Can Asian Paints stock sustain the momentum? SECTIONS Last Updated: May 15, 2021, 09:28 AM IST Share Synopsis "Q1 of this year is going to be tough for most of the FMCG companies, including Asian Paints," says Mahantesh Sabarad. ETMarkets.com NSE Explore Now After Asian Paints stock jumped 8.5 per cent following the release of its quarterly report card, Mahantesh Sabarad, Head, Retail Research, SBICAP Securities, says he is surprised on the stock price movement and would be a little cautious in the near-term. Edited excerpts from his interview with ET Now: What is your reading of Dr Reddy's numbers? Apart from the results, one should look at two things. The biggest statement that came from the company was about the rollout of the Sputnik V vaccine. This gives confidence about the future outlook of the company.