Why JP Morgan thinks Asian Paints is one step ahead of its peers?
Asian Paints share price: While the lack of positive revenue is surprising for the brokerage firm, it has still maintained its Neutral rating and has given a target of Rs 3365 apiece.
Asian Paints share price: Volume growth is normalising as pent-up demand fades and the cap share price is on the upside with valuations at 60x FY24E P/E.