Sell Asian Paints, target Rs 1,070: Manas Jaiswal

Sell Asian Paints Ltd. at a price target of Rs 1070.0 and a stop loss at Rs 1116 from entry point.

Manas Jaiswal of manasjaiswal.com has a sell call on Asian Paints with a target price of Rs 1,070.

The current market price of Asian Paints is Rs 1,099.55.

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

Manas Jaiswal recommended to keep a stop loss at Rs 1,116.

Asian Paints, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 1,08,806.60 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.
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Company has BSR & Co. LLP as its auditors.

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