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Asian Paints share price: The stock slipped 0.58 per cent today to hit a low of Rs 2,851.90. At this price, the stock has plunged 20.05 per cent from its one-year high value of Rs 3,566.90, a level seen on July 24 last year. ....
“Any cut in the interest rate will further fuel the lending side of the business and that is the reason why we have picked it up. From a target perspective, around Rs 450 is the target we are expecting on Poonawalla Fincorp from at least a year of holding. Price to book, it is expensive but that is how it is with the companies which are growing at a scorching pace.” ....
Kant also sounded caution on the banking sector, where he sees an uptick in bad loans as the below-par monsoon hit rural incomes. Low corporate demand is also hurting their financials. ....
Kant also sounded caution on the banking sector, where he sees an uptick in bad loans as the below-par monsoon hit rural incomes. Low corporate demand is also hurting their financials. ....