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Source: Live Mint Amid worries of heightened competitive intensity, Berger Paints India Ltd’s decorative paints business saw 7.4% year-on-year volume growth in the December quarter (Q3FY25) – the highest among its listed peers. Growth was driven by increased sales of low-value products such as texture paints, tile adhesive and admixture, coupled with earlier price cuts…
Source: Live Mint But first, a quick recap. Asian Paints, the bluest of blue chips, is not having the best of times in the Indian stock market. The stock is down almost 30% from its 52-week high at a time when the broader index is down just 4%. This means Asian Paints has lost seven times…
Source: Live Mint Berger Paints India Ltd’s results for the September quarter (Q2FY25) lacked a spark. Volumes grew just 3.6% year-on-year due to heavy rains in the key markets of Andhra Pradesh, Kerala, West Bengal, Gujarat and Maharashtra. Premium and luxury products saw double-digit volume growth while mass products (putty, primers and enamels) remained flat,…
