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Asian Paints is trading at P/E lower than pandemic levels. Is it still a value buy?

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Synopsis

Over the last one year, the stock is down 15% while Nifty 50 fell just 0.5%. So, the temptation for investors seeking safe bets in uncertain markets is obvious. But what if the business moats that made it a quality stock are under threat?

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9 mins read,
When turbulence hit the markets, quality stocks are the best refuge for investors. So, as US President Donald Trump’s tariff tantrums turned global markets red, many Indian investors chose Asian Paints. So much so that the shares of India’s largest paint company and a darling of quality investors, rose 2.5% in five days while the broader markets corrected 1%. For two years, the Asian Paints stock has been trading at a price-to-earnings (P/E)

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