ASIAN PAINTS FOR 50% GAINLeading company in the paints sector, Hit by the fear of new players coming in to the sector to disrupt the market, but the reality is The old player & the big player remains tobe the leader in the industry.
In the long term There's no sign of slowdown in the future.
Asian Paints, Indigo Paints, Berger Paints, Kansai Nerolac All are looking Lucrative .
Per capita paint consumption is very low compared to global average.
India's growth story for Upcoming decades looks Strong indicates a rise in the Paint consumption.
The leading company in the paints sector knows how to tackle competition.
The price is at support of multiple times.
Multiple patterns are in making on the longer time frame.
Asian paints is trading far below it's Average P/E of past 5 years.
Big Institutions and Mutual funds are buying at this price level.
Note: May have positions in the Stock and it's peers.
