India’s largest asset managers have acquired a 3.6% stake in India’s largest paint company worth $900 million from Reliance Industries Ltd making it one of the largest bilateral block deals. With market capitalisation of Rs 2,10,832, the share price of Asian Paints...
Birla Opus, the new entrant in the decorative paints industry launched by the Aditya Birla Group, and Asian Paints, the sector’s long-standing market leader, are in the spotlight after Birla filed an antitrust complaint against Asian Paints. With a market...
Asian Paint’s stock fell 8.17% to ₹2,543.15 following disappointing Q2 FY25 results. The company reported a 5.3% YoY decline in revenue to ₹8,028 crore and a significant 43.66% drop in net profit to ₹694 crore. Multiple brokerages downgraded the stock, citing weak...
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