Asian Paints shares dip 4% as Q1 profits fall by 24% YoY. Brokerages maintain neutral stance with varied target prices. Concerns over margin and revenue growth persist. Industry facing competitive pressures and potential market share shifts.
So, from the peak to correct around 15% kinds is I would say, but beyond that I would say then they start looking attractive again
Marico’s shares surged 9.3% after a 20% rise in Q2 net profit to Rs 433 crore. Analysts maintained buy ratings, with target prices ranging from
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