www.infystocks.co.uk

5 October 2007

Kansai Nerolac Paints

OUTPERFORMER
Current price : Rs 775 Target price : Rs 945
Potential upside : 22% Time Frame : 2 months

Kansai Nerolac Paints (KNPL), India's second largest paints company with a 21% market share, is expected to maintain its steady momentum on the back of robust economic growth and increasing demand from the user industry. We believe the company would benefit from enhanced activities in real estate and growth of the automobile industry.

by erectusplus at 19:31:00 |