Asian Paints gets double upgrade by Jefferies: 3 reasons it may stage a comeback
- Posted on July 9, 2025
- By Financial Express
- 2 Views

Asian Paints gets double upgrade by Jefferies: 3 reasons it may stage a comeback

Jefferies upgrades Asian Paints to Buy with Rs 2,830 target, expecting 13% upside. Firm sees improvement in demand and margins for consumer firms, naming Asian Paints, Varun Beverages, and HUL as “contrarian opportunities in fallen angels” with limited downside and potential for growth.