Investor concerns persist for paint companies due to intense competition and weak demand, impacting profitability. Despite recent share underperformance, valuations remain high, leading to analyst caution. The entry of new players like Aditya Birla Group intensifies the fight for market share, further pressuring margins and potentially causing incumbent stock prices to struggle.
11 penny stocks surged up to 198% in 6 months. Do you own any?
Eleven penny stocks delivered multibagger returns of up to 198% over the past six months. Screened using a market capitalisation below Rs 1,000 crore, a