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https://www.moneycontrol.com/news/business/markets/paint-stocks-should-asian-paints-and-berger-fear-grasims-entry-10249851.html
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Paint stocks: Should Asian Paints and Berger fear Grasim’s entry? - Moneycontrol
3/15/23 at 5:37am
Organization
Moneycontrol
Author
Shailaja Mohapatra
Details
50 words
Summarize
Business & Industrial
Chemicals Industry
Paint stocks
Asian Paints
Grasim Industries
Berger
Moneycontrol
If Grasim grabs a 20 percent market share by FY30, then the industry’s operating margins will contract by only 150 basis points while a 5 percent market share can shave off 400 basis points from the margins
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