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• Prabhudas Lilladher has recommended an accumulate rating on Kansai Nerolac Paints with a target price of Rs 351.
• Kansai has given a positive growth outlook for the second half of 2024, driven by festival demand and revival of demand from 2W.
• The company is making strategic moves in terms of sustained innovation and expansion into new markets, with new products and businesses accounting for a significant portion of sales.