Buy Asian Paints, target Rs 1,167: Rakesh Bansal

Rakesh Bansal of R K Global has a buy call on Asian Paints with a target price of Rs 1167.

The current market price of Asian Paints is Rs 1127.75.

Time period given by the analyst is 'Intra Day' when Asian Paints price can reach defined target.

Rakesh Bansal recommended to keep a stop loss at Rs 1,100.


Asian Paints, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 1,08,173.53 Crore) operating in Paints and Pigments sector.

The company’s top management includes Dr.S Sivaram, Mr.Abhay Vakil, Mr.Ashwin Choksi, Mr.Ashwin Dani, Mr.Deepak Satwalekar, Mr.K B S Anand, Mr.M K Sharma, Mr.Mahendra Choksi, Mr.Mahendra Shah, Mr.Malav Dani, Mr.R Seshasayee, Mr.S Ramadorai, Mrs.Vibha Paul Rishi, Ms.Amrita Vakil.

Company has BSR & Co. LLP as its auditors.

As on 31-12-2017, the company has a total of 959,197,790 shares outstanding.