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Brokerages raise Asian Paints price targets after strong Q1 earnings, but retain cautious stance
Brokerages increased price targets for Asian Paints after strong June quarter earnings. Most analysts maintained their existing recommendations for the paint company. Rich valuations and rising raw material costs limit the stock's upside potential. Intense competition also continues to affect the company's performance. Analysts' consensus price target suggests a ten percent upside from Thursday's close.
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economictimes.indiatimes.com
Asian Paints Q1 Results: Net profit surges 40% YoY to Rs 1,539 crore
Asian Paints Q1 Results: Asian Paints reported a strong Q1 FY27 performance, with consolidated net profit rising 40% year-on-year to Rs 1,539 crore, driven by robust demand and…
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thehindubusinessline.com
Asian Paints net up 43% on better realisation
Asian Paints reports a 43% net profit increase, driven by volume growth and effective pricing strategies in the June quarter.
