The Nikkei 225 has risen by 17%, benefiting from Japan’s economic recovery and strong corporate earnings. China’s Shanghai Composite has increased by 14%, supported by a rebound in industrial activity.
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