“Margin improvement is volatile as the small impact on utilisation for its network impacts the margin as pricing power is limited,” said the brokerage, while slashing its target price from ₹600 to ₹488.
Indian benchmarks indices ended lower on Wednesday, as advances in heavyweight financials and oil and gas firms were offset by losses in consumer stocks. Investors
Amit Syngle, MD & CEO of Asian Paints, highlights the competitive environment with new market entrants and challenges like fluctuating crude oil prices affecting the
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