Asian Paints shares in focus as Jefferies, Goldman Sachs, other brokerages cut target prices after Q2 results. Buy, sell or hold?

TL;DR

• Asian Paints shares will be in focus after multiple brokerages cut their target prices despite the company reporting a 7% year-on-year rise in Q2 FY27 consolidated net profit to Rs 1,068 crore. Revenue grew 17% to Rs 9,977 crore, while expenses rose 19%.