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Stagnant Asian Paints now attracts bulls

The Morning Standard

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July 15, 2024

SINCE making its market debut more than three decades ago, Asian Paints has been a consistent wealth creator for investors.

- ARSHAD KHAN

Stagnant Asian Paints now attracts bulls

Barring the year 2022, the stock has given positive returns every calendar year in the last decade and on most occasions has surpassed the gains by benchmark indices - Sensex and Nifty. Recovering sharply from the covid lows of March-April 2020, the stock more than doubled investors in less than two years and strengthened its position as the country's largest paint company.

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