Preview: India's Asian Paints rises ahead of quarterly results

Asian Paints

29/07/2026 06:34

** Shares of Asian Paints ASPN.NS rise 1% to 2,762.90 rupees ahead of Q1 results
** Seven analysts, on average, expect 9.3% y/y Q1 profit rise - LSEG-compiled data
** Philip Capital expects 12.6% rev growth driven by price hikes, resilient pre-buying-led volumes 
** EBITDA growth may lag at 7.3% due to margin pressure from elevated raw material costs and delayed price pass-through - Philip Capital
** PL Capital says ASPN likely to see healthy Q1 demand, supported by pre-price-hike channel stocking, delayed monsoons, strong urban demand
** 35 analysts have "hold" rating on avg; median PT 2,915 rupees - LSEG-compiled data 
** YTD, ASPN down 0.2% vs Nifty 50's .NSEI 7.3% drop
($1 = 95.6675 Indian rupees)

(Reporting by Urvi Dugar and Kashish Tandon in Bengaluru)
((UrviManoj.Dugar@thomsonreuters.com;))