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AKZONOBEL STOCK RISE
Ahead of Market: 10 things that will decide stock market action on MondayIndian equity markets ended sharply lower on May 29 amid broad-based selling, MSCI-driven flows and rising volatility. Technical indicators...
AkzoNobel rejects €12.5 billion Nippon Paint, Sherwin-Williams takeover offerDulux paint maker AkzoNobel has rejected a massive takeover offer. Rivals Nippon Paint and Sherwin-Williams proposed a €12.5 billion deal. ...
Global Markets: European shares edge higher as auto, chemical stocks riseEuropean shares neared an all-time high, boosted by strong auto and chemical stocks, despite ongoing Middle East tensions. Investors are ca...
From Hormuz to headquarters: Iran war ripples through corporate balance sheets, blurs forecastsBusinesses face rising costs and supply chain disruptions due to the U.S.-Israeli war with Iran. Companies report higher transport and raw ...
Global Inc speaks out: Iran war hurt biz already bruised by tariffs, high costsInvestors and economists are watching to see whether companies can absorb the shock, or if prolonged uncertainty over energy, transport and...
Akzo Nobel bulk deal: Goldman Sachs buys Rs 106 cr shares as promoter offloads Rs 1,296 cr stakeGoldman Sachs bought Akzo Nobel India shares worth Rs 106 crore via a bulk deal after promoter Imperial Chemical Industries sold a large st...
Akzo Nobel shares nosedive 15% as Imperial Chemical likely offloads 48.8 lakh shares via block dealAkzo Nobel India shares plunged 15% to Rs 3,080 on Wednesday following reports of Imperial Chemical Industries selling a 9% stake via a blo...
JSW poised to acquire Akzo Nobel India for $1.1 billionJSW Paints is poised to acquire Akzo Nobel India, valuing Akzo Nobel NV’s stake at approximately Rs 9,000 crore. This acquisition will posi...
Asian Paints shares in focus as Reliance eyes $1.3-billion exitReliance Industries plans to sell its 4.9% stake in Asian Paints, potentially exiting a 17-year-old investment worth over Rs 11,000 crore. ...
Reliance looks for $1.3-billion gloss finish to its exit from Asian PaintsReliance Industries is considering selling its 4.9% stake in Asian Paints, a 17-year-old investment, amid increasing competition and margin...
Paint companies of all hues line up for Akzo Nobel IndiaMajor paint companies like Pidilite, JSW Paints, Berger, and Indigo Paints have submitted bids for acquiring Akzo Nobel India. The acquisit...
Dulux maker Akzo Nobel plans to cut about 2,000 jobs globallyAkzo Nobel, the maker of Dulux paint, plans to cut around 2,000 jobs globally to reduce costs. The Dutch company aims to simplify its struc...
Add Akzo Nobel India, target price Rs 2150: ICICI SecuritiesAkzo Nobel India Ltd., incorporated in the year 1954, is a Mid Cap company (having a market cap of Rs 8781.31 Crore) operating in Building ...
Paint stocks see solid rebound, but can they paint the town red?Stocks of Asian Paints and Berger Paints haven’t logged big gains on a year-to-date basis; they have simply gyrated back to their pre-Covid...
Sensex, Nifty hit fresh lifetime highs; SBI, Tata Motors top gainersNifty PSU Bank index surged 113.05 points or 2.93 per cent to end at 3,975.40.
Twenty stocks in focus in Monday morning tradeHere is a list of top twenty stocks that are likely to be in focus today.
Seventeen stocks in focus in Friday's tradeIndian markets are expected to trade higher. Here is a list of seventeen stocks which are likely to remain in focus today.
- AkzoNobel a weak stock: Rajat Bose
If it were to fall below 790, then it could get weakened substantially.
- Mid-cap mantra: Akzo Nobel will find it difficult to settle for a palatable deal
Serious issues of corp governance seen linked to merger deal as the co has grown through a series of acquisitions over the past 3-4 years.
- Asian Paints: Competition, rising ad spend a negative
Fierce competition and foreseeable increase in raw material prices are likely to impact earnings of the largest paint manufacturing company...