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Thursday 14 May 2015

UPDATE Result - Kansai Nerolec Paint

The co. has posted good Qtr. result and also good performance over YoY. The co. has also started Gujarat plant and co. has good presence in auto industry as well. The revival in auto industry, co. will expand its product and margin. The stock price 221 is quite cheap compare to industry leader Asian paints. The stock is worth to hold for 1 to 2 year and see more appreciation in coming days.

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