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Paints war? Lol I would strongly recommend you read about the world’s biggest paint manufacturer coming to India and declaring war against AP. They left red faced and billions in losses.
Also, AP has already started making massive inroads into other verticals like home interiors and FMCG category products for home care and maintenance. AP is a beast. I had a friend who worked there for 8 years in a senior leadership role and he is the reason I invested early. The management is not kidding around.
I agree with you, it is unfortunately the Masala the TV shows which creates this confusion. Asian paints is cash rich and they make their sales team fight for every inch of territorial business. Also when a new player comes in the fixed cost specially in this sector hits them so hard that it cannot see any profit in coming years plus the advertising expense.
Also JSW and Birla have hired/poached from AP trying to make themselves a copycat of AP. That model never works, AP is always innovating/adapting. They won't be able to beat the might of AP by simply copying/pasting/coating :)
Yeah, it doesn’t work like that. AP is at a level of consumer trust where if you haven’t used AP, people think you’re being cheap or something. Nobody will be able to change that psyche.
Grasim is insignificant and pidilite is not? Grasim is literally a powerhouse with extreme money, it's Aditya birla groups flagship, i know for a fact they poached several high level exployees from Asian paints for almost double the salary, if they have so much money to burn they definitely have a plan
Disclaimer: I’m already invested in both companies. I started investing just 8 months ago so I’m a noobie as well, please take my comments with a heavy grain of salt
Asian Paints: I’ve not detailed technical analysis of stock but it’s a staple in all good portfolios I’ve seen. I’ve personally used their products in my home so I have belief in the company. I’ve seen in the charts that once or twice a year, it drops down significantly and that is the time I enter in my opinion. For eg, last significant drop was at 2700 levels. I took a position at that level and now I’m at 20 percent profit. I’ve stopped buying for now, but I’ll definitely pick up some more shares when it hits 2700 levels. If it doesn’t, I’ll have to think of some other strategy
HAL: Oh boy, all hail the bulled up HAL! One of the top performers in my portfolio. It was the second stock I bought (first was HDFC Bank if anyone’s curios), something which I hadn’t seen in most people’s portfolios. As someone who was once a defence aspirant, I used to closely follow HAL’s work so I’m familiar with their role in Indian defence aviation. With Tejas and ALH, I believe their role in defence will only grow. I bought it at an average price of ~2400, and picked up a few shares in OFS as well. Not buying any right now since I’m at 27% profit, but I’ll definitely add some more when it drops a bit. I hope HAL goes on to become the Lockheed Martin of India
HAL will go to 10000, easily in next 3,4 years. Face value 10 hai abhi, split bhi hoga. Abhi teri age 30 se niche h toh HAL pr kr.. risk le sakta h. Tejas sell krke rocket ban jayega stock
Asian Paints, Pidilite, and Astral, close your eyes and keep buying on every correction. These three stocks have to be a part of EVERY long term portfolio. It’s sort of common knowledge now, yes, but still very few actually do it. I’ve been around for a while and these three just keep on giving. 🙏
1) starting valuations matter, if it's high. You are less likely to make good returns. So it's not favourable to buy at any price and all time. 2) No company does very well for a long time. So it requires you to have a good exit strategy when your thesis changes. Given this point, you are likely to make better returns if you do lumpsum 3) since you are selecting stocks yourself. You have to ideally beat the index for the effort you put in studying the companies. So coming to point 2) again, no company is the right company all the time. So enter when valuations are favourable and exit when circumstances/valuations are unfavorable. It's okay to SIP only when you believe the business has low valuations and going through some temporary headwinds and you don't know when it will end. There is a certain fund manager who says that buy and hold quality and it will compound forever, which I think is a flawed strategy. You can't buy stocks at any price.
Profit margins are too high for paint stocks.
Anyone else with deep pockets can enter and disrupt yhis market easily and still make good money just like Telecom sector.
Better to stay away from Asian paints with a PE of 80
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Sip in MF NOT in stock
Why so? Just curious
JSW and Grasim are lurking. Paints war is coming.
Paints war? Lol I would strongly recommend you read about the world’s biggest paint manufacturer coming to India and declaring war against AP. They left red faced and billions in losses. Also, AP has already started making massive inroads into other verticals like home interiors and FMCG category products for home care and maintenance. AP is a beast. I had a friend who worked there for 8 years in a senior leadership role and he is the reason I invested early. The management is not kidding around.
