Paint industry not investable now; ABB an outlier? Sandip Sabharwal explains
Sandip Sabharwal says: Grasim aims to disrupt the paint industry dominated by Asian Paints and Berger Paints. FMCG companies resort to inorganic acquisitions for growth. ABB beats expectations, valuations are high. Sugar stocks face a temporary setback but show potential for positive trends after April. ABB not only has been beating analysts expectations. But at this price, it is tough to recommend that you should buy ABB now.
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