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Motilal Oswal stays bullish on Indigo Paints, bets on demand recovery | Markets News

Domestic brokerage Motilal Oswal Financial Services Limited (MOFSL) remains constructive on Indigo Paints, betting on an improving demand outlook, easing competitive pressures and the company’s ability to consistently outgrow the broader paints industry through deeper market penetration and distribution expansion.    The brokerage has reiterated its ‘Buy’ rating on the stock, with a…

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