{"id":2034,"date":"2020-01-04T14:27:00","date_gmt":"2020-01-04T14:27:00","guid":{"rendered":""},"modified":"2025-11-10T15:53:28","modified_gmt":"2025-11-10T10:23:28","slug":"investing-in-stock-of-asian-paints","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/investing-in-stock-of-asian-paints\/","title":{"rendered":"Asian Paints Share Price Up By 160x in 20 Years. Worth Investing Now? – Research & Ranking"},"content":{"rendered":"
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For investors on the lookout for multibagger stocks<\/a> in the Indian stock market<\/a>, one name which even today deserves a look at is Asian Paints. From a modest price of Rs. 16.25 in Jan 2000, the stock has risen to Rs.2600 levels in Dec 2020, generating multibagger returns.<\/p>\n\n\n\n

Even if one had missed out investing in Asian Paints at IPO<\/a> stage, an investment just ten years back in 2009 in the stock would have still given a return of more than ten times to an investor.<\/p>\n\n\n\n

Is there any further upside in Asian Paints share price?<\/h2>\n\n\n\n

To answer this question, one should look at the company and what it does. As quoted by Peter Lynch “Behind every stock is a company. Find out what it’s doing,”<\/p>\n\n\n\n

Founded in the year 1942, today, Asian Paints is India’s largest and Asia’s third-largest paint manufacturing company. The company, along with its subsidiaries, has operations in 22 countries across the world with distribution in 65 countries.<\/p>\n\n\n\n

The success story of Asian Paints<\/a> can be largely attributed to its ability to connect with its dealers and consumers easily across various economic demographics. <\/p>\n\n\n\n

The company directly supplies its paints to approximately 50,000 retail shops across India through a huge network of depots. Asian Paints has also partnered with retailers to offer customized services. Over the last few years, the company has added hundreds of \u201cColour Ideas\u201d stores where customers can get custom advice on paint solutions for their homes from an Asian Paint\u2019s authorized colour consultant.<\/p>\n\n\n\n

Besides this, Asian Paints has consistently innovated in consumer approach by introducing colour via concepts like Colour World (Paint mixing systems where customers can choose colours from a shade card and get the required colour mixed), Royale Play, where special effects are made through various painting tools, Kids World (Fun painting ideas for kid\u2019s rooms) and Home Painting Services which is convenient and fast.<\/p>\n\n\n\n

Key strengths of the company at a glance<\/h3>\n\n\n\n