Buy Asian Paints, target Rs 1,330: Jay Thakkar

Jay Thakkar of Anand Rathi has a buy call on Asian Paints with a target price of Rs 1,330.

The current market price of Asian Paints is Rs 1,294.05.

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


Jay Thakkar recommended keeping a stop loss at Rs 1,265.

Asian Paints, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 1,24,124.99 Crore) operating in the Paints and Pigments sector.

The company’s top management includes Dr.S Sivaram, Mr.Abhay Vakil, 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.

The company has Deloitte Haskins & Sells LLP as its auditors.

As on 30-06-2018, the company has a total of 959,197,790 shares outstanding.