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Brush with competition could hurt paint maker Kansai Nerolac's margins

Kansai Nerolac Paints has seen its market capitalisation (mcap) erode by over 5 per cent since May 3 after posting a subpar performance in the fourth quarter of 2023-24.

Weighed down by stiff competition, the company has shed Rs 1,172 crore over the past two weeks in mcap.

India s largest paint maker in terms of mcap, expects double-digit growth in the industrial segment and aims to maintain margins, but its performance in decorative paints could suffer amid competition. ....

Ajay Gandhi , Percy Panthaki , Kansai Nerolac , Tanuj Pandia , Jaykumar Doshi , Kotak Research , Kansai Nerolac Paints ,

Kansai Nerolac Paints Ltd Announces Q4 2024 Results FY 2023-2024

Kansai Nerolac Paints Ltd Announces Q4 2024 Results FY 2023-2024
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Anuj Jain , Kansai Nerolac Paints , Kansai Nerolac Paints Ltd , Kansai Nerolac Paints Limited , Managing Director ,