P/E of 51.7 and P/B of 10.79 are above industry median and average levels.
  • ROE of 21.62% and ROCE of 28.22% still indicate strong profitability versus much of the peer set.

About Asian Paints

Asian Paints is classified in the Chemicals sector and Paints industry in the supplied data. Within the same-industry benchmark of seven companies, it is the largest by market capitalisation at Rs 2,47,175.68 crore. That scale puts it well ahead of peers such as Berger Paints India, Kansai Nerolac Paints and Indigo Paints.

Track Asian Paints Share Price on Univest

Use Asian Paints (ASIANPAINT) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.

You can track Asian Paints Share Price on Univest for live price updates, moving-average context, valuation ratios, peer comparison and broader market insights. This helps frame daily price movement without treating short-term action as an investment call.

Disclaimer:    Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions

Why is Asian Paints Share Price falling today?

Ans.  Asian Paints Share Price is down 2.01% today at Rs 2,516.50 versus the previous close of Rs 2,568.10. The supplied data confirms the decline, but it does not establish a specific company-linked catalyst.

What is Asian Paints Share Price today?

Ans.  The stock was at Rs 2,516.50 in the supplied snapshot. It was lower by Rs 51.60 on the day, with an opening price of Rs 2,554.95 and an intraday low of Rs 2,516.00.

How much market capitalisation does Asian Paints have?

Ans.  Asian Paints has a market capitalisation of Rs 2,47,175.68 crore in the supplied data, placing it in the Large Cap category. It is also the highest market-cap company in its same-industry paints benchmark set.

Is Asian Paints expensive compared with its industry benchmark?

Ans.  On the supplied numbers, the stock trades at a P/E of 51.7 versus the industry median of 40.92 and average of 43.78. Its P/B of 10.79 is also above the benchmark median of 5.56 and average of 5.52.

What do Asian Paints profitability ratios show?

Ans.  The dataset shows ROE of 21.62% and ROCE of 28.22%. Those figures are above the industry median levels of 13.72% for ROE and 18.37% for ROCE. ROE stands at 21.62%.

How does Asian Paints compare with Berger Paints India?

Ans.  Asian Paints has a higher market cap at Rs 2,47,175.68 crore versus Berger Paints India’s Rs 58,201.03 crore. It also has higher ROE and ROCE, but trades at higher valuation multiples.

Where did Asian Paints trade during the session?

Ans.  The stock opened at Rs 2,554.95, which also stood as the day’s high, and fell to a low of Rs 2,516.00. The captured price of Rs 2,516.50 leaves it close to the session low.

What should investors monitor after this price fall?

Ans.  Investors may track whether the stock holds above the day’s low of Rs 2,516.00, how its valuation premium evolves, and whether profitability metrics such as 21.62% ROE and 28.22% ROCE continue to support attention.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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