Will asian paint cross Rs.10000/- in 2030 ? Know long term target

Asian Paints Ltd is a leading paint company in India that manufactures a wide range of decorative and industrial paints. Founded in 1942, the company has become a household name in India due to its high-quality products and innovative marketing strategies. With a strong presence in over 20 countries, Asian Paints Ltd has established itself as a global player in the paint industry.

 

Asian Paints Ltd Share Price Target long term Forecast

 

 

 

 

ASIANPAINT Technical Analysis:

below is the technical analysis of ansian paint. now the price is 2824 on 20 march 2024. it has corrected approx 20% from his recent top of rs3543. as far as i konw, it has very big support at rs2600/- .
big player will be activated on this support. this is good apportunity for those investors who are looking for long term investment. it price crosss above 2900 then it will rcover and goes to its recent high of rs.3543.
if price goes below the 2600 then next support will be 2350rs for this stock.

the long term target for 2030 of asian paint is 10000 per share

the long term target for 2030 of asian paint is 10000 per share. it is increase at 19% rate of CAGR.
you can see the snapshot of stockscreener website where it shows it is performing well and providing approx 19% cagr from last 10 years
ASIAN PAINT long term target 2030

Asian Paints Share price between 2024 and 2030

Asian Paints Share price forcast prected by stockintrend.in between 2024 and 2030 are represented in the following tables.
Asian Paints Share Price Target (2024)
Month (2024) Maximum TargetĀ in Rs. Minimum Target in Rs.
January 2800 2950
February 2900 3000
March 3000 3050
April 3100 3100
May 3200 3150
June 3300 3200
July 3400 3250
August 3500 3300
September 3600 3350
October 3700 3400
November 3800 3450
December 3900 3500
Asian Paints Share Price Target (2025)
Month (2025) Maximum Target Minimum Target
January 3950 3550
February 4000 3600
March 4050 3650
April 4100 3700
May 4150 3750
June 4200 3800
July 4250 3850
August 4300 3900
September 4350 3950
October 4400 4000
November 4450 4050
December 4950 4100
Asian Paints Share Price Target (2026 to 2030)
Year Maximum Target Minimum Target
2026 5000 4600
2027 6000 5600
2028 7000 6600
2029 8000 7600
2030 10000 8600

History of Asian Paints Ltd

Asian Paints Ltd was founded by Champaklal Choksey, Chimanlal Choksi, Suryakant Dani, and Arvind Vakil as a partnership firm in Mumbai. The company started off by manufacturing paint in a garage and selling it to local communities. In 1945, the company incorporated as a private limited company and began expanding its product portfolio.

Over the years, Asian Paints Ltd has grown significantly through strategic acquisitions and partnerships. In 1976, the company became a public limited company and made its debut on the Bombay Stock Exchange. Since then, Asian Paints Ltd has consistently delivered strong financial performance and has become the market leader in the paint industry in India.

Support and Resistance of Asian Paints Ltd Stock

The support and resistance levels of a stock are important indicators for investors to determine the potential price movements. In the case of Asian Paints Ltd, the support level is around Rs 2,500, while the resistance level is around Rs 3,000. These levels indicate that the stock is currently trading in a range-bound pattern and investors should be cautious when making trading decisions.

Target Price of Asian Paints Ltd Stock in 2030

Experts and analysts have predicted a bullish target price for Asian Paints Ltd stock in 2030. Based on the company’s strong financial performance and market leadership, the target price is estimated to be around Rs 5,000. This target price represents a significant upside potential for investors who are looking to invest in the stock for the long term.

Short-Term Trend of Asian Paints Ltd Stock

In the short term, the trend of Asian Paints Ltd stock is expected to be bullish. The stock has been showing strong upward momentum in recent months and is likely to continue its upward trajectory in the near future. Investors who are looking to capitalize on short-term trading opportunities should consider buying the stock at current levels and booking profits when the stock reaches the resistance level.

Long-Term Trend of Asian Paints Ltd Stock

The long-term trend of Asian Paints Ltd stock is also bullish. The company has a strong track record of delivering consistent financial performance and has a solid growth strategy in place. With a dominant market position in the paint industry in India, Asian Paints Ltd is well-positioned to capitalize on the growing demand for paints and coatings in the country. Investors who are looking to invest in the stock for the long term can expect to see significant returns over the next decade.

FAQs about Asian Paints Ltd share:

Q: What are the key growth drivers for Asian Paints Ltd?
A: The key growth drivers for Asian Paints Ltd include increasing urbanization, rising disposable incomes, and growing infrastructure development in India. These factors are expected to drive demand for paints and coatings in the country and support the company’s growth trajectory.

Q: Is Asian Paints Ltd a good investment for long-term investors?
A: Yes, Asian Paints Ltd is considered a good investment for long-term investors due to its strong market position, consistent financial performance, and growth prospects. The company’s diverse product portfolio and innovative marketing strategies make it an attractive investment option for investors who are looking for stable returns over the long term.

Q: What are the risks associated with investing in Asian Paints Ltd?
A: Some of the risks associated with investing in Asian Paints Ltd include competition from other paint companies, fluctuations in raw material prices, and regulatory challenges in the paint industry. Investors should conduct thorough research and analysis before making investment decisions in the company.