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VERIFIEDET Markets·positive

Monarch Networth initiates coverage on Asian Paints, Colgate and Kansai Nerolac; sees up to 17% upside

AI Summary
  • ·Monarch Networth Capital initiated coverage on Asian Paints, Colgate Palmolive India, and Kansai Nerolac Paints.
  • ·The brokerage cited strong brands, extensive distribution, and resilient domestic demand as reasons for coverage.
  • ·Monarch Networth Capital sees up to 16.6% upside in Kansai Nerolac, 14% in Asian Paints, and 7.7% in Colgate.
COLPALASIANPAINT
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