Monarch Networth Capital has initiated coverage on Asian Paints, Colgate Palmolive India and Kansai Nerolac Paints, citing strong brands, extensive distribution and resilient domestic demand. The brokerage sees Kansai Nerolac offering the highest upside of 16.6%, followed by Asian Paints at 14% and Colgate at 7.7%.

Paintmaker cites healthy demand despite geopolitical disruptions; expects festive season to support growth.

Monarch Networth Capital has initiated coverage on Asian Paints, Colgate Palmolive India and Kansai Nerolac Paints, citing strong brands, extensive distribution and resilient…