Rating: BUY
Target: Rs 5000
Brokerage: Anand Rathi
Rationale: Asian Paints is a ‘Price Maker’; the category has no threat of price-led competition. There is less probability of: (1) loss of market share or (2) price-led competition. Demonstration of strong pricing power, despite lower volume growth and ability to sustain earnings growth momentum is a strong catalyst. With its weightage in the NSE, there is latent demand amongst investors.
Article source: http://www.moneycontrol.com/news/stocks-views/sipgood-health-5-fmcg-stocks-for-your-portfolio-_873774.html

