The Economic Times

Asian Paints shares in focus as Jefferies, Goldman Sachs, other brokerages cut target prices after Q2 results. Buy, sell or hold?

Asian Paints shares will be in focus after multiple brokerages cut their target prices despite the company reporting a 7% year-on-year rise in Q2 FY27 consolidated net profit to Rs 1,068 crore. Revenue grew 17% to Rs 9,977 crore, while expenses rose 19%. CEO Amit Syngle cited sharp raw material inflation and supply constraints stemming from geopolitical disruptions as key challenges during the quarter.