Robust Urbanization Boosting Paint Industry, Buy This Stock For 17% Return: Motilal Oswal

Renowned brokerage firm Motilal Oswal recommended buying the stocks of Indigo Paints (INDIGOPN), for a target price of Rs. 2900. The Indian Paints industry is expected to grow to Rs. 971 b in FY24E (12.2% CAGR). Hence, the industry sales growth is likely to impact INDIGOPN's growth positively. By Anand Gupta
https://www.goodreturns.in/news/robust-urbanization-boosting-paint-industry-buy-this-stock-for-17-return-motilal-oswal-1235203.html?utm_source=dlvr.it&utm_medium=blogger