Asian Paints needs fresh coat as margin pressures build up in markets

A weaker-than-expected sales performance, concerns about higher competitive intensity in the current year, and earning cuts by some brokerages have weighed on the stock of the country’s......

Grasim Industries' rights issue will strengthen balance sheet, fuel growth

Grasim Industries has announced a rights issue of around Rs 4,000 crore with the promoters committed to fully subscribing to their entitlements and to covering any unsubscribed po­r­tion.......

Analysts see rich valuations for paint, tyre stocks; time to book profit?

Amid cooling raw material prices, the crude-oil linked companies, which includes paint and tyre firms, have been on a roll over the past one year. Shares of related companies have gained up to 84......

The Coming Corporate Battles In 2023

India Inc is gearing up for a slugfest this year and from tech to paints, new battlegrounds are emerging, observes Indrajit Gupta, co-founder, Founding Fuel. IMAGE: Tata Sons Chairman N......