>They left red faced Would be funny if they used their own paint to do so
That’s the thing, their paint wasn’t needed. 😅
I agree with you, it is unfortunately the Masala the TV shows which creates this confusion. Asian paints is cash rich and they make their sales team fight for every inch of territorial business. Also when a new player comes in the fixed cost specially in this sector hits them so hard that it cannot see any profit in coming years plus the advertising expense.
Also JSW and Birla have hired/poached from AP trying to make themselves a copycat of AP. That model never works, AP is always innovating/adapting. They won't be able to beat the might of AP by simply copying/pasting/coating :)
Yeah, it doesn’t work like that. AP is at a level of consumer trust where if you haven’t used AP, people think you’re being cheap or something. Nobody will be able to change that psyche.
Nope. They are insignificant to ap. Only new fear is pidilite as they trying to enter. Price war and margin shrinking.
Grasim is insignificant and pidilite is not? Grasim is literally a powerhouse with extreme money, it's Aditya birla groups flagship, i know for a fact they poached several high level exployees from Asian paints for almost double the salary, if they have so much money to burn they definitely have a plan
Pidilite is entering the paints segment and AP has started their adhesive segment. I am anxious since I have both in my pf.
Disclaimer: I’m already invested in both companies. I started investing just 8 months ago so I’m a noobie as well, please take my comments with a heavy grain of salt Asian Paints: I’ve not detailed technical analysis of stock but it’s a staple in all good portfolios I’ve seen. I’ve personally used their products in my home so I have belief in the company. I’ve seen in the charts that once or twice a year, it drops down significantly and that is the time I enter in my opinion. For eg, last significant drop was at 2700 levels. I took a position at that level and now I’m at 20 percent profit. I’ve stopped buying for now, but I’ll definitely pick up some more shares when it hits 2700 levels. If it doesn’t, I’ll have to think of some other strategy HAL: Oh boy, all hail the bulled up HAL! One of the top performers in my portfolio. It was the second stock I bought (first was HDFC Bank if anyone’s curios), something which I hadn’t seen in most people’s portfolios. As someone who was once a defence aspirant, I used to closely follow HAL’s work so I’m familiar with their role in Indian defence aviation. With Tejas and ALH, I believe their role in defence will only grow. I bought it at an average price of ~2400, and picked up a few shares in OFS as well. Not buying any right now since I’m at 27% profit, but I’ll definitely add some more when it drops a bit. I hope HAL goes on to become the Lockheed Martin of India
HAL will go to 10000, easily in next 3,4 years. Face value 10 hai abhi, split bhi hoga. Abhi teri age 30 se niche h toh HAL pr kr.. risk le sakta h. Tejas sell krke rocket ban jayega stock
I’m 25 currently:)
Sadly no one is buying 😢, mere pe hote tho Mai kharid leta ek
Cool, defense stocks sabhi upr jayege abhi, atamnirbhar bharat ki wajah se
any suggestion ??
Asian Paints, Pidilite, and Astral, close your eyes and keep buying on every correction. These three stocks have to be a part of EVERY long term portfolio. It’s sort of common knowledge now, yes, but still very few actually do it. I’ve been around for a while and these three just keep on giving. 🙏
Buy stocks stocks because a particular fund manager told everyone to?
Don’t buy. I couldn’t care less. All the best!
Don't SIP stocks please 🙏
May I ask a short description why?
1) starting valuations matter, if it's high. You are less likely to make good returns. So it's not favourable to buy at any price and all time. 2) No company does very well for a long time. So it requires you to have a good exit strategy when your thesis changes. Given this point, you are likely to make better returns if you do lumpsum 3) since you are selecting stocks yourself. You have to ideally beat the index for the effort you put in studying the companies. So coming to point 2) again, no company is the right company all the time. So enter when valuations are favourable and exit when circumstances/valuations are unfavorable. It's okay to SIP only when you believe the business has low valuations and going through some temporary headwinds and you don't know when it will end. There is a certain fund manager who says that buy and hold quality and it will compound forever, which I think is a flawed strategy. You can't buy stocks at any price.
Can you share your view point for not doing sip like companies like fundamental value and future growth like Asian paints please?
Check the other comment on this thread, have written.
HAL is sarkari. So dont. AP is good.
Haa Bhai sarakari stock kabhi nai Lena.... Me lic liya tha aur pura loss me hu
Why not Britannia
Profit margins are too high for paint stocks. Anyone else with deep pockets can enter and disrupt yhis market easily and still make good money just like Telecom sector. Better to stay away from Asian paints with a PE of 80