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.
Nomura names GE Vernova, CG Power, 4 others among top plays on India’s decadal data centre opportunity
India’s data centre industry is entering a rapid growth phase, driven by digitalisation, cloud adoption and AI demand, according to Nomura. The brokerage sees strong