Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

From the Sensex pack, ICICI Bank, Tech Mahindra, Asian Paints, Tata Steel, Kotak Mahindra Bank, HDFC, HDFC Bank, Titan and NTPC were among the major winners in early trade.

Ahead of budget 2023 announcement, Sensex climbs to over 60,000, Nifty at 17,815

HUL, Asian Paints, Bajaj Finance, JSW Steel and Nestle India were among the biggest losers on the Nifty, while Coal India, HDFC Bank, Power Grid Corporation, HDFC and ITC ended on top of the heap

Taking Stock | Another day of selling; Sensex down 236 points, Nifty below 18,100

From the Sensex pack, Tech Mahindra, Larsen & Toubro, Tata Consultancy Services, HCL Technologies, Nestle, Infosys, Bajaj Finance, Asian Paints and Bajaj Finserv were the major laggards.

Opening bell: Day before budget, Sensex trades in red at 59,297, Nifty slumps to 17,596

From the Sensex pack, Bajaj Finance, UltraTech Cement, Bajaj Finserv, HCL Technologies, NTPC, Asian Paints, Infosys, Wipro, Maruti, Mahindra & Mahindra and Tata Consultancy Services were among the major winners.

Closing bell: Sensex settles in green at 59,500, Nifty climbs to 17,649

Among Sensex stocks, SBI, IndusInd Bank, HDFC Bank, Axis Bank, HDFC, Tech Mahindra, ICICI Bank, Ultratech Cement, L&T, Bajaj Finserv, Reliance, HCL Tech, Asian Paints, Wipro and M&M were the major losers.

Sensex, Nifty tank 1% on selling in financial, oil, IT shares

Among Sensex stocks, SBI, IndusInd Bank, HDFC Bank, Axis Bank, HDFC, Tech Mahindra, ICICI Bank, Ultratech Cement, L&T, Bajaj Finserv, Reliance, HCL Tech, Asian Paints, Wipro and M&M were the major losers.

Sensex slumps 774 points to settle at 60,205, Nifty ends in red at 17,892

Asian Paints reported a 5.6 per cent year-on-year (YoY) consolidated net profit after minority at Rs 1,072.67 crore compared with Rs 1,015.69 crore in the corresponding quarter last year.

Asian Paints shares climb today, snapping 3-day fall; Geojit sees 10% potential upside

Small-cap stocks will make money because the days of HDFC Bank and Asian Paints making money for investors are over, says the ace investor

Market Today Summit: It’s an under-appreciated skill to get bear market right, says Shankar Sharma

While Tata Motors, HDFC Bank, HCL Tech, Asian Paints, Infosys, Bajaj Finserv, Tech Mahinrda, IndusInd Bank, Bajaj Finance, HDFC and Maruti were major gainers, Power Grid, Ultratech Cement, Bharti Airtel, Tata Steel and Axis Bank declined

Sensex, Nifty advance on gains in IT, financial stocks amid global gains

Among Sensex stocks, Tata Motors, HDFC Bank, HCL Tech, Asian Paints, Infosys, Bajaj Finserv, Tech Mahinrda, IndusInd Bank, Bajaj Finance, HDFC and Maruti were major gainers.

Sensex climbs 273 points to open at 61,215, Nifty in green at 18,185

Results Review for Hindustan Unilever, Asian Paints, Havells India

Asian Paints Limited is a paint company. The Company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services.

Asian Paints Ltd

Asian Paints Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Ahead of budget 2023 announcement, Sensex climbs to over 60,000, Nifty at 17,815

Taking Stock | Another day of selling; Sensex down 236 points, Nifty below 18,100

Opening bell: Day before budget, Sensex trades in red at 59,297, Nifty slumps to 17,596

Closing bell: Sensex settles in green at 59,500, Nifty climbs to 17,649

Sensex, Nifty tank 1% on selling in financial, oil, IT shares

Sensex slumps 774 points to settle at 60,205, Nifty ends in red at 17,892

Asian Paints shares climb today, snapping 3-day fall; Geojit sees 10% potential upside

Market Today Summit: It’s an under-appreciated skill to get bear market right, says Shankar Sharma

Sensex, Nifty advance on gains in IT, financial stocks amid global gains

Sensex climbs 273 points to open at 61,215, Nifty in green at 18,185

Asian Paints Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Ahead of budget 2023 announcement, Sensex climbs to over 60,000, Nifty at 17,815

Taking Stock | Another day of selling; Sensex down 236 points, Nifty below 18,100

Opening bell: Day before budget, Sensex trades in red at 59,297, Nifty slumps to 17,596

Closing bell: Sensex settles in green at 59,500, Nifty climbs to 17,649

Sensex, Nifty tank 1% on selling in financial, oil, IT shares

Sensex slumps 774 points to settle at 60,205, Nifty ends in red at 17,892

Asian Paints shares climb today, snapping 3-day fall; Geojit sees 10% potential upside

Market Today Summit: It’s an under-appreciated skill to get bear market right, says Shankar Sharma

Sensex, Nifty advance on gains in IT, financial stocks amid global gains

Sensex climbs 273 points to open at 61,215, Nifty in green at 18,185

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock