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Mumbai: Asian Paints, one of the most ignored stocks in recent years, seems to be back in favor among investors. The stock rose 3.8% to close at ₹2,874.3 on Thursday, extending gains in the past two trading sessions to over 8%, boosted by the sudden departure of rival Birla Opus’ CEO and strong performance in […]
In January 2021, when conglomerate Aditya Birla Group announced its grand entry into the stable paint industry with a huge capital investment that was subsequently increased to Rs 10,000 crore, the clear target was market leader Asian Paints, which dominated more than half the market share in decorative paints. Analysts then started calling this the […]
