The paint industry is highly dependent on the performance of the real estate sector, which has been sluggish for the past few years. Paint companies have entered various businesses to decrease their dependence on the realty segment. According to the FY22 annual report of Asian Paints Ltd, it is the leading paint manufacturer in India and has not fallen behind other companies when it comes to diversifying its portfolio.
Devang Shah expects more easing ahead as global uncertainty spurs disinflationary outlook
Our perspective is that yes, currency is somewhere an important variable which markets will be looking at, not only currency people will also look at
April 9, 2025