• Asian Paints is an Indian multinational paint company, engaged in the business of manufacturing, selling and distribution of paints, coatings, and providing of related services.
• Shift from unorganized to lower-end paints is helping Asian Paints.
• 18-28% GST reduction in paints last year led to higher sales of premium products in the base.
• Asian Paints has launched various luxury and super-luxury products in the current year.
• Despite real estate slowdown, Sleek and ESS grew due to store expansion and broader range. Asian Paints continues to do very well in the waterproofing business.
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
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