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Top News In Paints Business Today - Breaking & Trending Today

JK Cement's focus on expansion will bolster volumes but keep debt elevated

The company has planned capex of ₹1,200 crore in FY24, ₹2,200 crore in FY25, and ₹1,800 crore in FY26. At the end of December 2023, its gross debt stood at ₹4,585 crore, and this is expected to peak at ₹5,600 crore by FY26. ....

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Grasim: In 2-3 years, can the paints business account for 15-20% of Grasim profit? Kaustubh Pawaskar answers

Kaustubh Pawaskar of Sharekhan says "Grasim Paints poses a threat to smaller players in the paint industry, while Asian Paints market share remains stable. Pricing competition and distribution expansion is going to impact margins. ITC s potential acquisition of Prataap Snacks aligns with its FMCG growth strategy, leveraging distribution and manufacturing capabilities." ....

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Grasim's Birla Opus expects to exit FY25 with high-single-digit market share

The comments come as industry players are betting high on the decorative cement business amid expectations for the sector to grow to Rs 1 lakh crore in the next five years. ....

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Grasim Industries : Implementing Next Phase of Transformational Growth Journey

Consolidated: Robust performance of Cement and Financial Services businesses

Standalone: EBITDA at ₹789 Cr. up 45% QoQ led by recovery in Viscose Segment
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-Today at 06:35 am- MarketScreener ....

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Grasim Industries : Implementing Next Phase of Transformational Growth Journey

Consolidated: Highest ever Revenue at ₹1,17,627 Cr. up 23% YoY for FY23

Standalone Highest ever Revenue at ₹26,840 Cr.

Viscose:. | May 26, 2023 ....

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