Asian Paints Shares Rise for 3rd Day on Jul 9 Amid Hopes of Business Turnaround

Asian Paints stock continued its upward movement on July 9, marking a third consecutive day of gains. The momentum comes amid optimism around a possible cyclical recovery in its core business.

On July 9, 2025, Asian Paints share price was quoted at ₹2,507.00, up ₹22.40 or 0.90% from the previous close of ₹2,484.60. The stock opened at ₹2,520.50 and touched an intraday high of ₹2,535.00 before slipping to a low of ₹2,495.70. The traded volume stood at 14.24 lakh shares with a total traded value of ₹358.51 crore. The buy quantity was recorded at 1.43 lakh shares against a sell quantity of 2.19 lakh, suggesting a slightly higher selling pressure.

Asian Paints Stock Recovers After Years of Underperformance

Asian Paints shares have been gaining steadily, even as the stock has underperformed the Nifty 50 since early 2021. While the benchmark index surged over 82% during this period, Asian Paints declined 15%, weighed down by various operational and macro challenges.

The recent uptick is being linked to a brighter outlook for a cyclical upturn in the company’s core fundamentals. Market observers note that while risks remain, the downside appears limited and any sustained turnaround in performance could unlock significant upside for the stock.

Read More: Why Asian Paints Shares were Down 30% from 52-Wk High? A Deep Dive into Industry Changes.

Q4 FY25 Results Offer Context on Recent Headwinds

In its Q4 FY25 earnings, Asian Paints reported a rare dip in profitability. Consolidated net profit came in at ₹692.1 crore, marking a sharp 44.9% year-on-year fall from ₹1,256.7 crore in Q4 FY24. Sequentially, profits declined by 37.7%.

Revenue from operations fell 4.3% YoY to ₹8,358.9 crore. The company's standalone revenue dropped by 5%, while decorative coatings volume growth was muted at just 1.8%.

This performance highlights the challenges the company has been facing in recent quarters, including fluctuating raw material costs, softer demand, elevated trade expenses, and changes in leadership roles.

Conclusion

While Asian Paints continues to face challenges stemming from past operational pressures and subdued quarterly results, the recent share price recovery suggests growing market optimism around a potential business turnaround. The company's performance in the coming quarters will be key in validating these expectations and shaping its longer-term trajectory.

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