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The demand for industrial paints, in which the company is the market leader, will take longer to recover, Bharuka said. Demand for paint from automotive companies, which account for a large share of industrial paints, has been slow due to low auto sales.
Only 34% firms meet Sebi's norm of 25% fundraise via debt tools: AnalysisIn FY19, Sebi passed a guideline wherein the listed large corporates with borrowings of Rs 100 crore or more and with credit ratings of AA and above would have to borrow 25 per cent or more of the incremental borrowings throu… Read MoreStock radar: Buy ITC for a target of Rs 400 in short term, says Shivangi Sarda
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… Read MoreThese 5 financial services stocks slip to a new 52-week low
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… Read MoreStock Radar: Buy Firstsource Solutions for a target of Rs 148, says Ajit Mishra
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… Read MoreInsolvency Fallout: NSE removes Zee Entertainment from F&O segment“No fresh month contracts will be issued on expiration of February 2023 contracts," the exchange says in a circular
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