Company updateFinancial Express
Nomura sees up to 33% upside in select paint stocks
Positive+20
GreyOak summary
The broker projects up to 33% upside for Kansai Nerolac and 18% for Berger Paints, driven by effective product mix and dealer expansion. This positive outlook is set against a backdrop of rationalizing crude prices.
What it affects
- Berger Paints (I)BERGEPAINTPositive +20
Buy rating with 18% upside potential cited.Rolling sentiment Neutral 0
- Kansai Nerolac PaintsKANSAINERPositive +20
Buy rating with 33% upside potential cited.Rolling sentiment Positive +29
Source
Read the original at Financial ExpressMore Berger Paints (I) news
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