Archive · 13 Nov 2025
Asian Paints Shares Hit 52-Week High Amid Strong Q2 Results
Asian Paints, a large company that makes paint, just announced its financial results for the past three months.
The results were very good, showing a big jump in profit and a smaller, but still good, increase in sales.
Their operational earnings also grew significantly.
Because of this strong performance, the company's stock price went up a lot, reaching a new high for the year for the second day in a row.
Many people who study the stock market (analysts) have different opinions, with some recommending to buy the stock because they expect it to keep growing, while others suggest selling it because they are concerned about future growth and competition.
The company is also paying out a small dividend to its shareholders.
Asian Paints shares reached a fresh 52-week high for the second consecutive day on November 13.
The company reported a 47% year-on-year increase in consolidated net profit for Q2 FY26.
Revenue grew by 6.4% to Rs 8,531 crore, and EBITDA climbed 21.3% to Rs 1,503 crore in Q2 FY26.
Multiple brokerage firms issued varied ratings and price targets, with some recommending 'Buy' and others 'Sell'.
Asian Paints announced an interim dividend of Rs 4.50 per equity share for FY26.
- Who
- Asian Paints Ltd.
- What
- Shares hit a fresh 52-week high for the second consecutive day following strong Q2 FY26 earnings, with significant increases in net profit, revenue, and EBITDA.
- When
- Thursday, November 13
- Where
- Stock market (BSE)
- Why
- Stellar Q2 earnings, including a 47% year-on-year rise in net profit and positive domestic volume growth and margin expansion, leading to multiple analyst upgrades.
Buy Recommendations
Sell Recommendations
Price Target & Outlook
Buy Recommendations
Nuvama has a price target of Rs 3,390 with a 'BUY' rating, expecting further demand improvement. Motilal Oswal has a price target of Rs 3,000, reiterating a 'Neutral' rating with expectations of higher earnings. Jefferies has raised its price target to Rs 3,300 with a 'BUY' call, highlighting domestic volume growth and margin expansion. HSBC raised its price target to Rs 3,050, expecting market share gains and margin surprises.
Sell Recommendations
CITI has a 'SELL' rating with a price target of Rs 2,250, noting that the growth and margin improvement were on a weak base. Goldman Sachs has a 'SELL' rating with a price target of Rs 2,500, citing challenges in sustaining H2 growth and anticipating EBITDA margins between 18-20% due to high competition.
Growth & Sustainability
Buy Recommendations
Brokers highlighting strong Q2 performance with domestic volume growth, share gains, margin expansion due to cost efficiencies and benign input costs, and a stabilizing demand environment.
Sell Recommendations
Concerns raised about sustaining growth in the second half of the fiscal year, with some noting that the strong performance was on a weak base and competitive intensity remains high.
- Company
- Asian Paints Ltd.
- Reporting Period
- September Quarter (Q2 FY26)
- Net Profit Increase
- 47%
- Revenue Increase
- 6.4%
- EBITDA Increase
- 21.3%
- Consolidated PBDIT Margin Expansion
- 220 bps
- 52-Week High
- Rs 2,898.20
- Interim Dividend
- Rs 4.50 per equity share
Sources
IOL Chemicals shares rise 13% on strong Q2 earnings
Advanced Enzyme Q2 Results: Shares surge 8% after strong operating performance
Asian Paints shares hit 52 week high for second day, overbought on charts; price targets, outlook & more
