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Monarch Networth Capital has initiated coverage on Asian Paints, Colgate Palmolive India and Kansai Nerolac Paints, citing strong brands, extensive distribution and resilient domestic demand. The brokerage sees Kansai Nerolac offering the highest upside of 16.6%, followed by Asian Paints at 14% and Colgate at 7.7%.
Monarch Networth initiates coverage on Asian Paints, Colgate and Kansai Nerolac; sees up to 17% upside
Impact Score
Market Sentiment
→NeutralPrimary Sectors
Monarch Networth Capital has initiated coverage on Asian Paints, Colgate Palmolive India and Kansai Nerolac Paints, citing strong brands, extensive distribution and resilient domestic demand. The brokerage sees Kansai Nerolac offering the highest upside of 16.6%, followed by Asian Paints at 14% and Colgate at 7.7%.
Key Highlights
Monarch Networth Capital has initiated coverage on Asian Paints, Colgate Palmolive India and Kansai Nerolac Paints, citing strong brands, extensive distribution and resilient domestic demand.
The brokerage sees Kansai Nerolac offering the highest upside of 16.6%, followed by Asian Paints at 14% and Colgate at 7.7%..
Source
Economic Times
Published
2h ago
Impact Score
70 / 100
Category
Indian Markets
Moderate near-term volatility expected while markets assess implications for Indian Markets.
What this means
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