Paints sector likely to see double-digit volume growth in Q3, says Nuvama; Asian Paints, Grasim among top picks

Brokerage anticipates strong double-digit volume growth in Q3 for the Paints & Adhesives sector due to the upcoming wedding season, a soft base, and favourable demand. The brokerage expects YoY margin expansion and reiterates ‘BUY’ for Pidilite and Asian Paints.

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