Asian Paints is poised for a steady December quarter performance, with volume growth expected to improve. While margins are set to expand due to lower raw material costs, revenue growth will be moderated by weak pricing and a challenging demand environment. The B2B segment is anticipated to provide support.
Rupee strengthens to 95.59 amid drop in oil prices & RBI dollar sales
On Tuesday, the Indian rupee appreciated to 95.59, benefiting from a decrease in oil prices. The central bank’s dollar sales helped mitigate pressure on the