Aditya Birla Group led-Grasim Industries Ltd is set to disrupt the oligopolistic Indian decorative paints industry with its strong distribution strategy and manufacturing prowess. Under its paints brand, Birla Opus, six plants are set to come on stream by the end of FY25. Collectively, these plants would expand the domesticRead More →
Rising competition has become a niggling worry for investors in paints stocks, amid fears that the entry of newer companies with deeper pockets could hit the growth prospects of incumbents. Last week, Aditya Birla Group company Grasim Industries Ltd unveiled the much-anticipated brand name of its paints business—Birla Opus. TheRead More →
In the quarter gone by, easing input costs brought cheer on the operating performance front for Indian companies leading to a sharp recovery in margins. An analysis by Kotak Institutional Equities showed that the aggregate Ebitda margin of BSE-500 companies (excluding BFSI) surged to a seven-quarter high of 16.4% inRead More →
