Paints industry may see 8-10% demand growth in March quarter: Berger MD Abhijit RoyThe domestic paints industry anticipates an 8-10% demand growth in the March quarter, driven by pent-up demand post-monsoon. Berger Paints ...
23% return in 1 month! Can old warhorse Asian Paints cross 2022 peak?Asian Paints' stock has surged 23% in a month, signaling a fundamental turnaround. The aggressive entry of competitor Birla Opus has falter...
The king's comeback: How Asian Paints outwitted Jio-styled discount warrior Birla OpusAditya Birla Group's aggressive entry into the paints market with Birla Opus initially threatened market leader Asian Paints. However, Asia...
Nomura upgrades Asian Paints, Berger Paints to Buy. Here’s why analysts are turning bullishNomura upgraded Asian Paints and Berger Paints to ‘Buy’, noting that the worst of competition from Birla Opus is over. The brokerage raised...
Asian Paints shares rally 6%. Here are 4 reasons behind the surge todayAsian Paints shares surged after the sudden resignation of Birla Opus CEO Rakshit Hargave, who is set to become CEO of Britannia Industries...
Rakshit Hargave to join Britannia, after resigning from Birla Opus as CEOBritannia Industries has appointed Rakshit Hargave as its new CEO, succeeding Rajneet Singh Kohli. Hargave, formerly CEO of Birla Opus, wil...
Opus and Pivot poised for strong growth: Kumar BirlaAditya Birla Group's paints business, Birla Opus, launched in early 2024, aims to become the second-largest player, targeting ₹10,000 crore...
Grasim's market capitalisation near Rs 2 lakh crore: Kumar Mangalam BirlaGrasim Industries, flagship of Aditya Birla Group, is close to a ₹2 lakh crore market cap, Chairman Kumar Mangalam Birla told shareholders ...
Birla's paints unit said to have filed antitrust case against Asian PaintsAditya Birla Group's paints business, Birla Opus, has accused Asian Paints of abusing its market dominance. Birla Opus filed an antitrust c...
Birla Opus becomes second-largest decorative paints player in India by capacityGrasim Industries' Birla Opus has rapidly ascended to the second position in India's decorative paints industry by installed capacity, reac...
Birla's big paints bet rattles Asian Paints' India reignAsian Paints, India's leading paint manufacturer, is facing increased competition. Grasim Industries, led by Kumar Mangalam Birla, has gain...
Birla Opus to expand portfolio, sales network; expects high singe digit growth in FY26Birla Opus has shown high single-digit growth in FY25, driven by expanding its dealer network and product range. The company plans to susta...
Demand flat in paints business, but not worrisome: Birla Opus CEO Rakshit HargaveBirla Opus CEO Rakshit Hargave stated that the paint market is not as negative as some competitors have indicated. He noted the market is f...
Birla Opus not looking at inorganic growth routeBirla Opus, the Aditya Birla Group's paint company, has denied pursuing inorganic growth through acquisitions, despite reports linking them...
Birla Opus Paints opens 4th plant, eyes Rs 10,000 crores in revenue in first three yearsBirla Opus Paints, a subsidiary of Grasim Industries, has inaugurated its fourth manufacturing plant in Chamarajnagar, Mysore, boosting its...
Paint companies sparkle on price rise, but ‘gains could be short-lived’Paint shares surged due to price hikes, led by Indigo Paints at 10.7%. Analysts foresee short-lived gains and pressure from Birla Opus. Nuv...
Grasim Industries raises Rs 1.2k cr from IFC for paints bizBirla Opus aims to have a higher usage of renewable energy and water recycling at its manufacturing plants, and IFC's investment will help ...