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Asian Paints Q1 Review - Weak Result Trend Continues, Recovery To Be Gradual: Nirmal Bang

The brokerage maintains “Accumulate” rating on the stock, owing to the weak outlook and expensive multiples inhibiting share price appreciation.

<div class="paragraphs"><p>An Asian Paints container outside a hardware store in Mumbai. (Photographer: Vijay Sartape/NDTV Profit)</p></div>
An Asian Paints container outside a hardware store in Mumbai. (Photographer: Vijay Sartape/NDTV Profit)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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