Asian Paints up 4% on Q4 beat. What are brokerages saying?

June 1, 2026

Asian Paints shares rose sharply after the company reported a 69% year-on-year jump in Q4FY26 profit and stronger margins. While Nomura reiterated its Buy call with a Rs 3,600 target price, Motilal Oswal maintained a Neutral stance, citing demand uncertainties despite raising earnings estimates and growth expectations.

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ITC’s tobacco business is going cheap but Kotak Institutional Equities thinks market has it wrong

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