Read
Listen
Watch
Play
Find
Mail

  • Quotes

  • NAVs

  • News

  • Messages

  • Opinions

  • Notices

  • Videos
  Post a Message | Explore Forums  |  Browse Stock Messages  |  Hot Discussions  | Top rated Messages  | Top Boarders
Search: Messages    Stock    Boarder
 
Ads by Google
Moneycontrol.com >> Message Board >> View Messages >> Asian Paints
   You are here :     Moneycontrol     MMB    Stocks      Asian Paints                         Most active discussions of 2006 , 2007 & 2008
Asian Paints (1)   07-Jul-08 11:34Tracked by (0)  
Posted by:   Guest on ( 07-Jul-08 11:34 )
Price : BSE: Rs 1056.00 ( 2.76 % ), NSE: Rs. 1056.00 ( 2.31 % )
Yes, its good to buy this.
- The company has monopoly in paints
- International players cannot enter the paint market due to Indian conditions so they would in all probability need to do a tieup with Asian Paints if they want to enter the market
- Even in this major market fall of 22000 to 13000 in sensex, this stock has given a +26% growth over the year (dividends extra)
- Company has near zero load (debt/equity = 0.06)
- The stock has shown good growth. 500% from 2000 to 2008 (at current market price ~ 1050)

If you are a patient and long term investor, this may be a good stock.
But thats just my opinion and I may be wrong. Please read the Annual Reports (at least 5 years worth) for the company (or any other company for that matter) before investing.

Its not a good idea to invest in a stock based on the number of votes it gets in a forum.

Good Luck.

Feedback

Boarders Outlook on Asian Paints

negative outlook
saamraata

More from the Paints/Varnishes Sector

Berger Paints  |   ICI India  |   Jenson Nicholso  |   Kansai Nerolac  |   Shalimar Paints

Boarders tracking Asian Paints

My Multibaggers  |   nitin_sood77  |   sowjanya  |   raghu78  |   vignesh288  |   sangov2000  |   vgkgdvl  |   das_anirban  |   ysmuzumdar  |   shah_riddhi  |   dhrubajyoti.mon  |   manjyotikumar  |   MSadani  |   ash_sood  |   afrah786
 see more

CNBC TV18 CNN IBN CNBC Awaaz IBN 7 IBN LOKMAT