Rising competition, price hikes & declining volumes? Amit Syngle on what Asian Paints will do going ahead

November 12, 2024

Asian Paints faced a challenging second quarter with muted demand due to uneven rainfall and a slowdown in metro cities. Despite price hikes, competitive intensity remains high. The company is cautiously optimistic about single-digit volume growth in the coming quarter while closely observing AkzoNobel’s strategic review of its India business.

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