Asian Paints shares in focus as Jefferies, Goldman Sachs, other brokerages cut target prices after Q2 results. Buy, sell or hold?

Wait 5 sec.

Asian Paints shares will be in focus after multiple brokerages cut their target prices despite the company reporting a 7% year-on-year rise in Q2 FY27 consolidated net profit to Rs 1,068 crore. Revenue grew 17% to Rs 9,977 crore, while expenses rose 19%. CEO Amit Syngle cited sharp raw material inflation and supply constraints stemming from geopolitical disruptions as key challenges during the quarter.