Mukul Agrawal’s wife-backed paint stock rallies 85% from its 52-week low, FII increases stake

Sirca Paints India share price has delivered a strong return of 85 per cent from its 52-week low. As of 11:13 AM, March 18, 2026, the share price is trading at Rs 425, up by 2.60 per cent on Wednesday. In recent trading sessions, the stock has delivered a growth of around 6.5 per cent over the last 2 consecutive days, closing in positive territory throughout the period.

Sirca Paints India Price recovery from 52-week low

Sirca Paints India has witnessed a surge of around 85 per cent from its 52-week low of Rs 230.69 recorded on April 7, 2025, with the stock currently trading at Rs 425. Over the past three years, the company has recorded a revenue CAGR of 24 per cent and a net profit CAGR of 21 per cent. The stock is currently trading below its 200-day moving average. In terms of volumes, the stock recorded a traded volume of 2.23 lakh shares compared to its 20-day average of 2.41 lakh shares. 

Quarterly Changes in Shareholding Structure

FII holding in Sirca Paints India Limited witnessed a QoQ increase to 6.92 per cent in December 2025 from 6.47 per cent in September 2025. Promoter holding remained stable at 65.19 per cent QoQ, while DII holding remained unchanged at 0.32 per cent, and public shareholding declined QoQ to 27.58 per cent from 28.02 per cent.

Ace Investor Mukul Agrawal’s wife, Asha Agrawal, first bought shares in Sirca Paints India Limited in September 2019 and currently holds a 2.52 per cent stake as of Q3 FY26, slightly lower from 2.62 per cent held in Q1 FY26.

Sirca Paints India Share Price Performance 

As of March 18 2026, Sirca Paints India Limited is trading at Rs 425.00, up 2.44 per cent for the day. Over the past month, the stock has declined by 6.41 per cent, while it has fallen 10.30 per cent over the last six months. However, on a yearly basis, the stock has delivered a return of 82.69 per cent.

About Sirca Paints India Limited

Sirca Paints India Limited is engaged in the manufacturing and distribution of premium wood coatings and decorative paints, primarily catering to the high-end interior segment. The company offers a range of products, including wood coatings, melamine, polyurethane (PU) coatings, and other speciality finishes, with a strong focus on imported and Italian technology-based products. It operates through a network of dealers and distributors across India and serves residential, commercial, and institutional customers.

Disclaimer: The article is for informational purposes only and not investment advice.