Lack of triggers in the near term may keep the upside capped for the shares as many investors remain underweight on the country’s largest two-wheeler maker despite institutional holding in the auto sector being close to a multi-quarter high.
Brokerages raise Asian Paints price targets after strong Q1 earnings, but retain cautious stance
Brokerages increased price targets for Asian Paints after strong June quarter earnings. Most analysts maintained their existing recommendations for the paint company. Rich valuations and