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Why Indian behemoths are betting on the paints sector?

A post-pandemic boom of investments and infrastructure development has resulted in a demand spike from the real estate sector, which accounts for about 70 percent of the total paint demand in India.

India , Khandala , Maharashtra , Yojana-grameen , Aditya-birla , Kansai-nerolac , Akzo-nobel , Will-grasim , Careedge-ratings , Any-colour , One-price , Dulux-paints

PPG to Weigh Strategic Alternatives For Architectural Coatings Business in U.S., Canada

By Will Feuer PPG said it has hired Goldman Sachs to help review strategic alternatives for its architectural coatings business in the U.S. and Canada, a...

Canada , Goldman-sachs , Pittsburgh-paints , Executive-tim-knavish , Will-feuer , Article-normal , Chemicals , Paints-coatings , Basic-materials-resources , Consumer-goods , Home-improvement-products

Paints: A sector forced to exit its complacency zone

The entry of Aditya Birla Group in the paints sector puts pressure on leading incumbents to stay ahead, but this could be a strain on margins

India , Tamil-nadu , Ludhiana , Punjab , Cheyyar , Haryana-panipat , Asian-paints , Berger-paints-india , Aditya-birla-group , Grasim-industries , Birla-opus

Grasim: Grasim's big splash into paints may see others lose colour

But as Grasim's entry takes the sheen off most of the incumbents, their stocks, too, could lose colour. Grasim had announced its foray in the paints business a little over 3 years ago with an initial investment of ₹5,000 crore, which it then doubled to ₹10,000 crore.

India , Mumbai , Maharashtra , Georgep-thomas , Amit-purohit , Preeyam-tolia , Quantum-asset-management-company , Aditya-birla-group , Grasim-industries , Birla-opu , Asian-paints , Big-splash

Nvidia, Rivian, Lucid, Etsy, Royal Caribbean, Sunrun, and More Stock Market Movers

Fourth-quarter revenue at Nvidia jumps 265% from a year earlier and data-center revenue surges more than 400%, while shares of Rivian and Lucid fall after...

Nvidia , Article-normal , Chemicals , Paints-coatings , Machinery , Computers-consumer-electronics , Semiconductors , Motor-vehicles , Alternative-fuel-vehicles , Food-beverages , Dairy-products