Asian Paints’ 12-quarter high margins do little to allay fears of bears; Check new price targets
After a slew of upgrades, nearly 47% of the 38 analysts that have coverage on Asian Paints Ltd., India’s largest paints company, have a “buy” rating on the stock after its March quarter results. However, the bears continue to highlight their concerns, with one even seeing the stock slip below the mark of ₹2,000 apiece….
