ASIAN PAINTS LTD

Asian Paints Long Term

350
Technical Analysis :

-- Strict Stop Loss = 3077
-- Target - 1 = 3387
-- Target - 2 = 3625
-- Target - 3 = 4232
-- Strong support at 2786.
-- Touching 55 EMA

Fundamental Analysis :

-- Current price is more than the intrinsic value
-- Maintaining a healthy dividend payout
-- CAGR: 10 years - 22%
-- Cash Flow is negative
-- ROCE : 27 %

As the PE ratio is a little high compared to the Median PE i.e 68.8. So keep on investing in a small amount

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