Asian Paints Ltd.

NSE: ASIANPAINT | BSE: 500820 | ISIN: INE021A01026 | Industry: Paints
| Expensive Performer

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Asian Paints Ltd.
23 Jul 2021
2481.70
0.12%
Geojit BNP Paribas
Decorative business recorded 106% YoY volume growth and led to revenue growth of 91% YoY on a low base of Q1FY21. Pent-up demand from metros, Tier 1 and Tier 2 cities supported the volume growth while the South India market was impacted given protracted restrictive conditions. Input cost inflation led to a contraction in gross margin by 631bps...
Asian Paints Ltd. has an average target of 2462.38 from 8 brokers.
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