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 is a premium blue-chip company with its performance depending largely on household consumption, as well as the industrial and corporate segment to a lesser extent. The Q2, 2021-22, results will be released on October 21. Leading brokerages have released conflicting advisories after its Q1 results, and it is interesting to review those expectations.

In its own presentations after it declared the Q1 results, the company warned against steep material inflation, which had affected the margin and would remain a concern. Petrochemicals are a vital input, so that’s no surprise. Costs would have stayed elevated in Q2. Asian Paints