Asian Paints share price: CLSA maintains Outperform rating - Target price Rs 2285
Asian Paints management reported that most of the growth came from tier 2-4 cities. With an increased focus on the economy segment, where margins are similar to different portfolio products, management expects rural to do some of the heavy lifting given a good monsoon and it is hopeful that the upcoming marriage season could lead to a further spurt in the demand.
Asian Paints has gradually expanded from paint to services and now the lightning, furnishing and furniture segments: Youtube