A technical scan on Nifty 500 stocks reveals that 6 shares were trading in overbought territory based on the RSI parameter, while 66 languished in the oversold zone a day ahead of the Union Budget.
Asian Paints' Q3FY26 performance highlighted resilient margins and easing input costs, but slower-than-expected demand recovery and muted volume growth have raised concerns among investors and analyst
Asian Paints share price today: Asian Paints shares slid sharply, falling 6.62 per cent to an intraday low of ₹2,451 on the BSE, making it the top loser on the Sensex.
India's largest paint maker reported net sales of Rs 8,867.0 crore, up 3.7 per cent from the previous year
Asian Paints attributed the decline in profit to exceptional items worth ₹157.61 crore, including a one-time expense of ₹63.74 crore due to the implementation of the Labour Code
Q3FY26 company results: Firms including Tata Consumer Products, Vishal Mega Mart, Sumitomo Chemical, Prime Focus, and Ramkrishna Forgings are also to release their October-December earnings today
Elara Capital analyst Amit Purohit said some players in the sector could still deliver double-digit volume growth despite broader demand headwinds.
According to Phillip Capital, the risk reward is now favourable for market leaders that are well positioned to navigate near-term volatility and benefit from the revival in India's paint demand
Asian Paints share price moved higher by 2 per cent to ₹2,920.50 on the BSE in Tuesday's intraday trade
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Asian Paints has entered a three-year partnership with the BCCI as Team India's official colour partner, covering 110 matches and offering on-ground activations, digital fan engagement
Asian Paints has regained momentum and is set to maintain its dominance after outperforming the industry in the September quarter, Nuvama said
Volume growth in low double digits and lower raw material costs lifted margins for Asian Paints, though management remains cautious amid intense rivalry and extended monsoon impact
ICICI Securities, which had upgraded the Asian Paints stock in June 2025, said several tailwinds are now in place.
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The paint major's profit rose to Rs 993.6 crore in Q2 FY26 as domestic decorative volumes grew 10.9% and international sales gained nearly 10%, helping improve margins and overall profitability
Asian Paints' revenue from sales stood at ₹8,513.7 crore, up 6.4 per cent from ₹8,003 crore in Q2FY25
Q2FY26 company results: Firms including Hindustan Aeronautics, Cochin Shipyard, Indraprastha Gas, Info Edge (India), and Pfizer are also to release their July-September earnings reports today
Birla Opus' early gloss fades, giving seasoned players room to repaint the market as disruption fears dry out and demand colours back in