Asian Paints: Macquarie Group on Asian Paints Outperform with Target Price ₹2,900 as second price hike taking cumulative increases to ~12% (likely to be replicated by peers including Grasim), signals industry pricing power to offset input cost inflation, easing fears of structural margin pressure with headwinds seen as near-term.

 21 Apr 2026 09:10 AM

Asian Paints: Macquarie Group on Asian Paints Outperform with Target Price ₹2,900 as second price hike taking cumulative increases to ~12% (likely to be replicated by peers including Grasim), signals industry pricing power to offset input cost inflation, easing fears of structural margin pressure with headwinds seen as near-term.