Asian Paints rating – Add: Firm’s focus on market share gains is paying off

Two-year revenue growth CAGR of 4% was a surprise; earnings CAGR of 17.3% estimated for FY21-23; ‘Add’ retained with TP of Rs 3,400

from The Financial Express https://ift.tt/3hZAIkS
https://ift.tt/eA8V8J ICICI Securities