Among Sensex constituents, Asian Paints has rallied 35.47 per cent since June 17 to Rs 3,499.65 level from Rs 2,583.20, even as the stock is still flatish for 2022 so far. With prices of crude and crude derivatives easing, Asian Paints has come out with better-than-expected results, leading to 3.6 per cent revision in consensus EPS estimates for FY23 and 3.1 per cent upgrade for FY24 estimates.
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