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Two price hikes in Dec qtr reverse Asian Paints' falling margin trajectory
The company expects March quarter (Q4) to be better than Q3
Despite strong Q3 hopes, upsides for Asian Paints' stock could be capped
Pandemic related restrictions, rural slowdown and input costs are key concerns
A tug-of-war between bulls and bears: Analysts divided on Asian Paints
But given an optimistic market and a good monsoon, an upside is more likely
Asian Paints: Price cuts aid volumes
Lower input costs help margins in the quarter, boosting overall performance