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Birla Opus Paints' new campaign digitally transforms India's iconic monuments with vibrant colors, starting with Mumbai's ...
India's antitrust body on Tuesday ordered a probe into Asian Paints after billionaire Kumar Mangalam Birla's paints venture ...
Since launching with a $1.2 billion investment, Birla Opus now operates five plants. Meanwhile, Asian Paints reported revenue of Rs 294 billion ($3.43 billion) in FY24 and runs 26 factories globally.
In February 2024, when the Aditya Birla Group (ABG) launched its decorative paints business, Birla Opus, from the industrial township of Panipat, it shook the whole landscape of the paint industry.
Birla Opus is rapidly gaining market share and challenging Asian Paints’ long-standing dominance in India’s decorative paints sector, according to SEBI-registered analyst Saurabh Sahu. At the ...
With a market capitalisation of Rs. 2,15,829 Crore, the stock of Asian Paints opened at Rs. 2,239, down 0.28 percent from yesterday's close, and after opening, it made a high of Rs. 2,255.45, up 0 ...
Summary A number of headwinds are responsible for the industry's feeble growth in FY25, including a general widespread slowdown in consumption and increased competition from the entry of Birla Opus.
Reliance Industries has sold 3.5 crore shares of Asian Paints for ₹2,201 each, totaling ₹7,703.5 crore. Post-sale, Reliance retains 87 lakh shares.
An important development with regards to the company, Grsim’s paints division, Birla Opus Paints, has filed a complaint with the CCI or the Competition Commission of India, against Asian Paints.
Asian Paints rose nearly 3 per cent after 3.64% equity changed hands in a massive pre-open block deal. Zomato-parent Eternal, Bajaj Finance, and Schaeffler India were among other names witnessing bulk ...