Gaurang Kakkad, Vice President of Institutional Research at Religare Capital Markets expects a 10-12 percent volume growth from Asian Paints in FY16.
Gaurang Kakkad, Vice President of Institutional Research at Religare Capital Markets in an interview to CNBC-TV18 spoke on the fourth quarter Asian Paints earnings and expectations of ITC earnings.
According to him Asian Paints is likely to post 10-12 percent volume growth for and a 300 basis points expansion in margins for FY16. He recommends a hold rating on ITC.
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