Asian Paints stock surged over 8% in two trading sessions, driven by a strong second-quarter performance and the exit of a rival CEO. The company’s net profit jumped 43%, exceeding expectations and prompting price target upgrades from analysts. Despite renewed investor interest, some analysts remain cautious about a sustained rally, citing capped upsides after the recent run-up.
Pankaj Tibrewal sees stronger top-line growth driving India’s next earnings cycle
Indian companies are poised to navigate input cost pressures and sustain growth, with the upcoming earnings season expected to be the next market trigger. Experts