Grasim’s big splash into paints may see others lose colour

February 22, 2024

But as Grasim’s entry takes the sheen off most of the incumbents, their stocks, too, could lose colour. Grasim had announced its foray in the paints business a little over 3 years ago with an initial investment of ₹5,000 crore, which it then doubled to ₹10,000 crore.

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