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PREVIEW: India's Asian Paints dips ahead of Q4 results



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** Asian Paints ASPN.NS edges 0.2% lower ahead of Q4 report

** Analysts expect ASPN to report 9.6% increase in Q4 profit, 3.8% rise in revenue -LSEG data

** Ambit Capital expects vol growth to slow to 6% from 14% year-ago on soft demand but expects price cuts to generate effective rev growth

** Jefferies sees gross margins to be flattish q-o-q, but expanding y-o-y on lower raw material prices

** Centrum says post-festival season demand remains sluggish yet picked up in Feb/March on demand for exterior paints, launch of new products, strong traction in damp-proof segment

** Analysts' avg rating on ASPN is "hold" -LSEG data

** Kansai Nerolac KANE.NS, Indigo Paints INDG.NS, Akzo Nobel AKZO.NS also 'hold's; Berger Paints BRGR.NS a 'sell'

** ASPN down 16.5% YTD vs Nifty 50's .NSEI 2.4% rise



Reporting by Rama Venkat in Bengaluru

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