Ticker: ASIANPAINT Sector: Paints & Varnishes Recommendation: BUY Current price: Rs. 1,960 Target price: Rs. 2,894.84 The document provides an analysis of Asian Paints including its business overview, performance, industry overview, valuation, forensic checks, financial analysis, revenue mix, governance and risks. It recommends Asian Paints as a buy with a target price of Rs. 2,894.84 based on a free cash flow valuation.