Asian Paints (APL) witnessed 10.5% growth in net sales to | 4260.5 crore (I-direct estimate - | 4460.4 crore) mainly led by a mix of volume growth and price hikes. We believe volume growth has been to the tune of 5% during the quarter. Decorative paints demand remained muted for the company due to lower demand in south India that was impacted by extended monsoons and continued GST related disruptive environment, in general Operating margin improved 120 bps to 20.9% (I-direct estimate:...