Asian Paints Shares Rise 3% After ₹7,703 Crore Block Deal
📈 Asian Paints Shares Gain After Big ₹7,703 Crore Deal
Shares of Asian Paints Ltd., India’s largest paint manufacturer, saw a rise of 3% on Thursday, June 12, 2025, following a massive equity transaction in the pre-open block deal window.
💰 Big Transaction Boosts Stock Movement
In a major move, about 3.5 crore shares of Asian Paints were traded at an average price of ₹2,201 per share, with the total deal value hitting ₹7,703 crore. This trade accounted for 3.64% of the company's total equity. However, the buyers and sellers involved in this deal were not officially disclosed.
This large transaction sparked investor interest and pushed the stock up, despite some recent negative views from analysts.
🏦 Who Holds Stake in Asian Paints?
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Mutual Funds hold a 5.67% stake in the company. ICICI Prudential MF and SBI MF are among the notable shareholders.
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LIC (Life Insurance Corporation of India) owns a 8.29% stake.
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Retail investors (those investing up to ₹2 lakh) hold 11.84% of the company.
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Siddhant Commercials Pvt. Ltd. had a 4.9% stake as of March 31, 2025.
📉 What Are Analysts Saying?
Despite today’s gain, Asian Paints is under pressure from analysts. Morgan Stanley recently gave its lowest price target yet for the company — just ₹1,307 in a bear-case scenario. They expect more market share losses, slow growth, and weak margins over the next few years.
Here’s the current analyst sentiment:
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22 analysts have a “Sell” rating
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10 analysts suggest “Hold”
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Only 6 analysts recommend “Buy”
At the time of writing, Asian Paints shares were trading at ₹2,254.6, up by 2.1%.
🖌️ What’s Next for Asian Paints?
Asian Paints is a trusted brand, but rising competition and pressure on margins are causing concern among investors and analysts. This recent block deal has brought short-term attention, but the long-term outlook depends on how the company tackles competition and regains market share.
Reference from:-https://www.cnbctv18.com/market/asian-paints-share-price-block-deal-buyer-seller-competition-targets-returns-nifty-50-19619734.htm