Asian paints industrial coatings ltd
The company has come a long way since its small beginnings in It was set up as a partnership firm by four friends who were willing to take on the world's biggest, most famous paint companies operating in India at that time. Over the course of 25 years, Asian Paints became a corporate force and India's leading paints company. Driven by its strong consumer-focus and innovative spirit, the company has been the market leader in paints since
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Asian Paints, India's biggest paint producer, offers both household- and industrial-use products. Founded in by four partners, the company has held the largest share of the domestic paint market since It does business in South Asia, Africa, the Middle East and elsewhere through group units; all told, it supplies paint to more than 60 countries. The company's growth is partly attributable to its active adoption of new technologies.
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Friday's session may see the levels of 14, and 15, acting as immediate resistance points, while support will come in lower at 14, and 14, Though the company made losses of over Rs crore in nine months, the cash flow has been pretty good and balanced. Right now along with Korea, India is looking like a very top-down attractive market, says Ajay Bagga. Hindalco Industries Ltd.