We expect Asian Paints (APL) to reinforce its leadership in FY23 with double-digit volume growth. Q2FY23 in our view, will likely benefit from a strong September, but see a weak Jul-Aug as heavy rains delay exterior painting. On a three-year basis, APL’s 20% CAGR is much brighter than the industry’s ...
See Details: Asian Paints Rating: buy; Not just a shade card; a full catalogue