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Grasim has doubled the capital expenditure for its foray into the paints business to Rs 10,000 crore.
Grasim has lined up investment for foray into decorative paints with project cost estimated at Rs 10,000 crore by FY25
Company to launch products by March 2024, take on Asian Paints and new entrants such as JSW
Adani Group stocks may be in limelight after both Adani Enterprises and Adani Wilmar reported earnings for the December quarter.
In Dec quarter results, the company said its consolidated revenue was up 16% at Rs 24,402 crore while profit after tax was Rs 1,746 crore, up 26% YoY
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We finally witnessed a decisive price and volume breakout from the recent congestion zone in Strides Pharma
Markets regulator Sebi on Thursday allowed Thomas Cook (India) to withdraw its buyback offer because of substantial deterioration in the company's financial position
Ability to penetrate distribution network and creating brand equity key challenges, say analysts
The Indian paint industry is valued at approximately Rs 54,500 crore and is expected to grow to Rs 97,100 crore by 2024, according to the estimates of Indsec Research
Larsen and Toubro is expected to report a strong sequential rebound in performance in Q3FY21 on the back of a healthy order inflow across verticals
Will take on the likes of Asian Paints, Nerolac in a sector that has registered a revenue CAGR of 11% between FY14 and FY19
All that happened in the markets today.
The project will be done in two phases, with the first phase of production expected to be operational in late-2022
Banking stocks' gain on Friday may provide impetus for the extended rally going forward
This set owns 60% stake in the company and has seen zero returns on investments in the telecom firm
Leading business houses report pre-tax loss of Rs 19,342 crore in Q4
This comes even as supply chain constraints and labour shortage remain
The company had posted a net profit of Rs 1,147.80 crore during the October-December quarter of the previous fiscal, Grasim Industries said in a regulatory filing
A collapse of the mobile operator could translate into total loss of nearly Rs 44,000 crore for the AV Birla group