Domestic brokerage firm Monarch Networth Capital has initiated coverage on three consumer-facing stocks: Asian Paints, Colgate Palmolive India, and Kansai Nerolac Paints. The brokerage expects these market leaders to deliver steady performance, supported by strong brand power, deep distribution networks, and resilient domestic demand.
Here is a look at what the brokerage expects from each counter based on target prices calculated from August 4 closing prices.
