“Asian Paints’ strong revenue delivery and market share gains are impressive; however, rich valuation at 57 times FY24 estimated earnings per share, especially in the context of Grasim’s impending entry limits any upside,” said Axis Capital.
The markets broke out after six weeks of consolidation, with the Nifty gaining 2.09%. Support levels have risen to the 25100-25150 zone, and leadership is
The squeeze sets the stage—the breakout steals the show. For 31 trading sessions, the Nifty moved in a narrow consolidation range, building silent pressure with
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